PRE-MARKET
Technocraft Ventures Ltd secured Rs 75.55 crore from anchor investors before its public offering. The company's Rs 252-crore initial public offering will open for subscription on August 7. It has fixed a price band of Rs 200-212 per share for the issue. Proceeds will fund working capital and general corporate purposes. The infrastructure firm's equity shares are proposed for listing on the ….
Technocraft Ventures raises Rs 75.55 cr from anchor investors ahead of IPO
Impact Score
Market Sentiment
↑BullishPrimary Sectors
Technocraft Ventures Ltd secured Rs 75.55 crore from anchor investors before its public offering. The company's Rs 252-crore initial public offering will open for subscription on August 7. It has fixed a price band of Rs 200-212 per share for the issue. Proceeds will fund working capital and general corporate purposes. The infrastructure firm's equity shares are proposed for listing on the …
Key Highlights
Technocraft Ventures Ltd secured Rs 75.55 crore from anchor investors before its public offering.
The company's Rs 252-crore initial public offering will open for subscription on August 7.
It has fixed a price band of Rs 200-212 per share for the issue.
Source
Economic Times
Published
3h ago
Impact Score
75 / 100
Category
Capital Markets
Positive near-term momentum expected in Capital Markets as market digests this development.
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