Harsha Engineers IPO Day 1: Harsha Engineers has fixed the IPO price band at Rs 314-330 per share for the Rs 755 crore initial share offer. The precision bearing cage manufacturer's public issue consists of a fresh issue of equity shares aggregating to Rs 455 crore and an offer-for-sale (OFS) of up to Rs 300 crore by existing shareholders.
This is Harsha Engineers' second attempt to go public. It had filed its draft papers with the regulator in August 2018 but later shelved the proposal due to the IL&FS crisis, which shook the NBFC (non-banking financial company) sector.
Upcoming Tamilnad Mercantile Bank IPO: The private lender has fixed the IPO price band at Rs 500-525 per share for the Rs 832 crore initial share offer that would open between September 5 and September 7.
Canada has experienced a sharp rise in hate crimes targeting religion, sexual orientation and race since the start of the COVID-19 pandemic, according to data released this week by Statistic Canada.