initial public offering

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    Sai Parenteral IPO: 41% Subscription on Day 2

    New Delhi, March 25 The initial public offering of Sai Parenteral's Ltd, a diversified pharmaceutical formulation company, saw 41 per cent subscription on the second day of the share sale on Wednesday.The IPO received bids for 30,82,788 shares against 75,22,486 shares on offer, according to...
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    Electromechanical Solutions Provider Raises Rs 37 Cr in IPO Funding

    New Delhi, March 24 Electromechanical solutions provider Vivid Electromech secured over Rs 37 crore from anchor investors on Tuesday, a day before its initial public offering (IPO) opens for subscription on the NSE Emerge.Shares were allocated to nine entities, including Motilal Oswal Finvest...
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    Coal India Subsidiary IPO Success

    New Delhi, March 24 The initial public offering of Central Mine Planning & Design Institute Ltd, a subsidiary of state-owned Coal India, was fully subscribed on the final day of bidding on Tuesday.The IPO, worth Rs 1,842 crore, received bids for 8,37,16,560 shares, against 7,97,89,500 shares...
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    Basmati Rice Exporter Amir Chand IPO Success

    New Delhi, March 24 The initial public offer of basmati rice exporter Amir Chand Jagdish Kumar (Exports) Ltd was subscribed 1.19 times on the first day of the share sale on Tuesday.The IPO received bids for 2,25,63,870 shares against 1,89,05,270 shares on offer, according to data available...
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    Pharmaceutical IPO: Sai Parenteral's Initial Offering

    New Delhi, March 24 The initial public offering of Sai Parenteral's Ltd, a diversified pharmaceutical formulation company, received 4% subscription on the first day of bidding on Tuesday.According to NSE data, the IPO received bids for 3,35,350 shares against 75,22,486 shares on offer.The...
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    Infrastructure Trust IPO Sees Positive Start

    New Delhi, March 24 Units of the Raajmarg Infra Investment Trust, sponsored by the State-owned National Highways Authority of India, ended nearly 7 per cent higher on its debut trading on Tuesday.The unit started trading at Rs 108, up 8 per cent from the issue price of Rs 100 on the BSE. It...
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    Infrastructure Financing Boost: Raajmarg InvIT Launches

    March 24, New Delhi – Union Minister for Road Transport and Highways, Nitin Gadkari, today marked the listing of the NHAI-sponsored Raajmarg Infra Investment Trust on the Bombay Stock Exchange, highlighting it as a key step in boosting infrastructure financing and public participation in the...
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    Infrastructure InvIT IPO Sees Strong Trading

    New Delhi, March 24 Units of the state-owned National Highways Authority of India-sponsored Raajmarg Infra Investment Trust jumped 8 per cent in their trading debut on Tuesday.The units started trading at Rs 108, up 8 per cent from the issue price of Rs 100 on the BSE.At the NSE, it rose by...
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    Agrochemical Company GSP Crop Science Lists with Premium

    New Delhi, March 24 Shares of agrochemical company GSP Crop Science Ltd were listed on Tuesday at a premium of nearly 4 per cent against the issue price of Rs 320.The stock started trading at Rs 332.30, up 3.84 per cent from the issue price on the BSE. Later, it jumped 13.21 per cent to Rs...
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    Sai Parenteral Raises Over Rs 122 Cr in Pre-IPO Funding

    New Delhi, March 23 Sai Parenteral's Ltd, a diversified pharmaceutical formulation company, raised over Rs 122 crore from anchor investors on Monday, a day before its initial public offering (IPO) opens for subscription.Morgan Stanley Asia (Singapore) Pte Ltd, Kotak Lifesciences Fund, Quant...
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    Amir Chand Raises $60M from Anchor Investors Ahead of IPO

    New Delhi, March 23 Basmati rice exporter Amir Chand Jagdish Kumar (Exports) Ltd raised Rs 60 crore from anchor investors ahead of its initial public offering (IPO).Rajasthan Global Securities, Lords Multigrowth Fund, and Chanakya Opportunities Fund I are the anchor investors, according to a...
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    Coal India Subsidiary IPO Sees Strong QIB Interest

    New Delhi, March 23 The initial public offering of Central Mine Planning & Design Institute Ltd, a subsidiary of state-owned Coal India, received 25 per cent subscription on the second day of bidding on Monday.According to NSE data, the IPO received bids for 2,02,84,720 shares against...
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    Innovision IPO Performance Below Expectations

    New Delhi, March 23 Shares of Innovision Ltd, a provider of manpower and toll plaza management services, closed over 28 per cent lower than the issue price of Rs 519 on Monday.The stock started trading at Rs 466, a decline of 10.21 per cent from the issue price on the BSE. Later, the stock...
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    Innovision Ltd Stock Performance After Listing

    New Delhi, March 23 Shares of Innovision Ltd, a company providing manpower and toll plaza management services, listed on the stock market on Monday at a discount of over 10% compared to the issue price of Rs 519.The stock began trading at Rs 466, a decline of 10.21% from the issue price on the...
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    CMPDIL IPO Subscribes 7% on Day One

    New Delhi, March 20 The initial public offering of Central Mine Planning and Design Institute Ltd, a subsidiary of state-owned Coal India, received subscriptions worth 7 per cent on the first day of the share sale on Friday.According to NSE data, the IPO received bids for 52,44,320 shares...
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    Sebi Approves SBI Funds Management IPO

    New Delhi, March 19 SBI Funds Management filed preliminary papers with the capital markets regulator, Sebi, on Thursday, seeking to raise funds through an initial public offering (IPO).According to the draft red herring prospectus (DRHP), the company's maiden public offering is entirely an...
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    Rajputana Stainless IPO Performance Below Initial Buzz

    New Delhi, March 19 Shares of Rajputana Stainless Ltd, a manufacturer of long and flat stainless-steel products, closed over 7 per cent lower on Thursday, its first day of trading against the issue price of Rs 122.The stock closed at Rs 112.90, down 7.45 per cent on the BSE. Earlier in the...
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    Investment Highlights: Anchor Investors Back CMPDIL IPO

    New Delhi, March 18 The Central Mine Planning and Design Institute (CMPDIL), a subsidiary of state-owned Coal India, announced on Wednesday that it has raised Rs 470 crore from anchor investors ahead of its initial public offering (IPO) for public subscription.Life Insurance Corporation of...
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    IPO Funding Secured: CMPDIL Targets ₹12,280 Cr Valuation

    New Delhi, March 18 The Central Mine Planning and Design Institute (CMPDIL), a subsidiary of state-owned Coal India, announced on Wednesday that it has raised ₹470 crore from anchor investors, ahead of its initial public offering (IPO) for public subscription.Life Insurance Corporation (LIC)...
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    Powerica IPO Details: Price Band & Use of Funds

    New Delhi, March 18 Power solutions provider Powerica Ltd announced on Wednesday that its initial public offering (IPO) worth Rs 1,100 crore will open for subscription on March 24, with the proceeds primarily being used for debt reduction.The price band has been fixed at Rs 375-395 per share...
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