Lamosaic India’s SME IPO, aiming to raise Rs 61.2 crore, opened for subscription on November 21st and will close on November 26th. The company, specializing in building materials, plans to list its shares on the NSE SME platform with a share price of Rs 200 apiece. The proceeds will be utilized for debt repayment, working capital, and future growth initiatives.
Varun Beverages shares slide over 3% after raising Rs 7,500 crore via QIP
Varun Beverages’ shares fell 3.4% after raising Rs 7,500 crore through a QIP at a 4.97% discount. The company reported strong Q3 profit and revenue