Hyderabad based Gland Pharma Ltd. is an injectable-focused company with a footprint in 60 countries. Company mainly operates in complex injectable under B2B model. The issue price of the stock was kept Rs. 1490 to Rs. 1500 per share at P/E of around 30. IPO was...
Equitas Small Finance Bank is a small finance bank founded in 2007 as a microfinance lender, with headquarters in Chennai, India. It began banking in September 2016 after receiving RBI approval. The Issue price of IPO was Rs.33 at P/E ratio of around 13.5. Stock was...
BSE Sensex went up by 11.45% in November 2020 to close at 44,150. Nifty 50 closed at 12,969 in November, higher by 11.40% from 39,614 in October closing. Expectation of quick arrival of Covid-19 vaccines, slowing of Covid19 infections, abundant liquidity, economic...
Reliance Retail Ventures Limited (RRVL) completes fund raise Rs. 47,265 Crore for 10.09% stake in the company. RRVL replicated the speed with which it raised funds for JIO platform earlier in the year. Reliance Retail Ventures Limited is a subsidiary of Reliance...
Biocon Ltd., a bio-pharmaceutical company, announced that the Board of its subsidiary Biocon Biologics Ltd (Biocon Biologics) has approved a Rs.1,125 Crore (approx. USD 150 million) fund raise from Goldman Sachs. As per the proposed terms, Goldman Sachs will be issued...
