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Infosys, the second largest domestic IT firm by revenues, is seen leading the Q2 revenue growth. TCS, the largest IT firm in terms of sales, may report the highest margin expansion among the three IT firms, analysts said.
The amount raised is 32 per cent lower than Rs 51,979 crore raised through 25 IPOs in the corresponding period of 2021-22.
Electronics Mart IPO: Electronics Mart expects to raise around Rs 500 crore through the fresh issue with a face value of Rs 10 each. As on August 31, 2022, it had 112 stores across 36 cities, out of which, 100 stores are multi-brand outlets (MBO) and 12 stores are exclusive brand outlets.
The initial public offer (IPO) of consumer durable and electronics retailer Electronics Mart India will open on October 4. The firm plans to raise Rs 500 crore through the issue. The IPO will close on October 7. The shares will be allotted on October 12 and initiation of refunds will be carried out on next day.
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