Gandhar Oil received a better-than-expected subscription demand at 64x for its IPO, mainly on the back of reasonable valuations. The net proceeds from fresh issuance worth Rs 357 crore will be used towards financing the repayment/pre-payment of a loan facility, purchase of equipment and civil work, expansion in capacity of automotive oil, petroleum jelly, white oils by installing blending tanks, funding working capital requirements and general corporate purposes.
NSE increases lot sizes for all 5 index derivative contracts after Sebi order
The new measure will take effect from November 20, 2024, for all newly introduced index derivatives contracts, including weekly, monthly, quarterly, and half-yearly, according to
October 19, 2024