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.
The approval of the AoN for the Medium Speed Marine Diesel Engine under the Make-I category is a crucial milestone, believes the Council.
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 will use net proceeds from the IPO to fund the working capital requirements and for other general corporate purposes.
The company intends to raise Rs 155 crore through an initial public offering at the higher end of the Rs 133-140 price band.