News Overview

The company has allocated a total of 68.75 lakh equity shares at ₹480, the upper end of the price band to anchor investors which aggregates the size to ₹330 crore.

Here are some of the stocks that may see significant price movement today: PNB Housing Finance, GMR Airports Infrastructure, HG Infra, etc.

FIIs turned net buyers on September 9 after buying equities worth ₹1176 crore while DIIs bought equities of ₹1757 crore.

At the closing bell, the BSE Sensex rose by 375.61 points, or 0.46%, to settle at 81,559.54, while the NSE Nifty gained 84.20 points, or 0.34%, to finish at 24,936.40.

The project is based on an Engineering, Procurement, and Construction (EPC) reimbursable model, with the ceiling price set at ₹1,486,40,32,996.

The IPO, which included a fresh equity sale of 25.58 lakh shares and an offer for sale (OFS) of 6.16 lakh shares, garnered an amazing reaction from investors

Ather Energy was an exception to the general decline, experiencing a 7% increase in sales with 10,830 units sold in August.

For materials supply, which encompasses distribution transformers, cables, poles, and other components, 2,298 contracts valued at ₹3,921 Crore have been issued.

Non-Institutional Investors subscribed to 33% of their allotted segment while Retail segment of the IPO was subscribed 1.10 times.

The company is establishing advanced battery manufacturing facilities in both India and the UK.