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This comes after Hyundai Motor India Ltd gained license from financial markets regulator Sebi to conduct an initial public offering (IPO).

Equirus Capital Private Ltd and DAM Capital Advisors Ltd are serving as book-running lead managers for the IPO.

The momentum comes after inbound shipments climbed only 4.8% year on year to 305 tonnes in the first half of this year.

IDFC Bank and IDFC Capital First announced the completion of their merger in 2018 to form IDFC First Bank.

The offer price is set at ₹768, a 5% decrease from the closing price of ₹808. A 12-month lock-up term will apply to selling stockholders.

The organisation received the order from Sai Bandhan Infinium Pvt Ltd. According to the agreement, the project will be finished in stages by July 2025.

Sterling was unchanged at $1.33425. On Wednesday, it reached $1.3430 for the first time since February 2022.

The floor price for the sale is ₹433 per share, with the base issue consisting of 5.50% equity, corresponding to 1.08 Crore shares.

The stocks under F&O ban remain tradable in the cash market despite the restriction.

BMCC, founded in 2011, has a renewable exploitation permission for processing phosphate ore, and Coromandel purchased a 45% interest.