News Overview

The IPO consists of a fresh issue of 25.59 lakh equity shares totalling Rs 135.34 crore and an offer for sale (OFS) of 6.16 lakh shares.

The IPO will follow the book-building process, with 75% of the issue available to institutional investors and 25% to non-institutional investors.

The IPO consists of a fresh issue of 2.87 Crore shares, aggregating ₹1,291.40 Crore, and an offer for sale (OFS) of 3.42 Crore shares, totaling ₹1,539 Crore.

Top Nifty gainers included SBI Life Insurance, Maruti Suzuki, Bajaj Finserv, Shriram Finance, and HDFC Life.

In FY24, Paramount TPA collected ₹3,866 Crore in premiums from the group and retail divisions, resulting in a revenue of ₹153 Crore.

The transaction's formal buyers and sellers have yet to be determined. The corporation will hold its annual general meeting on September 5, 2024.

Irrespective of the high tax demand, the business said that it does not anticipate any substantial financial ramifications at this time.

The hotel will have 80 rooms, a restaurant, a rooftop lounge bar, a swimming pool, a fitness facility, banquet spaces and other common facilities.

Last week, 2.9% of Tata Technologies' equity traded at an average price of ₹1,019.8 per share, aggregating to ₹1,218.5 Crore.

On the Sensex, notable gainers include Larsen & Toubro, Maruti Suzuki, Bajaj Finserv, and ICICI Bank.