NSE files papers for Rs 30,000-crore IPO
The National Stock Exchange (NSE) filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Wednesday, June 17, according to official documents.
The National Stock Exchange (NSE) filed a draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on Wednesday, June 17, according to official documents.
The Memorandum of Understanding (MoU) under the Government of India's scheme for replacement of old trucks and buses in the Delhi–NCR region was signed on Thursday between the Ministry of Road Transport and Highways (MoRTH) and Tata Motors.
The Government of India has assured citizens that fuel availability remains stable amid the evolving situation in West Asia, with refineries operating at high capacity and adequate stocks of petrol, diesel and LPG maintained across the country.
Fresh cherries from the orchards of Kashmir are now reaching markets in Mumbai and Gujarat within hours instead of days, thanks to a record fruit-loading drive by Northern Railway's Jammu Division.
NSE has filed draft IPO documents with SEBI for an offer involving nearly 149 million shares. The issue is expected to be worth around Rs 30,000 crore and could become India's largest-ever public offering.
The retail sales for passenger vehicles posted a 5.8 per cent spike to 2,99,369 units in September driven by the GST 2.0 reforms and Navratri festivities.
In the local bullion market, gold of 99.5% purity jumped by ₹2,700 to hit a record ₹1,22,700 per 10 grams, compared to ₹1,20,000 in the previous session.
At the close, the Sensex was up 582.95 points, or 0.72%, at 81,790.12, while the Nifty gained 183.40 points, or 0.74%, to end at 25,077.65.
The issue was subscribed by only 38 per cent, compared to the issue size of 333.43 million shares, on October 6, according to NSE data.
The passive industry Assets Under Management (AUM) stood at Rs 12.2 lakh crores, a 6.4-fold increase in six years (36% CAGR), from Rs 1.91 lakh crores in 2019.
