Solex intends to raise new stock this fiscal year following its listing on the NSE main board, which will be used to support its Rs 1500-crore development plan.
The company's initial public offering includes a new issuance of 21,00,000 equity shares having a face value of Rs 10.
Rice stocks rise to 12% as the government lifts the restriction on non-basmati white rice.
The contract's principal scope involves the design and construction of an 8.48 km tunnel with a bored diameter of 3,500 mm.
FPIs infused a whopping $2.83 Billion into Indian equities in the last week of September 2024 on index rejig
The next week will be driven by key data points like the India CAD and the US unemployment numbers
The IPO, with a face value of Rs 1 per equity share, consists of a fresh issue of up to Rs 300 crore and an offer for sale of up to 69,568,204 equity shares
This will enable the NBFC to lend to customers in rural and non-metro areas of India for the purchase of electric two-wheelers.
The promoters own 82.15% of the company, with the remaining 17.85% held by public shareholders, including Value Quest Scale Fund.
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