Latest News
-
Honasa Consumer to Strengthen Operations by Merging Fusion Cosmeceutics and Just4Kids -
Wipro Reports 7.8% Decline in Q4 Net Profit; CEO Highlights Economic Challenges -
IREDA Hits Record Annual PAT of Rs 1,252 Cr in FY24; Q4 Profits Up by 33% -
Massive Employee Exodus Hits India's Top IT Companies in FY23-24 -
Air India Enhances Operational Efficiency with New Crew Management System -
BlackRock Acquires Shares in Electrosteel Castings and PTC India for Rs 207 Crore -
IndiGo Enhances Domestic Routes with Direct Chennai-Durgapur Flights -
Tesla to Recall Nearly 4,000 Cybertrucks Over Accelerator Pedal Fault -
Reliance, ONGC, Tata, Adanis: Energy Stocks Didn't Get The Memo Of Bears, Up 12% In 30-Days; 10 Stocks To BUY -
Sebi to Enhance Price Discovery for Firms Trading Below Book Value
Likhitha Infrastructure Rs 61.2-crore IPO To Open On Sept 29; Price Band Fixed
Other than Mazagon Dock Shipbuilders and UTI ATM, oil and gas pipeline infrastructure service provider Likhitha Infrastructure is also set to open its IPO issue for subscription next week. The public issue comprises fresh issue of up to 51 lakh shares. The price band has been fixed at Rs. 117-120 per share.
Investors can bid for a lot of 125 equity shares or in multiples thereof, implying minimum investment of Rs. 14625 for subscribing to the issue.
Unistone Capital Private Limited is the book running lead manager and Bigshare Services Private Limited is the registrar to the issue.
The proceeds from the issue will be put towards meeting working capital requirements for tapping the growing demand from the oil and gas sector, and for other general corporate purposes.
From listing gains perspective, analyst view Mazagon Dock and UTI AMC as decent picks.
GoodReturns.in
