The IPO consists of the issuance of fresh equity shares worth Rs 455 crore, whereas existing shareholders and promoters will offload shares worth Rs 300 crore via offer for sale (OFS).
Onion prices rise 20% in past two weeks as rains damage crop
Pune’s onion prices have surged by approximately 20% in the last two weeks due to crop damage from heavy rains, leading to reduced market arrivals.