In the grey market, Flair Writing is fetching a premium of Rs 60 ahead of the issue opening. This compares with the upper price band of Rs 304. The IPO comprises fresh issue of Rs 292 crore and an OFS of Rs 301 crore. Under the OFS segment, Khubilal Jugraj Rathod will offload shares worth Rs 76 crore, Vimalchand Jugraj Rathod will sell up to Rs 57 crore. Other selling shareholders include Nirmala Khubilal Rathod, Manjula Vimalchand Rathod.
HBL Engineering shares surge over 13% on strong Q1 earnings; profit up 79% YoY
HBL Engineering a 79% year-on-year profit rise to Rs 143 crore in Q1, driven by higher revenues and improved cost management. During its August 9