Ruchi Soya Industries Ltd to raise funds through FPO equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.
FMCG company Ruchi Soya, which was taken over by Baba Ramdev s Patanjali Ayurveda under the Insolvency and Bankruptcy Code (IBC), plans to go ahead with a further public offering (FPO) in a bid to raise more funds.The move would also allow the .
Sansera Engineering files initial papers for IPO
June 10, 2021
Being an OFS, the company would not receive any proceeds from the IPO
Sansera Engineering Ltd, a Bengaluru-based manufacturer of critical components, has filed initial papers with market regulator for IPO.
TheIPO would be through a complete offer for sale (OFS) of 17.24 crore by existing investors Client Ebene, CVCIGP II Employees Ebene and certain promoters, according to the Draft Red Herring Prospectus (DRHP) filed with SEBI. Being an OFS, the company would not receive any proceeds from the IPO.
ICICI Securities, IIFL Securities, Nomura Financial Advisory and Securities (India) are the book running lead managers to the issue and Link Intime India is the registrar.
IPO-bound Zomato has named its Chief People Officer Akriti Chopra as a founder of the food delivery platform. In a mail to employees, founder and Chief Executive Deepinder Goyal said, “She’s mostly been behind the scenes all these years, working hard and building an impeccable finance team which keeps our engines running flawlessly. The quality of her work, her work ethic, and the insane ownership of the team she’s built, all shone very brightly (and continues to) over the last few months as we prepared ourselves our IPO.” This is not the first time Zomato has elevated an executive to the position of co-founder.