Banking Sector

issue was open for subscription on December 23 and will conclude on December 27. The company has fixed the price band at Rs 94-99 per share.

The company's IPO was a pure offer-for-sale of Rs 1,500 crore by its existing promoter.

The company is selling its shares at a price range of Rs 94-99 apiece from December 23 to December 27.

Check the live subscription status of the IPO on December 26 at 11:00 AM

The issue has received bids for 6,16,800 equity shares out of 2,74,29,925 shares offered.

The Rs 345.60 crore IPO of the company was sold at the price range of Rs 256-270 per share from December 12-15.

Bandhan Bank will sell Rs8,900 crore in written-off loans (MFI) to ARC/others for Rs800 crore

The company will hit the market to raise Rs 387.95 crore through this initial public offer December 23 to December 27.

Axis Bank revealed on Tuesday that it has gained regulatory approval to serve as a pension fund manager and that the assets under management (AUM) for its retirement business have already surpassed Rs100 crore.

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