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On September 27, PFC's stock rose nearly 6 % following the announcement of an MoU with PNB for infrastructure and power project development
A 51% stake in TCNS Clothing has been acquired by Aditya Birla Fashion Retail Ltd (ABFRL), making it a promoter of the women's clothing company.
JSW Infra IPO comprises a fresh issuance of Rs 2,800 crore worth of shares, there's no offer for sale (OFS) component.
The price band for the public issue, which closes on September 27, is set at Rs 113-119 per share.
A full maintenance contract with a post-warranty cost of Rs 43.22 crore, including GST, is included in the contract.
The IPO is offered in a price band of Rs 113 to Rs 119 per equity share.
The port-related infrastructure company aims to raise Rs 2,800 crore from the issue with a price band of Rs 113-119 per share.
The funds raised will be utilized for expansion and upgradation at Jaigarh Port and Mangalore Container Terminal, as well as general corporate purposes
134 bids were submitted for the issue, demonstrating a more diverse level of interest. Investors included business entities, insurance firms, mutual funds, provident funds, pension funds, and more.
Price band set between Rs 113-119 per share. IPO raised Rs 1,260 crore from anchor investors.