Namkeen maker Gopal Snacks files papers with SEBI to raise ₹650 crore via IPO
The IPO of Rajkot-based snacks maker is entirely an offer for sale of equity shares by promoters and other selling shareholders.
The IPO of Rajkot-based snacks maker is entirely an offer for sale of equity shares by promoters and other selling shareholders.
The company aims to empower women by ensuring that a majority of its loans have women as the first applicants, says MD & CEO Rupinder Singh.
The IPO price band for ESAF SFB has been fixed at ₹57-60 per share, which will fetch ₹463 crore at the upper end of the issue price.
The ₹2,800-crore IPO of JSW Infrastructure is going to be Sajjan Jindal-led JSW Group’s first public issue in nearly 13 years, after JSW Energy in 2010.
The Varanasi-based small finance bank has set the price band at ₹23-25 per share and plans to raise ₹500 crore at the upper end of the issue price.
The company, a subsidiary of IT services firm Cyient, has decided to allot 97,98,113 equity shares to 20 anchor investors at a floor price of ₹265.
The stock listed at ₹171 on the BSE, a premium of 90% against the IPO price of ₹90 on the BSE.
The IPO received an overwhelming response from retail and non-institutional investors as quota reserved for them were booked 169.94 times and .94 times, respectively.
The IPO of the pharma company will open for subscription on April 25 and close on April 27.
Ahead of the initial share sale, the company has raised ₹389 crore from anchor investors by allocating 89.27 lakh equity shares to 24 funds at ₹436 apiece.