Suzlon will install 370 S144 WTGs with a rated capacity of 3.15 MW each, generating enough electricity to power 30 lakh households.
The company has allocated a total of 68.75 lakh equity shares at ₹480, the upper end of the price band to anchor investors which aggregates the size to ₹330 crore.
The money raised from the fresh issuance will be used to prepay or repay borrowings of ₹163.5 crore, and fund capital expenditure of ₹151.7 crore for the purchase of commercial vehicles,
The plan to reduce the GST on these drugs aims to significantly reduce the overall cost of cancer treatment.
The IPO consists of a fresh issue of 1.47 Crore equity shares and an offer-for-sale (OFS) of 56.90 lakh equity shares by promoter Binod Kumar Agarwal.
According to the NSE, derivative contracts for these stocks have crossed the 95% MWPL threshold, leading to their placement in the exchange's ban period.
This expansion is designed to handle the increased cargo volume from the anchor customer, driven by a proposed 5 MTPA steel-making facility at Dolvi, Maharashtra.
Spot gold was unchanged at $2,504.98 per ounce. U.S. gold futures ticked up 0.1% to $2,533.70.
Brent futures rose 78 cents, or 1.1%, to $71.84 a barrel, while US West Texas Intermediate (WTI) crude rose $1.04, or 1.5%, to end at $68.71.
The dollar rose 0.1% to 143.30 yen, moving away from the one-month low of 141.75 reached on Friday.
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