The IPO will consist a fresh issue of Rs 575 crore and an offer-for-sale of up to 4.05 million shares by existing shareholders and promoters.
The IPO will consist of a fresh issuance of shares valued at Rs 77 crore and an offer for sale (OFS) of 32.5 lakh shares by the company's promoter and investors.
It was another tepid week for start-ups with funding sharply lower week on week.
The International Finance Corporation's (IFC) increasing stake in the bank is expected to boost the solar and renewable portfolio.
Recommendation: Buy; target price: Rs 1195
Investors with very high risk appetite and want to invest for 5 to 7 years in manufacturing companies should invest in quant Manufacturing Fund.
The company has fixed IPO price band in the range between Rs 705 to Rs 741 per share.
DGCA also instructed the company to amend their documents and procedures in accordance with DGCA requirements.
Rupee falls 7 paise to close at 82.25 (provisional) against US dollar.
The matter has now been directed to an arbitration process, and both parties agreed to appoint a sole arbitrator.
IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
Download The App Now
Follow us on
2026, IIFL Capital Services Ltd. All Rights Reserved
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132 (Member ID - NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249), DP SEBI Reg. No. IN-DP-185-2016, PMS SEBI Regn. No: INP000002213, IA SEBI Regn. No: INA000000623, Merchant Banker SEBI Regn. No. INM000010940, RA SEBI Regn. No: INH000000248, BSE Enlistment Number (RA): 5016, AMFI-Registered Mutual Fund Distributor & SIF Distributor
ARN NO : 47791 (Date of initial registration – 17/02/2007; Current validity of ARN – 08/02/2027), PFRDA Reg. No. PoP 20092018, IRDAI Corporate Agent (Composite) : CA1099
This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.
