Markets Desk | December 6, 2024
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South Korea’s LG Electronics Inc has filed draft papers with the market regulator for an IPO by its subsidiary LG Electronics India
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The company announced a price band of Rs 74-78 per share for its Rs 8,000 crore IPO, which will be open for subscription from December 11-13.
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The company has filed preliminary papers with the capital markets regulator SEBI to raise Rs 4,000 crore through an initial public offering. The company is yet to finalize the exact dates of the issue.
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The company is aiming to launch Rs 3,500 crore IPO.
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Maharashtra-based healthcare solutions provider’s initial public offer will be open for public subscription between 12-16 December.
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Digital payments firm One MobiKwik Systems Ltd’s Rs 572 crore IPO will begin public subscription on December 11. The price band is set at Rs 265-279 per share.
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Hyderabad based firm Sai Life Sciences Ltd has fixed a price band of Rs 522-549 a share for its IPO that will open for subscription on December 11.
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The draft papers filed by Manjushree Technopack for fund raising through IPO have received approval from SEBI.
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PSU Canara Bank has received approval from RBI to divest its equity stake in two subsidiaries Canara Robeco Asset Management Company and Canara HSBC Life Insurance Company via IPOs.
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Gurugram-based company’s IPO will be a mix of fresh issue of equity shares worth Rs 1,284.50 crore and an Offer for Sale (OFS) of shares valued Rs 1,315.50 crore by promoters and other shareholders.
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Moneycontrol advises users to check with certified experts before taking any investment decisions.
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