The book-built issue has been priced in the range of Rs 102-108 per share.
The company is using AI and analytics through ‘AmaZing’, Smile Stores and e-b2b portal ‘Dentist First’ to drive growth. With Ebitda margin exceeding 30%, analysts of IIFL Capital Services believe that the focus to be more on the top-line growth to drive profits.
Analysts of IIFL Capital Services see FY24 distribution to be flat YoY, with rental income increases being offset by higher interest outflow.
The combined pending amount to be settled by September exceeds Rs 2,400 crore.
The start date for subscription to the public issue was not specified in the company's regulatory filing.
Investors with very high risk appetite and want to invest for 5 to 7 years in tech, media and telecom sector should invest in quant Teck Fund.
The company argued that, because the shareholders' permission was obtained in compliance with applicable regulations, the imposition of a fine by BSE and NSE is unlawful.
Currently, a sizeable amount of e-waste is shipped to other countries due to the absence of efficient metal extraction and refining technology domestically.
Vedanta has invited bids from potential users for the sale of 0.6 million standard cubic meters per day of gas
The final issue price was established at Rs 197 per share, resulting in a market capitalization of Rs 8,746 crore based on the issue price.

IIFL Customer Care Number
(Gold/NCD/NBFC/Insurance/NPS)
1860-267-3000 / 7039-050-000
IIFL Capital Services Support WhatsApp Number
+91 9892691696
IIFL Capital Services Limited - Stock Broker SEBI Regn. No: INZ000164132, PMS SEBI Regn. No: INP000002213,IA SEBI Regn. No: INA000000623, SEBI RA Regn. No: INH000000248, DP SEBI Reg. No. IN-DP-185-2016, BSE Enlistment Number (RA): 5016
ARN NO : 47791 (AMFI Registered Mutual Fund Distributor)

This Certificate Demonstrates That IIFL As An Organization Has Defined And Put In Place Best-Practice Information Security Processes.