The approval covers both two-wheelers and three-wheelers, making Bajaj Auto the only company to get approval for all its requested products under the PLI scheme.
The scooter now features iGo assist technology, an intelligent start-stop system, and an integrated starter generator.
The ₹600.29 Crore IPO comprised a fresh issue of 22 lakh shares worth up to ₹200 Crore and an Offer For Sale (OFS) of 44 lakh shares valued at ₹400.29 Crore by the selling shareholders.
The collaboration aims to optimize costs through joint research and development, catering to the growing public transport sectors in India and Malaysia.
Among the top gainers in the Nifty are Grasim, Tata Consumer Products, Bharti Airtel, and Hero Motocorp.
Sector-wise, the power index fell by 1%, and sectors like pharma, oil & gas, auto, and IT ended marginally lower.
Investors can bid for a minimum of 72 equity shares and in multiples thereafter.
Indian Renewable Energy Dev Agency Ltd stock has gained a total of 331% in the last one year, and almost 147% since the beginning of the year.
Paytm is also seeking approval for the reappointment of Ravi Chandra Adusumalli, Elevation Capital's Founder and Co-Managing Partner.
Orient Technologies' IPO subscription status indicates a significant reaction from primary market investors.

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