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Solid start | Azad Engineering lists at Rs 720, over 37% premium to IPO price

The strong listing comes on the back of good interest shown by investors in the company s Rs 740-crore public issue. Qualified institutional buyers took the lead, buying 179.66 times the allotted quota ....

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360% return on IPO scorecard! Sachin Tendulkar turns Rs 5 crore investment into Rs 23 crore in 9 months

On March 6, Tendulkar picked up equity worth about Rs 5 crore in the company, which provides engineering and technology solutions for global OEMs in clean energy, aerospace, defence and oil & gas spheres. Following a stock split and bonus issue ahead of the IPO, he now owns 438,210 shares of the company. ....

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