Page 73 - Ipo News Today

GPT Healthcare IPO: The price band for the IPO, which will close for subscription on February 26, 2024, has been fixed at Rs 177-186 per share

What makes this IPO interesting is that eastern India has the lowest concentration of medical specialists among all the regions in India. Further, the company‘s key market, Kolkata, has the lowest bed density across Tier 1 cities.

BanyanTree Growth Capital II LLC, a Mauritius-based private equity fund, will be divesting its entire shareholding of over 2.60 crore equity shares, representing 32.64 percent of the paid-up equity.

Mumbai-based stabiliser manufacturer Platinum Industries Ltd has set a price band of ₹162-171 per share for its ₹235 crore initial public offering (IPO). The issue will open for subscription on February 27 and close on February 29.

Bharat Highways Invit has priced the IPO in the range of Rs 98-100 per unit with the issue opening on February 28. The infra-investment trust is offering units worth Rs 2,500 crore through the IPO. About 75% of the issue will be available for allocation on a proportionate basis to institutional investors, and 25% will be available for non-institutional investors.

Juniper Hotels IPO: The price band for the issue, which will close on February 23, has been fixed at Rs 342-360 a share

Thane, Feb 22 (PTI) A case has been registered against three persons for allegedly cheating a 51-year-old man from Navi Mumbai of Rs 1.19 crore after being promised high returns on investments, police said on Thursday.

Itcube Solutions: “We have our business only in India at present and the fastest way to grow was through an acquisition. This company has a lot of business in the KPO (Knowledge Process Outsourcing) and BPO (business process outsourcing) business with around 80 per cent coming from it and rest 20 per cent is from IT-enabled services segment,” said Akshay Chhabra, managing director, One Point One Solutions.

Reddit inked a licensing deal with Google that will make the social media site's content available for training the tech behemoth's artificial intelligence models, sources familiar with the matter revealed.

Reddit was valued at $10-billion in a funding round in 2021 and it is unclear what valuation the company will aim for during its share sale in the coming weeks