Cholamandalam Investment launches QIP at ₹1,200.51 per share; stock falls 1%
Cholamandalam Investment shares opened 2% higher at ₹1,245, but soon lost momentum and dropped over 1% to hit a low of ₹1202.90 on the BSE.
Cholamandalam Investment shares opened 2% higher at ₹1,245, but soon lost momentum and dropped over 1% to hit a low of ₹1202.90 on the BSE.
The telecom operator had issued $1 billion 1.5% foreign currency convertible bonds (FCCBs) in January 2020, due in 2025.
The IPO comprises of a fresh issue of ₹400 crore and an offer for sale (OFS) of equity shares worth up to ₹100 crore by promoters.
Ambuja Cements has allotted 47.74 crore warrants of the face value of ₹2 each at a price band of ₹418.87 to the Adani family firm Harmonia Trade and Investment
Diagnostics company Metropolis Healthcare has filed an offer document with SEBI for an IPO.