The company priced the IPO in the range of Rs 280-300 per share. Ahead of the issue launch, it has raised about Rs 288 crore from anchor investors.
Brent crude oil futures had increased by 6 cents to $90.98 per barrel, while WTI had increased by 11 cents to $89.34.
According to the statement, the state-owned insurer has been fined for breaking sections 271(1)(c) and 270A of the Income Tax Act of 1961.
Maruti will present its concerns to the Dispute Resolution Panel.
The notification was issued by the authority's Pune office and referred to the failure to pay GST.
Asian equities were trading under pressure in Wednesday’s morning session.
Here are some of the stocks that may see significant price movement today.
Valiant Laboratories' IPO, which had a price band of Rs 133-140 per share, is entirely a fresh issue.
The price band for the offer is set at Rs 51-54 per share.
The Nifty was trading at Rs 19,522 which is a 0.59% decline from the previous close.

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