Auto Sector

The mutual fund industry closed August 2023 with combined average AUM of Rs. 46.94 trillion.

The price band for the offer, which opened on September 14, was set at Rs 119-126 per share.

The price band for the IPO, which opened on September 13 and was subscribed 1.4 times by September 14, was set at Rs 983-1,035 per share.

Yatra Online, the country's third-largest online travel company, aims to raise Rs 775 crore through the IPO, with the upper price band set at Rs 135-142 per share.

Even on the first day of bidding, which occurred on September 14, the subscription rate was a modest 19%.

The day witnessed a mixed trend in various sectors, with FMCG, oil & gas, power, and realty experiencing declines of 0.2-1%

Zaggle Prepaid Ocean Services' client base includes prominent companies such as TATA Steel, Persistent Systems, Vitech, Inox, Pitney Bowes, Wockhardt, MAZDA, PCBL (RP Sanjiv Goenka Group), Hiranandani Group, Cotiviti, Greenply Industries, and more.

The company has fixed a price band of Rs 119-126 per equity share for its maiden public offer.

Yatra Online has fixed a price band of Rs 135-142 per equity share for the issue, where investors can bid for a minimum of 105 equity shares in one lot and in multiples thereafter.

This investment will be a collaborative effort involving Oil India and its subsidiary, Numaligarh Refinery Ltd (NRL), which will establish the ethanol plant.