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Stove Kraft IPO s grey market premium rises 26%, share sale next week

Stove Kraft IPO s grey market premium rises 26%, share sale next week The Rs 412.62 crore IPO, that closes on January 28 comprises fresh issue of shares worth Rs 95 crore and an offer-for-sale (OFS) of up to 82.50 lakh equity shares BusinessToday.In | January 22, 2021 | Updated 16:23 IST Anchor investors portion will open for subscription today, January 22, 2021 The fourth public issue of the calendar year 2021, Stove Kraft initial public offer (IPO) is set to open for subscription on January 25. Price band has been fixed at Rs 384-385 per share. The Rs 412.62 crore IPO, that closes on January 28 comprises fresh issue of shares worth Rs 95 crore and an offer-for-sale (OFS) of up to 82.50 lakh equity shares. Anchor investors portion will open for subscription today, January 22, 2021.

Fuel price hike: Petrol, diesel prices reach all-time high in Delhi

Petrol crosses Rs 92 mark in Mumbai, diesel at all-time high; check prices in other Metro cities

Petrol price on Friday (January 22) crossed Rs 92 a litre mark in Mumbai, while diesel touched an all-time high after rates were raised for the third time this week. Petrol and diesel prices were hiked by 25 paise per litre each, according to a price notification from oil marketing companies. This took the petrol price in Delhi to Rs 85.45 per litre and Rs 92.04 in Mumbai.

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