The board has fixed the issue price at Rs 360 bearing a nominal value of Rs 10 each on a preferential basis after allottees pay 25 per cent of the issue price.
According to the filing, the company has obtained approval from its members for the sub-division of each equity shares.
India’s commercial real estate (CRE) market has really grown stronger with the increasing occupier interest. Additionally, the rise of small and medium real estate land developers and a segment of institutional capital have acted as catalysts for the sector.
The company informed exchanges that it has paid back Rs 30 million. The total amount of bank debt has now been reduced to Rs 843 million and the overall bank-debt to Rs 857 million.
Shares of Vinny Overseas have delivered a massive 475 per cent return in the past one year, resulting in wealth gain for investors.
Ramesh Kichadia, MD, Captain Polyplast, said that the management remains committed to strategy of growth and innovation and "look forward to continued success in the future".
With the latest order, the company’s order book stands revised to approx Rs 20,892 crore. This includes a construction order book of Rs 9,714 crore.
According to the terms of the offer, qualified institutional buyers (QIBs) are entitled to 50 per cent of the net offer, HNIs and NIIs to 15 per cent and retail investors to the remaining 35 per cent.
When a company announces a Rights Issue, it issues additional shares to the existing shareholders at a special price in proportion to their holding.
Avanta India, which is a part of UK-based Avanta Group, recently signed deals with IIFL and Kotak Group, offering them co-working spaces at its Connaught Place centre in the national capital.
The public issue comprises 2,328,000 equity shares. The company aims to raise Rs 23.74 crore, according to a circular uploaded on BSE's website.
Under the pact, Servotech Power will aim to create an organised and integrated EV charging infrastructure in the region.
The company has fixed the record date for determining the eligibility of shareholders for the split. The record date is February 22.
Established in 1982, Patron Exim operates primarily in the pharmaceutical, chemical industries and adjacent industries. The company manufactures and distributes surgical and non-surgical products, active pharmaceutical ingredients, drug intermediates and other products.
The company's net profit in the September quarter stood at Rs 3.33 crore. The net profit in the October-December quarter of FY22 was Rs 3.75 crore.
The price range for the offer has been set at Rs 96 to Rs 102 per share. The company's IPO comprises 2,328,000 equity shares with a face value of Rs 10.
BCL Industries' shares have yielded a negative return of 6 per cent in the last one year. The scrip has advanced nearly 15 per cent in the last 6 months. In the last two years, the counter has zoomed a whopping 250 per cent.
The company in the same quarter in the last financial year had reported a net loss of Rs 65 lakh, the company informed the exchanges.
The total income during the quarter under review rose to Rs 1,570 crore as against Rs 1,497.78 crore during the corresponding period last fiscal.
Zomato, India's leading food delivery app, reports losses and exits operations in 225 smaller cities. Despite setbacks, the company remains optimistic with its relaunch of Gold subscription and plans to hire 800 employees.
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