According to various reports, as many as 28 companies have already received a green signal from Sebi to launch their offers, aimed at raising over Rs 30,000 crore. Meanwhile, 36 other companies have submitted their draft IPO papers and are awaiting the regulator s approval.
In a heartbreaking twist of events, a young woman took her own life upon learning of her husband s supposed demise at the Hi-Tech Hospital in Odisha due to an AC blast. However, officials from the hospital revealed on Friday that the man, initially believed to have perished from burn injuries, was discovered to be alive and receiving treatment. The tragic misunderstanding led to the untimely death of the grieving wife.
According to the ED, as per the evidence collected, about 25.55% of total wheat flour required to be delivered to PDS distributors was siphoned off. During the investigation, proceeds of crime in the form of 101 immovable properties and ₹2.89 crore in the bank accounts were provisionally attached on December 12, the statement said. Former state food & supplies minister Jyoti Priya Mallick and a local businessman, Bakibur Rahaman, were arrested under the Prevention of Money Laundering Act and were currently in judicial custody, it said.
Jyoti CNC Automation IPO will open for subscription on January 9. The IPO is worth up to Rs 1,000 crore and will be the first mainboard issue of the year. Investors can subscribe to a minimum of 45 shares in one lot and its multiples thereafter. The company is offering a discount of Rs 15 per equity share to eligible employees under the employee reservation portion.
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