The bond issuance will have a base size of Rs 500 crore.
Aiming to raise Rs 351 crore through this IPO, the Mumbai-based firm has set the upper price band.
The BSE midcap and smallcap indices demonstrated a growth of 1% each.
The generated funds from the IPO will be allocated towards partial debt repayment, funding working capital needs, and addressing general corporate requirements.
Gulshan Khurana was addressing a panel at the fourth ETTelecom Digital Telco Summit - 2023, which was conducted in conjunction with the TRAI Centre of Studies and Research.
OTPP's stake in Mahindra Susten will continue into the InvIT
The rise followed a successful joint venture securing an urban project supported by Madhya Pradesh Jal Nigam.
The estimated timeline for the Engineering, Procurement, and Construction (EPC) phase is 12 months
The open offer will start on September 29 and conclude on October 13, as mentioned in an official document received by Sanghi Industries
The plan involves raising funds within a limit of Rs 5,000 crore by issuing equity shares through QIP
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