New Delhi, April 8 A group of investors collectively purchased a 1.6 per cent stake in logistics firm Delhivery from US-based venture capital firm Nexus Venture Partners for Rs 530 crore through open market transactions on Wednesday.A total of 1.20 crore equity shares, representing a 1.6 per...
New Delhi, March 23 Power solutions provider Powerica Ltd raised Rs 329.40 crore from anchor investors on Monday, a day before its initial public offering (IPO) opens for subscription.Shares were allocated to several institutional investors, including SBI Mutual Fund (MF), HDFC MF, ICICI...
New Delhi, March 19 SBI Mutual Fund, the country's largest fund house, filed preliminary papers with the capital markets regulator, Sebi, on Thursday, seeking to raise funds through an initial public offering (IPO).The proposed maiden public offering is entirely a sale of up to 20.37 crore...
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New Delhi, March 18 Shares of Urban Company surged by over 13 per cent on Wednesday after SBI Mutual Fund acquired a stake of nearly 4 per cent for Rs 632 crore.The stock rebounded sharply, rising 13.20 per cent to Rs 124.35 per share on the BSE and increasing 13.01 per cent to Rs 124.43 on...
New Delhi, March 9 Mumbai-based True North divested a 3.6 per cent stake in Anthem Biosciences for Rs 1,261 crore through a transaction in the open market on Monday.Private equity firm True North, through its affiliate Viridity Tone LLP, sold a total of 2,03,13,795 shares, representing a 3.62...
Kolkata, February 26 The Reserve Bank of India has approved a proposal by SBI Mutual Fund to acquire an aggregate holding of up to 9.99 per cent in Bandhan Bank, according to a regulatory filing on Thursday.Bandhan Bank informed stock exchanges that the RBI, through a letter dated February 25...