Happy Forgings’ IPO will comprise a fresh issue of ₹500 crore and an offer for sale (OFS) of up to 8.05 million shares. The Ludhiana-based company is an engineering-led manufacturer of high-precision machined components.
Godavari Biorefineries Ltd raised over Rs 166 crore from anchor investors including HDFC Mutual Fund and Goldman Sachs prior to its IPO. The IPO, including
Persistent Systems reported a 23.4% jump in PAT to Rs 325 crore and a 20% YoY increase in revenue. The company’s revenue for the second
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