The company has allocated 1.6 crore equity shares to 17 funds at Rs 281 each, the top of the price band, amounting to a deal size of Rs 449 crore, according to the report. The public offering, priced between Rs 267 and Rs 281 per share, aims to raise Rs 1,500 crore and will be open for subscription from June 25 to June 27.
Brace for large moves in Nifty, Nifty Bank; 2 stock ideas: Anand James
Another aspect we will be closely watching would be how Nifty futures would play in the next week as they had gone into discount, unable