All of the qualified institutional buyers (QIBs) sector and 69% of the non-institutional investors (NIIs) segment are booked.
The Memorandum of Understanding primarily pertains to designing as well as delivering critical equipment for jack-up rigs customized for the Indian market.
Revenue from operations grew 8% YoY to ₹4,700 crore from ₹4,352 crore for the corresponding quarter of FY2023.
Total value of the project is estimated at ₹1,110 crore and completion will take 1.5 years.
As announced by CM N. Chandrababu Naidu, it is likely to generate 106,000 jobs and bring ₹20,620 crore worth of financial benefits over 25 years.
As of 3:36 pm, The retail Investors portion was subscribed 1.62 times, the NII portion was subscribed 2.01 times and the QIB portion was subscribed 1.78 times.
Here are some of the stocks that may see significant price movement today: Adani Group Stocks, Zomato, HDFC Life Insurance Company, etc.
The Zinka Logistics Solution IPO price range has been set at ₹259 to ₹273 per equity share.
The revised order puts more focus on the commitment of RITES to further Indian railway electrification projects.
Asian markets also traded higher this morning as investors geared up for key economic data this week.

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