Ortel Communications has allotted 25,57,425 equity shares at Rs 181 apiece to Axis Mutual Fund and ICICI Prudential Life Insurance. The company raised Rs 46.29 crore through issue of shares to these anchor investors.
Amrapali Capital and Finance Services' public issue of 25.77 lakh equity shares is going to open for subscription on October 15 which will close on October 18.
Newever Trade Wings that currently engaged in the business of trading of iron & steel and other commodities intends to use issue proceeds (of Rs 6.32 crore) for augmenting long term working capital and public issue expenses.
V-Mart Retail Limited, one of the pioneers in setting up stores across various small Indian towns and cities including Sultanpur, Ujjain, Motihari, has made a Pre-IPO Placement of 1,250,000 Equity Shares of the face value of Rs. 10 each at a price of Rs. 210 per Equity Share.
Mandhana Industries bought 18 lakh shares of recently listed Servalakshmi Papers at Rs 42, a huge premium over listing price