The offer will comprise a pure offer-for-sale (OFS), with no fresh issue of shares.
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The offer will comprise a pure offer-for-sale (OFS), with no fresh issue of shares.
The IPO consists entirely of an Offer For Sale and there is no Fresh Issue of shares.
Its IPO is aimed at strengthening its balance sheet, funding capex and providing liquidity to existing investors (including promoters).
On the financial front, Anthem saw its revenue grow by 30% year-on-year, reaching ₹1,844 crore in FY25, up from ₹1,419 crore in FY24.
SeedWorks is a seed research and development company specialized in hybrid and OPV seeds for key crops like rice, cotton, pearl millet, mustard, vegetables, and fruits.
Veeda Clinical Research was established in 2004 and started its operations in 2005.
Top gainers in Sensex include Sun Pharma, Bajaj Finance, M&M, Tata Motors.
As part of the approved plan, the consortium will make a total payment of ₹919 crore, along with any applicable statutory dues.
Together, the two back-to-back deals push RailTel’s new order haul for July past ₹281 crore, underscoring the PSU’s growing heft in railway-focused ICT and safety solutions.
The company added that the securities will be backed through hypothecation and mortgage, creating a subservient charge on assets.
Top gainers in Sensex include Sun Pharma, Bajaj Finance, M&M, Tata Motors.
As part of the approved plan, the consortium will make a total payment of ₹919 crore, along with any applicable statutory dues.
Together, the two back-to-back deals push RailTel’s new order haul for July past ₹281 crore, underscoring the PSU’s growing heft in railway-focused ICT and safety solutions.
The company added that the securities will be backed through hypothecation and mortgage, creating a subservient charge on assets.
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