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Glenmark Life Sciences IPO Latest News; Anand Rathi Net Worth To Raise Rs 900 Crore | ग्लेनमार्क लाइफ साइंस 695-720 रुपए पर लाएगी इश्यू, आनंद राठी वेल्थ जुटाएगी 900 करोड़ रुपए

Glenmark Life Sciences IPO Latest News; Anand Rathi Net Worth To Raise Rs 900 Crore | ग्लेनमार्क लाइफ साइंस 695-720 रुपए पर लाएगी इश्यू, आनंद राठी वेल्थ जुटाएगी 900 करोड़ रुपए
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zomato IPO: As countdown begins for Zomato IPO, a Rs 14,000 crore question looms

NEW DELHI: Where will the IPO-bound Zomato put its huge cash pile to work? This question is worth Rs 14,000 crore, and how! Despite improved unit economics and lower cash burn, Zomato went on a fund-raising spree in FY21, with Rs 4,800 crore worth of equity capital raised in the first nine months and another funding round of Rs 1,800 crore came in February, making analysts wonder what will the Indian multinational restaurant aggregator and food delivery company do with the cash on balance sheet post its Rs 8,250 crore IPO. The proposed offer will comprise Rs 7,500 crore worth of fresh issue and Rs 750 crore worth of share sale by Info Edge.

Kacholia cut stake in this multibagger in Q4; Dhawan, Agrawal stayed put

Kacholia cut stake in this multibagger in Q4; Dhawan, Agrawal stayed put SECTIONS Share Synopsis While Ashish Kacholia took some profit off the table a few other seasoned investors such as Ashish Dhawan and Mukul Agrawal stayed put on the counter during the March quarter. Getty Images Related NSE NEW DELHI: Value investor Ashish Kacholia trimmed stake in Birlasoft, his third largest portfolio holding thus far, after the scrip delivered five-fold return from the March 2020 low of Rs 47.60. While Kacholia took some profit off the table a few other seasoned investors such as Ashish Dhawan and Mukul Agrawal stayed put on the counter during the March quarter.

Anupam Rasayan IPO: Anupam Rasayan s Rs 760 crore IPO kicks off: Should you subscribe?

NEW DELHI: Anupam Rasayan s Rs 760 crore IPO opened for subscription this morning. The issue by the specialty chemicals company comprises entirely fresh issuance of shares, and is being sold in the Rs 553-555 price band. At the upper limit of the price band, the scrip is asking a PE of 95.2 times trailing 12-month basis on restated EPS of Rs 5.80. This is significantly higher than the peer average of 33 times. Some analysts said the asking valuations exceed growth prospects. Others insist on subscribing to the issue for the long term, as they see robust growth, market share gains and improved margins for the specialty chemicals company going forward.

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