Agrawal, a science graduate from the University of Allahabad.
The IPO consists of a fresh equity issue of ₹1,000 crore and an offer for sale (OFS) of up to 47.69 lakh shares.
Weak earnings base FY23-24 and gradual recovery in Core T&D and civil EPC with healthy margins in FY25- 26
The Jana Small Finance Bank IPO, which opened for bidding on February 7 and will close on February 9, aims to raise funds worth ₹570 Crore.
Agarwal, a former Deputy Managing Director at SBI, had served on the PPBL board since May 2021
The Board has also declared an interim dividend of ₹4 Per Share.
The company's revenue from operations experienced robust growth, increasing by 34.4% to ₹3,953.7 Crore compared to the previous year
The IPO has a price band of ₹445-468 per share
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