Posts in category Business Standard
Mutual funds bet on ‘special’ opportunities as uncertainties loom (08-05-2024)
Two launches next week, one in the pipeline
Mutual funds sells G-sec to book profit after stocking up in April (08-05-2024)
The liquidity in the banking system was in a deficit of Rs 1.38 trillion on Tuesday, according to the latest data by the central bank
Dixon Tech, Indus Towers among top bets of insurance companies in April 2024 (08-05-2024)
Indian life insurance industry, excluding LIC of India, Nuvama said, commands an impressive aggregate equity assets under management (AUM) of nearly Rs 4.5 trillion, Nuvama said
Board of Larsen & Toubro approves change in nominee director (08-05-2024)
With effect from 08 May 2024
Board of Alphalogic Techsys allots shares on conversion of warrants (08-05-2024)
At meeting held on 08 May 2024
Board of Mercury EV-Tech approves acquisition of majority stake in Traclaxx Tractors (08-05-2024)
At meeting held on 08 May 2024
Board of Datamatics Global Services approves acquisition of balance stake in JVC (08-05-2024)
At meeting held on 08 May 2024
Board of Kalpataru Projects International approves subscription to rights issue of subsidiary (08-05-2024)
At meeting held on 08 May 2024
Investors subscribe TBO Tek IPO 1.15 times on first day of subscription (08-05-2024)
The initial public offer of travel distribution firm TBO Tek got subscribed 1.15 times on the first day of bidding on Wednesday.
The Rs 1,551 crore IPO received bids for 1,06,50,112 shares against 92,85,816 shares on offer, according to data available with the NSE.
The category for Retail Individual Investors (RIIs) got subscribed 3.13 times while the portion for non-institutional investors received 2.08 times subscription. The quota for Qualified Institutional Buyers (QIBs) got 1 per cent subscription.
The Initial Public Offer (IPO) has a fresh issue of up to Rs 400 crore and an offer for sale of up to 1,25,08,797 equity shares.
Those selling shares in the OFS are promoters Gaurav Bhatnagar, Manish Dhingra and LAP Travel, and investors TBO Korea and Augusta TBO.
The price range for the offer is Rs 875-920 per share.
TBO Tek on Tuesday said it has collected a little over Rs 696 crore from anchor investors.
Proceeds from the fresh issue will be used for the growth and strengtheni
Reliance Industries acquires 100% stake in Reliance Chemicals and Materials (08-05-2024)
For an aggregate consideration of Rs 314.48 cr