Timken Singapore Pte, promoter of Timken India, has divested a 10.1% stake in the listed firm for INR 2,362 crore through an open market transaction. Post the transaction, Timken Singapore's shareholding in the India…
Agra-headquartered HMA Agro Industries has attracted INR 144 crore from anchor investors ahead of its initial public offering (IPO). The company, which exports frozen buffalo meat products, has allocated 24.61 lakh…
Mumbai-based drone manufacturing company IdeaForge Technology has raised INR 60 crore, at a valuation of around INR 2,500 crore. The round saw participation from institutional investors, including Tata AIG General…
Investors, including Ashish Kacholia, Jagdish Master, have picked up stakes in Mumbai-based Aeroflex Industries ahead of its initial public offering (IPO). Aeroflex had filed its draft papers with the capital markets…
State-owned Bank of Maharashtra has raised INR 1,000 crore at INR 28.50 per equity share in a qualified institutional placement (QIP). The price was at a 4.94% discount to the floor price of INR 29.94 per share. The…
The initial share sale of IKIO Lighting was subscribed 67 times. The QIB part was subscribed 165 times and the NII (non-institutional investor) part was subscribed 65.38 times. The retail investors portion was…
The INR 24.8 crore public offer of Mumbai-based Hemant Surgicals received 139 times subscription at close. While the NII (non-institutional investor) part was subscribed 203 times, the retail investors category was…
Noida-based LED lighting solution provider IKIO Lighting Ltd has mobilised INR 182 crore from anchor investors ahead of its initial share. The company has allotted 63.84 lakh equity shares to 16 funds at INR 285…
Krishca Strapping, a Chennai-headquartered manufacturer of high-tensile steel straps, seals, and tools, has raised around INR 18 crore through the IPO, which was subscribed 244.92 times. The firm's scrip listed at a…
Private equity firm Arpwood-backed SBFC Finance, a Mumbai-headquartered non-bank lender, has raised INR 150 crore from Singapore-based Amansa Capital through a pre-IPO (initial public offering) placement. SBFC allotted…