AccelerateBS India s shares listed at a premium on the BSE SME exchange. The IPO was subscribed 49.19 times, with strong interest from retail investors.
AccelerateBS India Limited's IPO has received a strong response from retail investors, with the subscription rate being around 4 times overall and 4.57 times in the retail portion. The IPO, listed on the BSE SME exchange, is priced at Rs 90 per share. The company provides IT services to B2B and B2C businesses globally. The IPO is expected to reduce the promoters' stake from 100 percent to 70.59 percent. The basis for share allocation will be determined on July 14, with refunds starting on July 17 and share credits on July 18. AccelerateBS India shares are set to be listed on the BSE SME platform on July 19., Markets News, Times Now
Mumbai (Maharashtra) [India], March 14 (ANI/NewsVoir): Public issue of Bright Outdoor Media Ltd - engaged in the business of providing advertising media services consisting Out of Home (OOH) media services is scheduled to open for subscription on March 14. Company is planning to raise Rs 55.48 crore for prepayment/repayment of certain borrowings, purchase of LED hoardings, funding working capital requirements and general corporate purposes. Last date for subscribing for the public issue is March 17. Shreni Shares Pvt Ltd is the lead manager of the issue. Company's shares will be listed on the BSE SME Exchange Platform. The initial public offering will comprise a fresh issue of 38 lakh equity shares of face value of Rs 10 each at a price of Rs 146 per share (including a premium of Rs 136 per equity share) aggregating upto Rs 55.48 crore. The minimum lot size for the application is 1,000 shares which translates into Rs 1.46 lakh per application. Sharing more details, Yogesh Lakhani,
Mumbai (Maharashtra) [India], March 14 (ANI/NewsVoir): Public issue of Bright Outdoor Media Ltd - engaged in the business of providing advertising media services consisting Out of Home (OOH) media services is scheduled to open for subscription on March 14