NSE
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Money
IIFL Samasta Finance Gears Up for ₹1,000 Crore Bond Listing on BSE and NSE
IIFL Samasta Finance, a prominent NBFC-MFI in India, is set to raise ₹1,000 crore through its debut public offering of secured bonds. The funds aim to support business expansion and enhance capital resources, offering investors a secure opportunity with interest rates up to 10.50%. The company plans to issue ₹200 crore initially, with a green-shoe option for oversubscription, potentially raising…
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Business
Tata Technologies’ Phenomenal Debut: Soars 140% in Blockbuster IPO Listing
Tata Technologies, the subsidiary of Tata Motors, made a stellar market debut on Thursday, soaring to a 140% premium over its issue price of ₹500. The stock opened at ₹1,200 on the NSE and ₹1199.95 on the BSE, marking the best listing since November 2021 for an IPO size exceeding ₹500 crore. The ₹3,042.51 crore IPO, the first from the…
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