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MTAR IPO: Ex-Blackstone MD who made 1,400% on MTAR IPO says no plan to sell remaining shares


NEW DELHI: The MTAR Technologies IPO, which received a solid 200 times subscription in its just concluded IPO, is set to deliver a whopping 1,400 per cent, or 15 times, gains to former Blackstone Senior MD, Mathew Cyriac, who through his entities Fabmohur Advisors and Solidus Advisors had bought one-third of the company in 2017.
If one were to go by prevailing premium that the grey market is offering on the unlisted shares today, Cyriac s remaining post-IPO shares in the company would be enjoying a 2,744 per cent return on listing!
Fabmohur Advisors LLP along with Solidus Advisors held 88,60,570 shares prior to the IPO, which were 33.11 per cent of the total MTAR shares. The shares were bought at an average cost of Rs 38.44 per share, as per the red herring prospectus. The IPO had an OFS of 5,874,300 shares by Fabmohur Advisors. These shares were sold in the price band of Rs 574-575, suggesting 15 times gains, or 1,396 per cent return. ....

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Govt aims to operationalise 23 waterways by 2030: PM Modi


Govt aims to operationalise 23 waterways by 2030: PM Modi
ANI |
Updated: Mar 02, 2021 12:43 IST
New Delhi [India], March 2 (ANI): While observing that capacity of major Indian ports increased to 1550 million tonnes annually now from 870 million tonnes per annum in 2014, Prime Minister Narendra Modi on Tuesday said that the government aims to operationalise 23 waterways by 2030.
Our government is investing in waterways in a way that was never seen before. Domestic waterways are found to be cost effective and environment friendly way for transporting freight. We aim to operationalise 23 waterways by 2030, PM Modi said in his inaugural at Maritime India Summit 2021.
India has as many as 189 lighthouses across its vast coastline. We have drawn up a programme for developing tourism in the land adjacent to 78 lighthouses. The key objective of this initiative is to enhance development of the existing lighthouses and its surroun ....

New Delhi , Shipbuilding Financial Assistance Policy For Indian Shipyards , Ministry Of Ports , Sagar Manthan Mercantile Maritime Domain Awareness Centre , Prime Minister Narendra Modi , Maritime India Summit , Prime Minister , Shipbuilding Financial Assistance Policy , Indian Shipyards , Prime Minister Narendra , Maritime Domain Awareness Centre , Pm Modi , Maritime Summit , புதியது டெல்ஹி , கப்பல் கட்டும் நிதி உதவி பாலிஸீ க்கு இந்தியன் கப்பல் கட்டடங்கள் , அமைச்சகம் ஆஃப் போர்ட்ஸ் , சாகர் மந்தன் வணிக கடல் களம் விழிப்புணர்வு மையம் , ப்ரைம் அமைச்சர் நரேந்திர மோடி , கடல் இந்தியா உச்சிமாநாடு , ப்ரைம் அமைச்சர் , கப்பல் கட்டும் நிதி உதவி பாலிஸீ , இந்தியன் கப்பல் கட்டடங்கள் , ப்ரைம் அமைச்சர் நரேந்திர , கடல் களம் விழிப்புணர்வு மையம் , பீயெம் மோடி , கடல் உச்சிமாநாடு ,

Jameela Jamil mistaken for Priyanka Chopra as she gets asked about Nick Jonas's divorce


Jameela Jamil mistaken for Priyanka Chopra as she gets asked about Nick Jonas’s divorce
Entertainment
Jameela Jamil mistaken for Priyanka Chopra as she gets asked about Nick Jonas’s divorce 
Famed British TV star Jameela Jamil refuted divorce claims made by a fan on Twitter about Bollywood star Priyanka Chopra and singer Nick Jonas’s marriage.
Mistaking 
The Good Place actor with the
Quantico star, who is married to Jonas, the Twitter user asked whether she and the singer are still married.
Wait so did @nickjonas and @jameelajamil get divorced? asked the Twitter user.
Responding to that, Jamil said: A different Indian woman who doesn t look anything like me. I believe they are very happy together still.” ....

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Watch: Man mistaken for deer and shot by hunting buddy hopes to avert future tragedy


Watch: Man mistaken for deer and shot by hunting buddy hopes to avert future tragedy
25 Feb, 2021 04:01 AM
3 minutes to read
Ross shares his tragic hunting story where he accidentally shot by his long-time hunting partner in 2008. Video / New Zealand Police
Ross shares his tragic hunting story where he accidentally shot by his long-time hunting partner in 2008. Video / New Zealand Police
Ben Leahy is a reporter for the New Zealand HeraldBen.Leahy@nzherald.co.nz
A man mistaken for a red deer and shot on a hunting trip is now spearheading a police campaign aimed at ensuring all hunters come home alive. ....

Mike Mcilraith , Superintendent Mike Mcilraith ,