Shri Ahimsa Naturals’ IPO was highly successful, being oversubscribed over 60 times. The IPO closed on Thursday with share allotment finalized soon after. The company plans to raise Rs 74 crore for corporate purposes and investments, further enhancing its product line with Green Coffee Bean Extracts and Caffeine Anhydrous Natural.
Tata Capital Q1 Results: Net profit jumps 56% YoY to Rs 1,547 crore, revenue up 15%
Tata Capital announced a substantial net profit increase of over 56 percent. Revenue from operations also saw a healthy rise of more than 15 percent.