The IPO of INR 4513 million is an offer for sale and is aimed at providing liquidity to its founders and key management.
Read MoreThe IPO of INR 4513 million is an offer for sale and is aimed at providing liquidity to its founders and key management.
The IPO is expected to enhance operational presence by funding capex and strengthening balance sheet.
Of the fresh proceeds, the company plans to deploy around ₹340 crore for debt repayment, while the rest will be set aside for general corporate purposes.
ICICI Securities, Goldman Sachs and Nomura will act as the book-running lead managers for the share sale.
Its IPO of INR 1,260 million is aimed at increasing the capacity of its SVP and SteriPort lines to meet future demand.
The IPO will comprise 47.58 crore shares. It including a fresh issue of 21 crore equity shares and an offer for sale (OFS) of 26.58 crore shares
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Here are some of the stocks that may see significant price movement today.
JSW Steel and Maruti Suzuki hits 52-week high in Nifty.
Here are some of the stocks that may see significant price movement today: Adani Enterprises, JSW Infrastructure, Zydus, etc.
Here are some of the stocks that may see significant price movement today: Apollo Hospitals, GMR Airports, RailTel Corporation, etc.
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