Post-listing, the promoters intend to retain at least 51% ownership in the company.
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Post-listing, the promoters intend to retain at least 51% ownership in the company.
The resolution was passed during an extraordinary general meeting (EGM) held recently.
The company has positioned itself among the top 10 independent renewable energy producers in India.
Founders Ankita Chugh, Sanjay Manohar Vazirani, and Trans Global Hotels LLP will dilute part of their stakes through the OFS route.
Wakefit intends to use part of the proceeds to grow its offline presence including plans to open 117 regular stores and one larger-format outlet.
For the IPO, the company has brought in ICICI Securities, JM Financial, and Morgan Stanley as lead advisors.
The ₹15.84 crore order, inclusive of taxes, will be executed entirely within India and is scheduled for completion by November 2, 2025
Apollo Hospital, Bharat Elec hits 52-week high in Nifty.
The total Gross Development Value (GDV) is estimated at ₹4,521 crore, making this one of the most extensive urban renewal projects in the city.
The infrastructure major reported a consolidated net profit of ₹225.4 crore for Q4 FY25, a sharp increase from ₹164.3 crore in the same quarter last year.
The ₹15.84 crore order, inclusive of taxes, will be executed entirely within India and is scheduled for completion by November 2, 2025
Apollo Hospital, Bharat Elec hits 52-week high in Nifty.
The total Gross Development Value (GDV) is estimated at ₹4,521 crore, making this one of the most extensive urban renewal projects in the city.
The infrastructure major reported a consolidated net profit of ₹225.4 crore for Q4 FY25, a sharp increase from ₹164.3 crore in the same quarter last year.
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