Technofab Engineering, a power, oil and gas and industrial projects contractor, today said it plans to raise around Rs 69 crore through its IPO, the price band for which has been fixed at Rs 230-240. The initial public offer (IPO) will open for subscription on June 29 and close on July 2…

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The public portion of UK bank Standard Chartered’s sale of Indian depositary receipts was 24 per cent covered as of 1.05 pm (0735 GMT) on Friday, on the last day of book building in a deal that drew sluggish response on its first three days, exchange data showed. Of the 204 million…

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Incorporated in 2007, Jaypee Infratech Limited (JIL) is an Indian infrastructure development company engaged in the development of the Yamuna Expressway and related real estate projects.Jaypee Infratech Limited (JIL) is a part of the Jaypee Group and incorporated as a special purpose comp…

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Incorporated in 1988, Satluj Jal Vidyut Nigam Ltd (formerly Nathpa Jhakri Power Corporation Limited – NJPC) is a hydroelectric power generation company, originally established as a joint venture of the Government of India ( GOI ) and the Government of Himachal Pradesh (GOHP) to plan…

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Incorporated in 1988, Satluj Jal Vidyut Nigam Ltd (formerly Nathpa Jhakri Power Corporation Limited – NJPC) is a hydroelectric power generation company, originally established as joint venture between the central government and the Himachal Pradesh (HP) state government. The Center …

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SJVNL, which is planning to raise about Rs12bn via the IPO, has fixed a price band of Rs23-26 per share. The IPO of Satluj Jal Vidyut Nigam Ltd. (SJVNL) was subscribed 6.48 times as of 5:00 pm today, the last day for subscription, according to the NSE web site. The public sector hydro-p…

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The Rs 1,000-crore initial share sale offer of state-run hydro power producer SJVNL, which is the first public issue of a PSU in the current fiscal, has received good response from investors and got subscribed 1.16 times on its final day today. The initial public offer (IPO) got bids fo…

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Persistent Systems Limited (PSL) is one of the market leaders in Outsourced software Product Development (OPD) services. It designs, develops and maintains software systems and solutions, create new applications and enhance the functionality of its customers’ existing software products…

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Bajaj Corp Ltd has filed regulatory application for an initial public offering of 4.5mn shares. The price range of the IPO was not yet decided. The offer would constitute 15.3% of its post-issue paid up equity capital and the IPO proceeds would be used for product expansion and acquisitio…

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Vascon Engineers Ltd is planning to raise close to Rs 200 cr through an initial public offering (IPO) of 10.8 million shares, according to its top official. The firm will use IPO proceeds to fund ongoing projects and repay debt, but Vasudevan said, he was yet to decide about engaging an…

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