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Finance
Gandhar Oil IPO Shatters Records: 64x Subscription Sparks Investor Frenzy
Exciting news in the financial arena! The Gandhar Oil’s IPO bidding closed on November 24 with an incredible response from investors. The three-day bidding process witnessed a remarkable 64 times subscription, reflecting the immense interest in the company’s public offering. Particularly noteworthy is the retail portion, which saw a subscription rate of 28.95 times. Non-institutional investors (NII) were equally enthusiastic,…
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Finance
Tata Technologies IPO Allotment Status Revealed: Check Your Shares Now
Tata Technologies, a subsidiary of Tata Motors, is set to finalize the basis of allotment for its IPO shares on November 28. The three-day stake sale, marking the first IPO from the Tata Group in two decades, garnered significant investor interest, with a subscription rate of 69.43 times the issue size of ₹2,200 crore. Qualified Institutional Bidders and Non-Institutional Investors…
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Finance
Tata Technologies IPO Released, Things All You Need to Know
Tata Group is making a comeback in the market after almost two decades with the initial public offering (IPO) of Tata Technologies Limited. The IPO, open for bidding until November 24, 2023, has set a price band of ₹475 to ₹500 per equity share. The company aims to raise ₹3,042.51 crore through this 100% offer for sale (OFS) on BSE…
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