BofA, Aditya Birla MF buy shares worth Rs 42 crore in debutant Interarch Building Products via block deals

BofA, Aditya Birla MF buy shares worth Rs 42 crore in debutant Interarch Building Products via block deals

Bank of America (BofA) bought 1.3 lakh shares of Interarch Building Products on Monday via a block deal at a cost of Rs 16.74 crore. The stock made its debut on the exchanges today and against the issue price of Rs 900, BofA bought Interarch shares at a price of 1,287.75 per share which was … Read more

Sebi puts SK Finance’s Rs 2,200-cr IPO in abeyance

Sebi puts SK Finance’s Rs 2,200-cr IPO in abeyance

Capital markets regulator Sebi has kept in ‘abeyance’ the proposed initial share sale of vehicle finance and business loan-focused non-bank lender SK Finance. Without disclosing the reason, Securities and Exchange Board of India (Sebi) said “issuance of observations (has been) kept in abeyance” with regard to the IPO of SK Finance, an updated showed on … Read more

Deepak Builders & Engineers files draft papers with Sebi to raise funds via IPO

Deepak Builders & Engineers files draft papers with Sebi to raise funds via IPO

Engineering and construction company Deepak Builders & Engineers India Ltd has filed preliminary papers with capital markets regulator Sebi to raise funds through an initial public offering. This is the first company to file the draft papers with Sebi for floating a maiden public issue in the current financial year (2024-25). The initial public offering … Read more

JG Chemicals’ Rs 251-crore IPO to open on March 5

JG Chemicals’ Rs 251-crore IPO to open on March 5

Zinc oxide manufacturer JG Chemicals on Thursday fixed a price band of Rs 210-221 apiece for its Rs 251-crore Initial Public Offering (IPO). The initial share sale will open for public subscription during March 5-7 and the bidding for anchor investors will open for a day on March 4, the company said. The Rs 251.2-crore … Read more