According to BSE data, bids were received for 40,83,95,659 shares in the ₹740-crore initial share sale, whereas 4,37,69,494 shares were offered.
Suzlon will provide the wind turbines and carry out the project in the Rajasthani district of Fatehgarh
Gangwal sold a 5.8% share in the budget airline in March 2024, lowering his holding to approximately 5.8% at the conclusion of the quarter.
The coupon/interest rate offered is 8.35% per annum.
Following this share transaction, the selling shareholder will have a 60-day lock-up for future sales, subject to certain exclusions.
Asian markets were mixed ahead of inflation data from China and India.
Market breadth showed 2,246 shares advancing, 1,118 shares declining, and 86 shares remaining unchanged.
Among sectors, selling was seen in banking, FMCG, healthcare, and metal stocks
The company raised ₹2,075 Crore from its promoters by issuing preferential shares. The company successfully raised ₹20,000 Crore, so far.
Arisetty was instrumental in founding Aurm, a business that collaborates with banks and property developers to offer clients safe-deposit vaults.
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