Here are stocks that are in news today:
Prataap Snacks IPO opens
-Issue will close on September 26
-Price band Rs 930-938 per share
-Issue size Rs 479.5-481.9 crore
-Fresh issue Rs 200 crore
-Offer for sale Rs 282 crore
-After the IPO, Sequoia Capital stake will come down to 48.4 percent from 62 percent
-Founders' stake will come down to 23 percent from 31.1 percent
Fund Action
-IL&FS Financial Services Proprietary Portfolio sells 18,34,357 shares of A2Z Infra Engineering at Rs 42.13 per share
-BNP Paribas Arbitrage sells 1,34,102 shares of Matrimony.com at Rs 957.47 per share
Jindal Steel & Power
-Ravi Uppal, MD & Group CEO to retire on September 30 after completing his 5-year term
-Ravi Uppal’s successor yet to be named
Apollo Hospitals
-Gets shareholder nod to appoint Prathap Reddy as whole-time dir designated as executive chairman
-Gets shareholder nod to offer non-convertible debentures (NCDs) worth up to Rs 500 crore on private placement basis
Other stocks and sectors that are in news today:
-Reliance Home Finance to list today
-SBI Life Insurance Company IPO subscribed 57% on Day 2, closes today
-Capacit'e Infraprojects to list on Monday
-KNR Construction bags order worth Rs 884 crore to be completed in 18 months
-Tara Jewels won't be going ahead with issuance of preference shares to promoters and non-prooters as the company is in talks with international equity fund for infusion of funds
-ICRA has revised the long term rating on KRBL from AA- to AA+
-Sunil Hitech allots 11.9 crore worth of warrants to promoters & non- promoters at Rs 14.43 per share
-SPML Infra board meeting on September 26 to consider issuance of optionally convertible debentures to lenders under S4a scheme
-A2Z Infra Engineering board approves issuance of 8 crore equity shares to lenders as one time settlement
-Raunaq EPC CFO Shalesh Kumar resigned and has been relieved from the duties from September 20 itself
-Clear merger of Reliance Communications with SSTL in two weeks, TDSAT tells DoT: ET
-Indian Bank raises Rs 2,000 crore out of the Rs 5,000 crore approved by the board
-UIDAI lens on Airtel over opening payments bank a/c using eKYC
-SpiceJet's Ajay Singh set to take control of NDTV: IE
-Container Corporation gets shareholder nod for appointment of Kalyana Rama as chairman, MD
-Bharti Airtel gets shareholder nod for scheme of amalgamation with Telenor
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