Read more about Dodla Dairy s IPO to open on Jun 16; price band set at Rs 421-428/share on Business Standard. Dodla Dairy is a leading dairy company in south India
Arohan Financial Services, Dodla Dairy Get Sebi s Nod for IPO
The two companies filed their preliminary papers with Sebi on February 15 and obtained its observations on April 23
Arohan Financial Services, Dodla Dairy Get Sebi s Nod for IPO
PTI - 26 April 2021
Non-banking financial company Arohan Financial Services and Dodla Dairy, a leading dairy company in South India, have received capital markets regulator Sebi s go-ahead to float initial share-sales.
The two companies filed their preliminary papers with Sebi on February 15 and obtained its observations on April 23, an update with Sebi showed on Monday.
Sebi s observation is very necessary for any company to launch public issues like Initial Public Offer (IPO), follow-on public offer (FPO), and rights issue.
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Non-banking financial company Arohan Financial Services and Dodla Dairy, a leading dairy company in South India, have received capital markets regulator Sebi s go-ahead to float initial share-sales. The two companies filed their preliminary papers with Sebi on February 15 and obtained its observations on April 23, an update with Sebi showed on Monday. Sebi s observation is very necessary for any company to launch public issues like initial public offer (IPO), follow-on public offer (FPO), and rights issue. Arohan Financial Services plans to raise between Rs 1,750 crore and Rs 1,800 crore, as per market sources. The public offer of the Aavishkaar Group promoted company comprises a fundraise through a fresh issuance of shares amounting to Rs 850 crore, according to Draft Red Herring Prospectus (DRHP).