Shreenath Paper Products’ IPO received a tepid response, with subscription just over 1x. Investors can check allotment status via BSE or Bigshare Services’ websites. The IPO aims to raise Rs 23 crore with shares priced at Rs 44 each. The company specializes in supply chain solutions for paper-based industries. The listing is set for March 5.
EIL Q3 profit soars over 3x YoY to Rs 302 crore
State-owned Engineers India Ltd (EIL) reported an over 3-fold on-year jump in net profit to Rs 302 crore for the third quarter ended December 31,