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Signature Global India aims to raise Rs 730 crore through the public issue, with the upper end of the price band set at Rs 366-385 per share.

The offering had a price band set at Rs 983-1,035 per share.

The offering's price range, which was open for subscription starting from September 18, ranged from Rs 135 to Rs 142 per share.

The only gainers on the Nifty were Power Grid Corporation, Coal India, ONGC, Sun Pharma, and Asian Paints.

The company is raising Rs 100 crore from the issue at a price of Rs 1000 each. Investors need to apply for a minimum of 10 NCDs in a lot. The NCD has received rating of [ICRA] AA-/Stable by ICRA.

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%.