Live Breaking News & Updates on ஸ்யூயி பத்திரங்கள் இந்தியா

Stay updated with breaking news from ஸ்யூயி பத்திரங்கள் இந்தியா. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Auto parts supplier Sona Comstar to launch Rs 5,550-crore IPO next week


Automotive Supplier Sona Comstar will launch its Rs 5,550-crore initial public offer (IPO) next week. The company has priced the offer at Rs 285–291 per share. The IPO will remain open between June 14 to June 16, and anchor investors will be allotted shares on Friday. The issue consists of a fresh sale of Rs 300 crore and an offer for sale (OFS) worth Rs 5,250 crore, of shares held by Singapore Topco, an affiliate of the Blackstone group. Singapore Topco s current holding stands at 66.2 per cent of the pre-offer paid-up equity capital of the company.
Sona Comstar was planning to raise Rs 6,000 crore earlier, but Singapore Topco decided to reduce the OFS portion. Post-offer, the firm will hold a little over 33 per cent in the company. ....

Sona Comstar , Automotive Supplier Sona Comstar , Singapore Topco , Mahindra Capital , Suisse Securities India , Nomura Financial Advisory , Marcotech Developers , Automotive Supplier , Initial Public Offer Ipo , Offer For Sale Ofs , Paid Up Equity Capital , சோனா கஸ்டர் , மஹிந்திரா மூலதனம் , ஸ்யூயி பத்திரங்கள் இந்தியா ,