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The IPOs next week include Tata Technologies, the first Tata Group firm to go public almost 20 years, and Indian Renewable Energy Development Agency, the first government offering since LIC in May 2022
The biggest among the five is Tata Technologies Ltd, which plans to raise Rs 3,040 crore through an initial public offering of shares. The second on the list is Mini Ratna company Indian Renewable Energy Development Agency Ltd, and the government is looking at raising Rs 2,150 crore through this public offer.
IREDA IPO is the first by a government-run company since LIC hit the market in May last year
Indian Renewable Energy Development Agency (IREDA), a Mini Ratna (Category – I) Government of India enterprise under the administrative control of Ministry of New and Renewable Energy, has launched a Corporate Social Responsibility (CSR) portal for enhancing transparency in its CSR initiatives. The portal will facilitate transparency in receipt and disposal of CSR requests from various…
RailTel Corp share price: The stock soared 11.47 per cent to hit a day high of Rs 243.45. At this price, the stock was trading 4.53 per cent lower from its 52-week high of Rs 255, a level seen on September 11, 2023. That said, it has given multibagger returns, rallying 153.07 per cent from its one-year low price of Rs 96.20, hit on March 28 this year.