The company the total issue size to Rs 257 crore from Rs 388 crore, as the IPO was subscribed only 0.53 times.
This partnership is part of HPCL's strategy to expand into the renewable energy sector.
The company is raising Rs 200 crore from the issue at a price of Rs 1000 each. Investors need to apply for a minimum of 10 NCDs in a lot.
Here are some stocks that may show significant price movement today.
The rating on the short-term debt/ commercial paper programme of the company has been reaffirmed at ‘IND A1+’.
This comes less than two months after the merger of the two entities.
On NSE, the FMCG index skyrocketed over 560 points. While the Financial Services and Media index dipped marginally.
Indian equity markets may see a day in Green today
Loans sold in the year totalled Rs35,937 crore.
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