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IPO rush to continue, 4 companies looking to raise over Rs 3,600 cr this week
businesstoday.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstoday.in Daily Mail and Mail on Sunday newspapers.
Four IPOs to open next week: Devyani International, Krsnaa Diagnostics, Windlas Biotech, Exxaro Tiles
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Windlas Biotech IPO opens on Aug 4, price band fixed at Rs 448-460
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Synopsis
Windlas Biotech will raise Rs 165 crore through the issuance of fresh equity shares, while promoters and existing shareholders will offload 51,42,067 equity shares via an offer-for-sale (OFS).
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New Delhi: The initial public offering (IPO) of Windlas Biotech will hit the primary market on August 4. The price band for the same has been fixed at Rs 448-460 per share with a face value of Rs 5 each.
Dehradun-based Windlas Biotech is one of the top companies in the domestic pharmaceutical formulations contract development and manufacturing organization (CDMO) in India.
Windlas Biotech IPO to open on August 4; price band set at ₹448-460/share
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Arohan Financial Services, Dodla Dairy Get Sebi s Nod for IPO
The two companies filed their preliminary papers with Sebi on February 15 and obtained its observations on April 23
Arohan Financial Services, Dodla Dairy Get Sebi s Nod for IPO
PTI - 26 April 2021
Non-banking financial company Arohan Financial Services and Dodla Dairy, a leading dairy company in South India, have received capital markets regulator Sebi s go-ahead to float initial share-sales.
The two companies filed their preliminary papers with Sebi on February 15 and obtained its observations on April 23, an update with Sebi showed on Monday.
Sebi s observation is very necessary for any company to launch public issues like Initial Public Offer (IPO), follow-on public offer (FPO), and rights issue.