01:12:42 PM IST, 21 September 2023
Updater Services sets Rs 280-300 price band for Rs 640-cr IPO
Chennai-based integrated facilities management firm Updater Services on Thursday announced the price band for its Rs 640-crore public offering, at Rs 280-300 per share, for the issue opening on September 25. The company which started way back in 1987 in Chennai, claims to be the market leader with a revenue of Rs 2,100 crore in FY23, from which it had earned Rs 145 crore net profit, up from Rs 1,483 crore and Rs 108 crore, respectively, in the previous fiscal ending March 2022.
The IPO comprises a fresh issue of equity shares aggregating up to Rs 400 crore and an offer-for-sale of up to 80 lakh equity shares for up to Rs 240 crore, by a promoter and existing shareholders.
01:03:24 PM IST, 21 September 2023
Stock Market Live Updates: Manappuram Finance approved the issuance of non-convertible taxable debentures for Rs 1000 crore on private placement basis.
12:54:07 PM IST, 21 September 2023
Stock Market Live Updates: Aksh Optifibre receives a work order worth Rs 13.43 crores for the conversion of existing HPSV and normal LED Lighting systems into smart LED lighting systems which are installed by Jaipur Development Authority (JDA); stock jumps 6%
12:22:33 PM IST, 21 September 2023
Sensex Today | Stock Market Live Updates: Top gainers & losers at this hour
12:20:37 PM IST, 21 September 2023
