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Fedbank Financial Services has reserved Rs 10 crore worth of shares for its employees who will get them at a discount of Rs 10 to the final offer price
Moving away from the initial noise, much of optimism around the company is due to cheap valuations when compared with listed peers such as KPIT, L&T Tech and Tata Elxsi.
Flair Writing Industries' IPO comprises a fresh issue of 96.05 lakh shares worth Rs 292 crore and an offer-for-sale of 99.01 lakh shares worth Rs 301 crore
Tata Technologies emerges as the leader in Indian IPOs, with 73.58 lakh applications, outshining industry giants.
We are first and foremost a professional services company and that's where we are primarily focused on investing & growing. In terms of industry focus, we think there is more than enough opportunity in automotive, aerospace, transport & construction heavy machinery. In automotive, farm, highway construction, and mining equipment (opportunity) is there."