News Overview

In order to collect roughly ₹840 crore in the primary market, the offer went live for public subscription on December 19.

According to DRHP, the IPO proceeds will be used for capital expenses, including civil construction and interior upgrades at the Viman Nagar office.

Brent crude prices dropped 1 cent to $73.25 a barrel. At $69.60, U.S. West Texas Intermediate crude was down 2 cents from its closing price on Thursday.

Funds from the fresh issue will be used for working capital, capital expenditure, and general corporate purposes.

Funds from the fresh issue will support a greenfield project in the UAE, a brownfield expansion in Vasai, debt repayment, and working capital requirements.

The yen was trading at 157.725 per dollar, up 0.1% from Thursday but still near the session's low of 158.09 per dollar, which was the yen's lowest since July 17.

Spot gold was steady at $2,632.79 an ounce. Bullion has up by 0.45% this week. At $2,653.00, U.S. gold futures were essentially unchanged.

The contract is for the development of 225 MW AC (alternating current), equivalent to 276 MW DC (direct current), grid-connected solar installations.

Sintilimab is marketed in China as TYVYT (sintilimab injectable) and was co-developed by Innovent and Eli Lilly.

An earnest money deposit (EMD) of 5% of the reserve price is required along with the expression of interest.