SBI Mutual Fund, the country s largest asset manager with around Rs 6.5 lakh crore in asset under management, had in February selected seven merchant bankers for a USD 1-billion IPO. But soon the markets turned volatile with the Russian invasion of Ukraine later in that month.
DCX Systems IPO: Edelweiss Financial Services Limited, Axis Capital Limited and Saffron Capital Advisors Private Limited are the book-running lead managers (BRLMs). The public issue will close on November 2.
The consumer electrical goods maker, post market hours of Wednesday, said its consolidated profit fell 38.15 per cent to Rs 187.01 crore for the quarter, as commodity inflation hit margins.
In this pilot project, Flipkart has partnered with over 15 brands including Puma, Noise, Nivea, and Tokyo Talkies for the limited-time experience which will be live for a week on Flipkart’s android app.
The Rs 500-crore public offer, which was opened for subscription on October 4, 2022, got oversubscribed by 71.93 times on the last day of bidding process on October 7.