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SME IPO: Tridhya Tech issue to open on June 30. 10 things to know about the offer

Tridhya Techs IPO, offering up to 62.8 lakh equity shares, will be open for public subscription from June 30 to July 5. The shares are priced at Rs 35-42 apiece with minimum bids of 3,000 shares per lot. Tridhya Tech provides software development services, including turnkey consultancy, to various industries like e-commerce and real estate. The net proceeds will go towards repaying secured and unsecured loans and other corporate expenses. Around half of the issue is reserved for qualified instit...
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IPO market buzzing as 7 issues set to hit the Street this week

Seven public issues, including three mainstream IPOs and four SME IPOs, are set to hit the Indian markets this week. IdeaForge will open its much-awaited IPO for subscription on June 26th, offering equity shares of up to INR 240 crore and an offer for sale of 48.6 lakh shares. Meanwhile, Cyient DLMs IPO, offering equity shares for Rs 250-265 a piece, will open on June 27th while PKH Ventures will bring in an initial offering of up to 1.82 crore shares on June 30th. The SME space will also see fo...
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Employees get cars as gift, IT company's surprise comes amid global layoffs

On one hand where huge tech companies like Google, Meta, Amazon and many others are slacking off employees and accused macro-economic factors for it. In the last one year, tech companies have laid off thousands of employees, where most excused themselves by saying that they over-hired during the pandemic year. On the other hand, an Indian tech company is giving expensive cars to employees who performed well.
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