According to National Stock Exchange (NSE) data, the IPO received 1.05 times subscription till 1:36 pm. The company received bids for a total of 1,18,12,438 shares, while 1,12,23,759 shares were available in the offer.
India’s leading power generation company NTPC Green Energy filed draft papers for a 100 billion rupees ($1.19 billion) initial public offering. Read further on Dynamite News:
Shares of Delta Corp soared sharply on Friday after the company’s subsidiary Deltatech Gaming filed a draft red herring prospectus (DRHP) with the Indian capital markets regulator the Securities and Exchange Board of India for IPO. Read more on Dynamite News:
“The main aim is to ensure that the public can validate the functioning of these companies. Furthermore, it will also enable them to borrow capital from the market and ensure listing on the exchange,” Gupta said.
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