The Rs 345-crore initial public offering (IPO) of Shankara Building Products was subscribed 41 times on the final day of the three-day offering. The IPO received 218.4 million bids, against 5.29 million shares on offer.
Four public sector undertakings — Indian Oil Corporation, Bharat Petroleum Corporation Ltd (BPCL), Hindustan Petroleum Corporation Ltd (HPCL) and Coal India — are paying an out-of-turn second interim dividend to help the government shore up
The Rs 1,840-crore initial public offering (IPO) of Avenue Supermarts, operator of D-Mart retail chain, has been the most successful offering since halving of the listing timeline. The IPO received around 1.8 million retail applications.
Neville Noronha, CEO & MD, Avenue Supermarts at the IPO press conference in Mumbai. Photo: Kamlesh PednekarThe Rs 1,870-crore initial public offering (IPO) of Avenue Supermarts was subscribed 1.38 times on Wednesday, the first day of the issue.
Reports say that whenever Rakesh Jhunjhunwala meets his mentor Radhakishan Damani, his favourite question is: “When are you listing your company?&" As Avenue Supermarts, the company which operates the supermarket chain D-Mart, opens
Avenue Supermarts will take subscriptions for its initial public offering of up to Rs 1,870 crore on March 8-10 with the listing likely to take place on March 21, the supermarket operator said in a filing released on Friday.
To tap upbeat investor sentiment, two small and medium enterprises (SMEs), Akash Infra Projects and RMC Switchgears, will come out with their initial public offerings (IPOs) next week to raise about Rs 30 crore.