According to Aditya Birla Capital Ltd., the preferential issuance would take place at a cost of Rs 165.1 per equity share and is pending approval from shareholders.
The floor price for the two-day OFS is set at ₹225 per share.
Recommendation: Add; Target Price: Rs 165
NTPC is also planning to come up with initial public offering for its renewable energy arm NTPC Green Energy Ltd (NGEL) to raise funds
The introduction of the Paytm UPI SDK is an additional feature within the existing UPI acquiring arrangement between Paytm Payments Services Ltd. and Paytm Payments Bank.
Recommendation: Buy; Target Price: Rs 220
The price band for the offer was Rs 95-100 per unit.
The India's leading real estate investment trust (REIT) IPO has been subscribed 5.45 times on the final day of the offer.
The issue opened for subscription on May 9 and will close today. The company has set a price band of Rs 95 - 100 per unit.
The investment trust has already raised Rs 1,440 crore from anchor investors at the higher end of the price band.