Auto Sector

SJVN has recently bagged an 18 MW solar project from the Bhakra Beas Management Board, which is scheduled to be commissioned by August 2024.

The IPO price band for Signature Global has been set at Rs 366 to Rs 385 per equity share

The company plans to use the proceeds from the IPO to expand its network of stores in South India and maintain its position as a market leader in women ethnic wear.

Leadership in EHV transmission products and grid stability solutions with a strong boutique of next-gen technologies place GETD in a sweet spot.

While CMS grew overall revenue at 21% Cagr over FY21-23, services revenue Cagr was higher at 27.5%.

The price band for the offer fixed at Rs 135-142 per share.

Earlier, the business raised prices by 1.2% in January and 5% in March.

The IPO was launched with a price band set at Rs 983 to Rs 1,035 per share.

The offer will close on September 22. The issue size has been reduced at the time of filing the draft IPO papers from Rs 1,000 crore in July last year.

The company's maiden public issue, valued at Rs 730 crore, will open for subscription on September 20, with the final day for bidding set for September 22.