Latest Breaking News On - Hich is supplying specific grade alloy for cartridge shell and bullet the company hasa good hold in international markets as well this story provided by pnn ani will not be responsible any way content of article - Page 1 : comparemela.com
Jaipur (Rajasthan) [India], February 10 (ANI/PNN): The IPO of Shera Energy Limited, the only company in the country to produce wires and strips made of non-ferrous metals like copper, aluminum and brass under one roof, has been successful in garnering wide support from investors on Thursday. Against the IPO of 61.76 lakh shares worth Rs 35.20 crore opened on Tuesday, the company has received bids for 27 crore 50 lakh 34 thousand shares, through which applications worth Rs 1567.69 crore have been submitted. The listing of this issue of the company on the emerge platform of the National Stock Exchange will take place on February 17. The issue has been applied for in lots of two thousand shares, whose price band was kept at Rs 55-57. The company's CMD Naseem Shaikh said that the highest number of 190 times applications in the IPO came from the Non-Institutional Investors-NII category. After this, the second number of applicants are retail investors, who have expressed their faith in t