APML, APRL, UPCL, REL, REGL, and APMuL have now been merged into APL.
Ertiga model is leading the pack with an order backlog of around 94,000 units.
Financial creditors will recover 46% of their dues from Mercator through this acquisition.
Spot gold down 0.1% at $1,811.83 per ounce.
Global cues are expected to drive Indian equity markets this week.
At the end of January, credit card outstanding in India stood at Rs 1,86,783 crore.
The IPO comprises fresh issue of equity shares worth Rs 140 crore and an offer for sale of up to 77,58,620 equity shares.
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