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The project is expected to start operations before June 2025, which will be a huge leap in the expansion of renewable energy.

Funds from the fresh issue will support a greenfield project in the UAE, a brownfield expansion in Vasai, debt repayment, and working capital requirements.

In contrast, the losers, on the other hand, had names like Hindalco, ONGC, Coal India, SBI, Bharat Elec, Tata Steel, Shriram Finance, HDFC Life, Hero MotoCorp, HCL tech, BPCL, Larsen, and Adani ports.

Funds from the fresh issue will be used for working capital, capital expenditure, and general corporate purposes.

While the allotment for Qualified Institutional Buyers (QIBs) was subscribed to 235.88 times

This purchase order, received from an international client, does not fall under related party transactions as defined by the Companies Act, 2013.

According to DRHP, the IPO proceeds will be used for capital expenses, including civil construction and interior upgrades at the Viman Nagar office.

In order to collect roughly ₹840 crore in the primary market, the offer went live for public subscription on December 19.

Brent crude prices dropped 1 cent to $73.25 a barrel. At $69.60, U.S. West Texas Intermediate crude was down 2 cents from its closing price on Thursday.

It was reported that several of Star Cement's promoters and promoter group businesses have approached the company with plans to sell their ownership stakes.