The issue which opened on 22 August, 2023 received 100 per cent subscription.
India’s 5th largest public sector bank allotted 57.77 crore shares at a price of Rs 86.55 per share (including premium of Rs 76.55 per share) aggregating to Rs 5,000 crore representing a discount of 4.9945 per cent to the floor price determined as per regulatory guidelines. The Managing Director and CEO A Manimekhalai views the successful capital raising as a demonstration of continued faith of investors on the bank’s growth trajectory and prospects.
Bu hikaye The Business Guardian dergisinin August 27, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The Business Guardian dergisinin August 27, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Balewadi Real Estate Soars: Kunal Group's canary residency breaks sales records
The newly launched tower at The Canary Residency is an epitome of luxury residential living, featuring spacious 3 and 4 BHK apartments within a 30-storey high-rise.
Delhi Police arrest mastermind of GTB Hospital murder case
The Delhi Police Crime Branch has successfully apprehended a key figure involved in the notorious GTB Hospital Murder Case, marking a significant development in an ongoing investigation.
Two chain snatchers nabbed by Police in anti-roberry operation
Additional teams from nearby police stations were promptly notified. The team of special cell of the Delhi police suspected the bikers and started chasing them.
Step into the magical world of Nav Rasas with Shalini Modi's Rasas in Divine Relationships
The grand launch event for Shalini Modi's \"Rasas in Divine Relationships\" took place with great excitement at the India International Centre in Delhi.
Mayor postpones standing committee election till Oct 5
The commotion began when councillors were prohibited from bringing mobile phones into the House before the election.
ED files reply to Satyendar Jain's bail plea, hearing next week
The Enforcement Directorate (ED) on Wednesday filed a reply to bail plea of former Delhi Health Minister Satyendar Jain in a money laundering case.
Police nabs four accused wanted in a case of physical and sexual assault
In a successful operation, Delhi Police arrested four accused wanted in a case of physical and sexual assault.
Minor arrested for threatening to blow up Axis Bank
In a shocking incident from Vikaspuri, a minor was arrested after threatening to blow up an Axis Bank and demanding Rs 10 lakh from the bank manager.
JIO-BP LAUNCHES 500TH EV CHARGING STATION, EXPANDS TO 5,000 POINTS IN INDIA
A nant Mukesh Ambani, Director of Reliance Industries Limited (RIL), and Murray Auchincloss, CEO of bp, jointly inaugurated Jio-bp's 500th EV charging station, part of the fuels and mobility joint venture between RIL and bp.
Karnataka's Shivakumar: KWIN city to be a holistic development
Karnataka's Deputy Chief Minister and Bengaluru Development Minister, DK Shivakumar, announced a significant initiative aimed at redefining urban living in the state.
