The company is likely to miss its revenue target of Rs 5300 crore for FY18, say V Udaya Bhaskar of Bharat Dynamics.
HG Infra will list on the exchanges today. A positive listing is what is expected today. Watch accompanying video of CNBC-TV18’s Anisha Jain detailing what to expect?
Jasbir Singh, Chairman & CEO, Amber Enterprises is confident of maintaining margins at 9% levels
We need to bring in efficiencies in our supply chain and that opportunity has been created with the removal of all the tax barriers, said Rakesh Biyani, Chairman of Future Supply Chain Solutions.
People have applied from 15 different states for this initial public offering (IPO). Company has become four times bigger in the five years, said Navin Korpe, CMD of ANI Integrated.
In an interview to CNBC-TV18, Kamlesh Gandhi, Founder & CMD of MAS Financial Services spoke about the strong listing on the bourses, the latest happenings in his company and the sector.
The IPO, which has a price band of Rs 685 to Rs 700 per share for its Rs 8400 crore initial public offering (IPO), is expected to be the largest in the insurance space as of today.
Bharat Road Network, a subsidiary of SREI Infrastructure Finance Company, debuted with a weak listing today. In an interview to CNBC-TV18, Bajrang Kumar Choudhary, Managing Director of Bharat Road Network spoke about the latest happenings in his company and sector.
In an interview to CNBC-TV18, Sunil Vachani, Promoter & Chairman, Dixon Technologies spoke about the strong debut it has made on the exchanges today.
Apex Frozen Foods made a stellar debut listing with a 15 percent premium. CNBC-TV18’s Yash Jain caught up with K Subrahmanya Chowdary, Executive Director of Apex Frozen Foods.
The IPO of India Grid Trust, second in the infrastructure investment trusts (InvIT) space, was subscribed 1.17 times. The price band for the offer, open during May 17-19, was set at Rs Rs 98-100 per unit.
The company would benefit from government’s thrust on affordable housing and urban infrastructure, said Rakesh Kumar Arora, Director-Finance, HUDCO.
The traffic and inflation assumption on which the model is based one can pencil in a 9.5 percent revenue growth and 12 percent yield, said VD Mhaiskar, CMD, IRB Infrastructure Developers.
The institutional investors category was oversubscribed 10.81 times and other investors 5.89 times. The offer had a price band of Rs 100-102. InvITs or infrastructure investment trusts are those debt instruments that will be traded in the market and can act as investment vehicles for sponsors.
The listing of the company, on one of the premier stock exchanges of the country, was expected to enhance the visibility of the company's equity shares and also provide liquidity for its existing and prospective investors.
The company's IPO was oversubscribed 1.90 times, with qualified institutional buyers (QIBs) category getting oversubscribed 3.65 times and retail investors 1.63 times.