The IPO comprises fresh issue of equity shares worth up to Rs 125 crore and an OFS of up to 12,878,389 equity shares
The IPO comprises fresh issuance of equity shares worth Rs 300 crore and an OFS of 89.22 lakh equity shares by promoter and existing shareholders
The measures will reduce the systematic risks associated with the movement of securities from the demat account to clearing corporation account
Positive domestic macroeconomic data, strong global cues, robust Q1FY22 earnings and IPO refunds drove sentiments
Sensex surged 593 points or 1.08% to settled at a record peak of 55,437. Nifty 50 jumped 164 points or 1.01% to end at 16,529.
M&M, HDFC, ICICI Bank, L&T and ITC were the top gainers. While PowerGrid, Tata Steel, Tech Mahindra, Sun Pharma and Dr Reddy's were the laggards.
DIPAM has invited bids from merchant bankers and legal advisors for working on the proposed IPO
The market breadth was positive as 2,359 shares advanced on the BSE, while 844 declined and 123 remained unchanged
Sensex rose 117 points or 0.21% to 54,643 at open, while the Nifty 50 index added 29 points or 0.18% at 16,311
In early deals, Sensex rose 106 points or 0.20% to 54,661 whereas the Nifty 50 was trading at 16,313 higher by 33 points or 0.21%