Chennai-headquartered electronic manufacturing services firm Avalon Technologies has raised a little over INR 389 crore from anchor investors ahead of its initial share sale opening for public subscription. The company…
The initial share sale of Udayshivakumar Infra received 30.63 times subscription on the last day of the offer. Udayshivakumar Infra bids for roads, bridges, canals and industrial area construction projects in…
The initial public offering (IPO) of Global Surfaces was subscribed 3.85 times. The company processes natural stones and manufactures engineered quartz. It has two manufacturing facilities in Rajasthan.
Auto components manufacturer Divgi Torqtransfer Systems has attracted INR 185.45 crore via anchor book, ahead of its initial public offering (IPO). The company has allotted 31.43 lakh equity shares to 12 anchor…
The SME IPO of Pune-headquartered Macfos Ltd was oversubscribed 193.87 times with 268.45x bid seen in the retail category, 21.60 times in the qualified institutional buyers (QIBs) category, and 659.99 times in the…
Noida-based Minda Corporation has acquired a 15.7% stake in fellow publicly listed, Coimbatore-based auto component maker Pricol for INR 400 crore. Minda has reported the acquisition, via the open markets, as a "mere…
IDFC Ltd, the holding company of fellow publicly listed IDFC First Bank, will infuse INR 2,200 crore in the latter to increase its stake to 40% (up from the current 36.38%. The move is a precursor to the reverse merger…
Adani Enterprises has cancelled its Follow-On Public Offering (FPO) and will return money to investors amid ongoing controversy after the US-based short seller, Hindenburg Research, accused the company of using tax…
Adani Group's flagship firm Adani Enterprises Ltd has raised INR 5,985 crore from anchor investors ahead of its follow on public offering (FPO). The company has allotted 1,82,68,925 equity shares to 33 funds at INR…
Kolkata-based electronics retailer Eastern Logica Infoway has listed on the BSE SME exchange. Eastern Logica came out with an initial public offering of 7,53,000 equity shares of INR 10 each at a price of INR 225 per…