NEW DELHI: The initial public offer of Indo Farm Equipment Ltd got subscribed nearly 6 times within hours of opening for bidding on Tuesday. The initial share sale received bids for 5,00,12,580 shares, as against 84,70,000 shares on offer, translating into 5.90 times subscription, as per NSE data till 11:57 hours. The Retail Individual Investors…
NEW DELHI: UK-based Vodafone Group has cleared dues of around Rs 11,650 crore or about 109 million pound that it raised against shares of Vodafone Idea, according to a regulatory filing.Vodafone Group had pledged almost the entire stake in VIL to raise the debt.The pledge was created in favour of HSBC Corporate Trustee Company (UK)…
Solar panel maker Waaree Energies Ltd on Tuesday received 8.78 times subscriptions on the second day of its initial public offering share sale. As per NSE data, against the 2,10,79,384 shares on offer, the Rs 4,321.44 crore initial share sale received bids for 18,51,56,208 shares.The non institutional sector investor garnered 24.30 times subscription whereas Retail…
