The Bengaluru-headquartered firm is offering fresh shares worth Rs 400 crore and is selling Rs 100 crore shares through the offer-for-sale at a price band of Rs197-207 apiece.
Share of the company has a face value of Rs2 apiece and will be listed on BSE and NSE. The lead managers of the firm are Edelweiss Financial Services, Axis Capital and Saffron Capital Advisors.
As he commissioned INS Visakhapatnam into the Indian Navy, Defence minister Rajnath Singh said on Sunday there’s “no doubt” that India will be building ships “not only for our own needs but also the needs of all over the world”. Singh noted that India being an important nation in the “security” of the Indo-Pacific region, […]