
Avalon Tech sets price band at ₹415-436 per share for its ₹865 cr IPO
The ₹865 crore IPO of Avalon Technologies will open on April 3, which comprises fresh issue of equity shares worth ₹320 crore and an offer for sale aggregating up to ₹545 crore.
The ₹865 crore IPO of Avalon Technologies will open on April 3, which comprises fresh issue of equity shares worth ₹320 crore and an offer for sale aggregating up to ₹545 crore.
If Tata Technologies' public offer succeeds, it would be the first from Tata Group since TCS in 2004.
The company aims to raise up to ₹180 crore through issue of fresh equity shares and up to ₹232 crore via offer for sale by promoters and existing shareholders.
SEBI released a consultation paper regarding changes that can be incorporated into the ICDR regulations with the objective of increasing transparency among listed entities.
The TVS Group company has filed an addendum to its previously submitted DRHP with SEBI, including the financial information for FY22 and H1FY23.
Post listing, Elin Electronics shares declined as much as 3.2% to hit a low of ₹235.25, while it touched a high of ₹244.75 on the BSE.
The share price of Inox Green Energy Services, with a market cap of ₹1,298 crore, is down 28% from its IPO price of ₹65 apiece.
The highest number of IPO listings in November coincidentally aligns with strong rally in secondary market as the BSE Sensex and NSE Nifty touched their respective fresh all-time highs.
Sula Vineyards, Aban Holdings, and Landmark Cars will launch their IPOs this week. Besides, Uniparts India will make its market debut on December 12.
OYO Hotels' parent company Oravel Stays plans to launch its initial public offering (IPO) by early 2023.