Gandhar Oil shares list at 74.79% premium over IPO price; Fedfina fails to enthuse investors
Shares of Fedfina list below the upper price band at a discount of 1.61% at ₹137.75 apiece
Shares of Fedfina list below the upper price band at a discount of 1.61% at ₹137.75 apiece
The ₹1,092 crore IPO of Fedbank Financial Services will open for subscription on November 22.
Another crucial IPO of Gandhar Oil Refinery also opens on November 22; price band fixed at ₹160-₹169 per equity share
RBI fines SBI with a penalty worth ₹1.30 cr for violations in ‘Loans and Advances’ and ‘Intra-Group Transactions’ rules
The IPO of FedFina consists of a fresh issue of equity shares worth ₹750 crore and OFS of up to 7.03 crore shares by Federal Bank and True North Fund VI LLP.