The public issue comprises only a fresh issue, and there is no offer for sale portion.
Bank receives binding bids for two of its bad loan portfolios.
Several notable clients, including the West Central Railway (Kota Division), Central Organization for Railway Electrification (CORE), and Metro Railway, Kolkata, have awarded the company four orders for the electrification of railways, according to a statement published with stock exchanges.
The company has fixed a price band of Rs 33-35 per share and investors can bid for 428 shares and in multiples thereof.
Money raised likely to be invested in EV operations.
HDFC Life (+2.90%) is the top Nifty 50 gainer with 3% gain.
IPO will include both issuance of new shares and offer-for-sale shares.
Nifty Bank, Financial Services, Oil & Gas, and Media indices are each trading with about 1% gains.
The company announced in a statement that "Jio True 5G will now be offered across 41 additional cities in 16 states/union territories."
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