The company has completed the pre-IPO placement round and raised Rs 33.76 crore through it, leading to a reduction in fresh issue size in the upcoming maiden public issue.
In the current week, IPOs of three companies including Ratnaveer Precision Engineering, Jupiter Life Line Hospitals, and EMS Ltd, will open for subscription.
Dalal Street to see four listings in the week beginning September 4. An optimistic mood in the broader markets seems to be the key reason behind all the action in the IPO space
This 13-year old company does not want to become too big, lest it has to dilute margins. It plans to raise Rs 320 crore in the second week of September