Mumbai (Maharashtra) [India], March 5 (ANI/PRNewswire): Knowledge Marine & Engineering Works Limited ( Company ), engaged in the business of owning and operating of Marine Crafts for dredging along with repairs and maintenance/refits of Marine Crafts and Marine Infrastructure will be launching its initial public offering ( IPO or the Offer ) which is scheduled to open on Tuesday, March 09 and close on Friday March 12, 2021, with a fixed price band of Rs 37 per Equity Share of face value of Rs 10 each of the Company (the Equity Shares ).
Initial Public Offer of 27,36,000 equity shares of face value of Rs 10/- each (the Equity Shares ) of Knowledge Marine & Engineering Works Limited ( The company or KMEWL or The Issuer ) at an issue price of Rs 37 per Equity Share for cash, aggregating up to Rs 1012.32 Lakhs ( Public Issue ) out of which 1,44,000 equity shares of face value of Rs.10 each, at an Issue Price of Rs 37 per Equity Share for cash, aggregating Rs 53.28 Lakhs will
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ReNew Power, India’s leading renewable energy company, to publicly list through business combination with RMG Acquisition Corporation II in $8 billion transaction 26th February 2021
ANTARA/Business Wire
• ReNew Power, India’s leading renewable energy company, has entered into a definitive business combination agreement with RMG Acquisition Corporation II (“RMG II”); upon closing, the combined entity is expected to be listed on the NASDAQ under the new ticker symbol “RNW”
• Pro forma consolidated & fully diluted enterprise value of approximately $8 billion; transaction expected to close in the second quarter of 2021, subject to customary closing conditions
• Total anticipated proceeds of $1.2 billion, comprised of $855 million, upsized, fully-committed private placement of common stock in ReNew Power (the “PIPE”) and $345 million of gross cash held in trust by RMG II, subject to redemptions; anticipated net primary proceeds of approximately $610 million t