The IPO aims to raise ₹169.65 Crore through a fresh issue of 14,750,000 shares and an offer for sale of 5,690,000 shares, each with a face value of ₹10.
Yunus' government has criticised the costly infrastructure agreements signed by Hasina, particularly the problematic agreement with Adani.
As employment data confirms rate cut in September, Fed will look at more data points for hard landing risks
The IPO comprises a fresh issue of equity shares worth ₹250 crore and an offer-for-sale (OFS) of up to ₹250 crore by promoters.
The US jobs data opens the doors for a definite 25 bps rate cut; and a possible 50 bps rate cut in September
Tourism is booming in India and the Kotak Tourism Index Fund is the right opportunity to play the stock market side of the story
The selling pressure was largely concentrated on Friday, ahead of the critical US jobs data announcement
The price band for the ₹230-Crore IPO has been set at ₹215 - ₹226 per share.
In India, EVs had a 6.3% market share last year, up 50% from the previous year. Batteries account for roughly 40% of an EV's pricing.
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