Reliance Industries and its partner BP Exploration (Alpha) Ltd (BPEAL) are set to conduct an e-auction on April 3.
The issue comprises fresh issue of 85.20 lakh equity shares and an offer for sale of up to 25.5 lakh by promoters Mayank Shah and Shweta Shah.
Sensex added nearly 600 points in early morning trade tracking a rebound in global equities.
Global cues are positive today.
Big US banks to deposit $ 30 billion in First Republic Bank to support it.
It will provide the services through its domestic and international network and branch at GIFT City, the Gujarat-based emerging global financial and IT services hub.
In conversation with Sheetal Agarwal of IIFL, the Founder of the company outlines his growth strategy, macro opportunities and fund-raising plans.
The company intends to raise Rs 155 crore through an initial public offering at the higher end of the Rs 133-140 price band.
The company is engaged in the business of processing natural stones and manufacturing engineered quartz and has 2 manufacturing units in Rajasthan.
The offer comprises fresh issue of equity shares 119.28 crore and an offer for sale by promoters of up to 2,550,000 equity shares.