Wednesday, May 8 2024 | Time 14:54 Hrs(IST)
image
Business EconomyPosted at: Apr 11 2024 9:49PM


Ramdevbaba Solvent Limited IPO opens on April 15

Nagpur, Apr 11 (UNI) Nagpur headquartered Ramdevbaba Solvent Limited - a manufacturer and distributor of physically refined Rice Bran Oil - on Thursday announced plans to go public with an Initial Public Offering on April 15.
The company aims to raise Rs 50.27 crores at the upper price band through this IPO, with shares set to be listed on the NSE Emerge.
The issue size is Up to 59,13,600 equity shares at a face value of ₹ 10 each, according to a press release.
The net proceeds from the IPO will be utilised to Set up new manufacturing facility, repayment in full or in part, certain outstanding borrowings, funding the working capital requirements and general corporate expenses.
The bidding for the anchor portion will open on April 12. The issue will open on April 15 and close on April 18, , said the release.
The Book Running Lead Manager to the Issue is Choice Capital Advisors Private Limited. The Registrar to the Issue is Bigshare Services Private Limited, the release added. UNI SP SSP.
Please log in to get detailed story.
Tags: #Ramdevbaba Solvent Limited IPO opens on April 15
More News
Toyota logs record net profit in fiscal 2023

Toyota logs record net profit in fiscal 2023

08 May 2024 | 1:03 PM

Tokyo, May 8 (UNI) Toyota Motor Corp. said Wednesday it saw a record net profit of 4.94 trillion yen (31.82 billion U.S. dollars) for the fiscal year of 2023, citing robust demand and the yen's depreciation.

see more..
Rupee rises against USD

Rupee rises against USD

08 May 2024 | 11:17 AM

Mumbai, May 8 (UNI) The Rupee on Wednesday rose marginally by one paisa at 83.50
against USD in opening session on selling of US Dollar by bankers and exporters, dealers at the Foreign Exchange said.

see more..
Sensex drops over 300 pts

Sensex drops over 300 pts

08 May 2024 | 11:17 AM

Mumbai, May 8 (UNI) The BSE Sensex on Wednesday lost another 365 pts at 73,145 in opening session as renewed selling was seen in FMCG, Health Care and Industrials stocks.

see more..

07 May 2024 | 9:08 PM

New Delhi, May 7 (UNI) Leading pharma company Dr Reddy’s Laboratories on Tuesday announced 36 per cent jump in net profit at Rs 1307 crore during fourth quarter (January-March) of financial year 2023-24 compared to Rs 959.2 crore in the same quarter in 2022-23.

see more..

YES BANK, global co EBANX announce partnership for payment processing in India

07 May 2024 | 7:16 PM

New Delhi, May 7 (UNI) India's private sector bank YES BANK, and EBANX, a global fintech company specialised in payment solutions for emerging markets, on Tuesday announced a strategic partnership for payment processing in India, for the global digital economy.

see more..
image