The IPO encompasses a fresh issue of Rs 400 crore along with an offer for sale of up to 13.07 million shares from existing shareholders and promoters.
The company operates across 10 production facilities in India and one in Fujairah, United Arab Emirates, reflecting its strategic geographical reach
The firm's initial public offering (IPO) consists of two components: a fresh issue amounting to a total of Rs 215 crore and an offer for sale comprising up to 8,700,000 equity shares, which will be sold by existing shareholders.
Total income increased to Rs 7,810.50 crore in the April-June quarter of 2023-24.
Divi’s laboratories reports a net profit of Rs 356 crore
The partnership aims to transform Lexmark's enterprise applications, accelerate its cloud migration, and boost its innovation program
Recommendation: Buy; Target price: Rs 130
Recommendation: Buy; Target price: Rs 580
Recommendation: Add; Target price: Rs 700
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