SAKTHIFIN News Today

Private Equity-Backed Capital Small Finance Bank Files Draft Papers for IPO

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The IPO comprises a fresh issue of Rs 450 crore and an offer-for-sale of up to 24.12 lakh shares by existing shareholders and promoters.

• 29 September, 2023
• 2:04 PM
• less than a minute

Cholamandalam Investment and Finance Company Sees 2% Surge in Shares After Rs 4,000 Crore QIP A...

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The company's board will convene on October 4 to determine the issue price for the QIP

• 29 September, 2023
• 12:30 PM
• less than a minute

Aditya Birla Fashion completes purchase of 51% stake in TCNS Clothing, becomes promoter

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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.

• 27 September, 2023
• 2:36 PM
• less than a minute

Aditya Birla Capital injects Rs 750 crore into AB Finance to fund growth plans

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Aditya Birla Capital received shares on a rights basis on Tuesday, according to the business.

• 27 September, 2023
• 12:00 PM
• less than a minute

Aditya Birla Finance Limited NCD: Everything you need to know

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The company is raising Rs 1000 crore from the issue at a price of Rs 1000 each. Investors need to apply for a minimum of 10 NCDs in a lot.

• 27 September, 2023
• 11:30 AM
• less than a minute

REC join hands with Punjab National Bank to finance projects in various sectors

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TSC Bosh, Executive Director (Infra & Logistics), REC, and PNB Chief General Manager Rajeeva signed the MoU.

• 27 September, 2023
• 10:00 AM
• less than a minute

Fincare Small Finance and Western Carriers received SEBI approval to float IPO

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The net proceeds from the fresh issue will be channeled into enhancing Fincare Small Finance Bank's Tier-1 capital base to meet future capital requirements.

• 26 September, 2023
• 2:43 PM
• less than a minute

Zen Technologies Ltd. Bags order worth Rs 227.65 crores

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A full maintenance contract with a post-warranty cost of Rs 43.22 crore, including GST, is included in the contract.

• 26 September, 2023
• 12:41 PM
• less than a minute

Aditya Birla Finance Launches Rs 2,000 Crore NCD Public Issue

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NCDs are fixed-income securities listed on BSE and NSE, offering an alternative to bank and corporate FDs for investors with medium risk tolerance

• 26 September, 2023
• 11:44 AM
• less than a minute

Bajaj Finance: Capital raise on high growth visibility

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f BAF were to raise Rs100bn, valuation at CMP would moderate by 10% to 5.0x (FY25) and leverage by 16% to 4.3x. BAF’s high profitability (~5% ROAs) will enable delivering sector-leading ROEs of ~23%, even at lower leverage.

• 25 September, 2023
• 10:58 AM
• less than a minute