Aiming to raise Rs 351 crore through this IPO, the Mumbai-based firm has set the upper price band.
The BSE midcap and smallcap indices demonstrated a growth of 1% each.
The generated funds from the IPO will be allocated towards partial debt repayment, funding working capital needs, and addressing general corporate requirements.
Gulshan Khurana was addressing a panel at the fourth ETTelecom Digital Telco Summit - 2023, which was conducted in conjunction with the TRAI Centre of Studies and Research.
The company issued 16.7 lakh shares at a rate of Rs 735 per share, as highlighted in a public announcement.
On August 11, a division bench of the Bombay High Court decided that neither Dixit nor GD Apte & Co should act as FLFL's forensic auditor.
As of this now, the SBH chairman can serve a term of up to 63 years, but Khara will turn 63 in August.
According to Bloomberg, two individuals have been named as part-time UIDAI members: Prof. Mausam, an associate professor in the department of computer science at IIT Delhi, and Nilesh Shah, the managing director of Kotak Mahindra Asset Management Company Limited.
Investors with very high risk appetite and want to invest for 5 to 7 years in multi asset mutual fund should invest in Shriram Multi Asset Allocation Fund.
Shares of Glenmark Pharmaceuticals were trading lower on the NSE at Rs 765.25 at 12:04 p.m.

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