· Issue was oversubscribed and raised INR 240.14 crore*** · Retail category oversubscribed 2.27 times with a total collection of ~INR 181 crores from 10,647 applications*** Chennai, January 5th, 2021: Edelweiss Financial Services Limited (EFSL), the parent arm of the Edelweiss Group, today announced that its public issue of Secured Redeemable Non-Convertible Debentures (NCDs) has been oversubscribed. The issue […]
Chennai, 3st January, 2020: NMDC, the country’s largest Iron Ore producer, and a Navratna Company, continued the impressive performance run in the month of December 2020 also. This is the 5th month in 2020, when production and sales showed an uptick when compared to the CPLY. Iron ore production for the month of December 2020 is 3.86 […]
Chennai, December 24, 2020: speciality chemicals company has filed its DRHP with the regulators to raise an aggregate of Rs. 760 Crs. The issue proceeds would be used mainly for repayment of debt. As stated in the DRHP, the company may consider an employee discount for eligible employees bidding for the employee reservation portion. The company […]
Chennai 21, December: SVP Global Venture Ltd inherent and unique strength is its latest and most advanced and cost efficient manufacturing facilities, strategically located between India and Oman on the global textile trade route. Owing to its 100+ years legacy in the textile trade, the company has an established and efficient raw material procurement system […]
Chennai, December 16, 2020: Laxmi Organics, a leading manufacturer of Acetyl Intermediates and Specialty Intermediates and the largest manufacturer and exporter of ethyl acetate from India as per the Frost & Sullivan Report, has filed its DRHP to raise approximately 800 cr. The IPO is a fresh issuance aggregating to Rs 500 cr and an Offer for sale of […]
Chennai, December 1, 2020: Vikram Solar Ltd, one of India’s leading module manufacturers and a prominent EPC & rooftop solar solutions provider has been recognized with 5 awards at the ‘PV ModuleTech India 2020 Awards’. The award, organized by Solar Quarter Magazine recognizes and celebrates exceptional talent and achievements in the Solar PV Module market. Companies […]
Co-lending lowers the cost of capital and opens new markets by enabling new loans at finer rates Technology to enable seamless integration with multiple partner banks Easily scalable model to facilitate rapid business expansion and effective risk management Chennai, India. November 10, 2020— Nucleus Software, the leading provider of lending and transaction banking solutions, […]
Chennai: Manappuram Finance Ltd. reported a consolidated net profit of ₹ 405.44 crore. Profit is higher by 10.2 per cent in comparison to ₹ 367.97 crore reported in the preceding quarter. Net profit for the standalone entity (which excludes subsidiaries) is reported at ₹ 405.56 crore, an increase of 20.6% in comparison to Rs.336.17 crore reported […]
Despite Covid challenges & Heavy Monsoon Chennai, 4th November, 2020: NMDC, the country’s largest Iron Ore producing Navratna Company’s performance during the month of October 2020 has been able to match almost both in production and sales over CPLY. Iron ore production for the month of October 2020 is 2.43 MT (Million Tonnes) against production of 2.49 […]
Chennai, 21th October 2020: The Government of Odisha has selected the Federation of Indian Chambers of Commerce & Industry (FICCI) as the National Industry Partner for the 3rd edition of ‘Make in Odisha’, the flagship event of government of Odisha which showcases the state as an industrial power house and a preferred investment destination in […]
