The company is offering its shares at Rs 45 apiece, and investors can bid for 3,000 shares in 1 lot. The net proceeds from the public offer will be used to meet capex requirements and other general corporate purposes.
US stocks: US market falls as hot inflation, hawkish Fed fuel rate-hike fears
US stocks closed lower after hotter-than-expected inflation data strengthened expectations of a December Federal Reserve rate hike and raised the possibility of more aggressive tightening.