
RR Kabel’s ₹1,964 cr IPO to open on Sept 13; price band fixed at ₹983-1,035 per share
The IPO comprises fresh issue of equity shares worth ₹180 crore and an OFS of 1.72 crore equity shares worth ₹1,784 crore by TPG and promoters.
The IPO comprises fresh issue of equity shares worth ₹180 crore and an OFS of 1.72 crore equity shares worth ₹1,784 crore by TPG and promoters.
The quota reserved for employees was booked 6.6 times, while retail and NIIs portions were subscribed 3 times and 3.6 times, respectively. The QIB portion was subscribed by 0.03 times.
The quota reserved for QIBs was booked nearly 125 times, while the non-institutional investors (NIIs) category was subscribed 81.6 times.
Auditor resignation brings more bad news for the edtech start-up.
The jewellery retailer’s IPO comprises fresh issue of equity shares worth ₹270 crore and an offer for sale of shares worth ₹135 crore by an existing shareholder.
The stock listed at ₹171 on the BSE, a premium of 90% against the IPO price of ₹90 on the BSE.
The portion reserved for QIBs was subscribed over 49 times, while quota for NIIs and retail investors were booked 3.8% times and 0.9 times, respectively.
These companies had filed preliminary IPO papers last year and the regulator issued observation letters on Apr 10, 2023.
The pharma company has raised ₹1,297.90 crore by allotting 1.2 crore equity shares at upper end of price band at ₹1,080 per share to 77 anchor investors.
The IPO of the pharma company will open for subscription on April 25 and close on April 27.