The automotive company aims to raise Rs 834 crore through the issuance of 29,571,390 fresh shares.
With a presence in 14 states, Adani Energy Solutions is the country's largest private transmission provider.
The Protean eGov Technologies IPO opened for subscription on the designated date and will remain open until Wednesday, November 8
All workers must be present at their allocated office location for at least three days each week beginning November 15.
Recommendation: Buy; Target Price: Rs 1800
Muted performance is expected from the company.
The company stated in a regulatory filing today that it may offer a discount of up to 5% on the floor price.
Compared to the same period last year, when revenue from operations was Rs 1,231 crore, it rose 22% to Rs 1,507 crore in the July-September quarter.
In an interview with ET, Damodar Mall, the CEO of Reliance Retail (value format), stated that feeder markets, or small towns, are where the consumer growth narrative is most compelling.
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