GAGA Share Market News

[hfe_template id='11223'] [ad_1] Solar photo-voltaic company Vikram Solar has fixed a price band of Rs 315-332 for its upcoming initial public offering (IPO), which will open for bidding next week, on August 19. The issue comprises a fresh component aggregating up to Rs 1,500 crore and an offer for sale component, which will include the selling shareholders offloading 17,450,882 shares in the company. At the upper range of the price band, the selling shareholders’ portion aggregates to Rs 579.36 crore, taking the total IPO size to Rs 2,079.36 crore. Investors can place bids for a minimum of 45 equity shares and in multiples of 45 thereafter. Gyanesh Chaudhary, Vikram Capital Management Private Limited, and Anil Chaudhary are the selling shareholders in the issue. The floor price for the issue has been set at 31.50 times the face value of the equity shares, while the cap price stands at 33.20 times the face value. Live Events Based on diluted EPS for FY25, the price-to-ea...

[hfe_template id='11223'] [ad_1] Solar photo-voltaic company Vikram Solar has fixed a price band of Rs 315-322 for its upcoming initial public offering (IPO), which will open for bidding next week, on August 19. The issue comprises a fresh component aggregating up to Rs 1,500 crore and an offer for sale component, which will include the selling shareholders offloading 17,450,882 shares in the company. At the upper range of the price band, the selling shareholders’ portion aggregates to Rs 579.36 crore, taking the total IPO size to Rs 2,079.36 crore. Investors can place bids for a minimum of 45 equity shares and in multiples of 45 thereafter. Gyanesh Chaudhary, Vikram Capital Management Private Limited, and Anil Chaudhary are the selling shareholders in the issue. The floor price for the issue has been set at 31.50 times the face value of the equity shares, while the cap price stands at 33.20 times the face value. Live Events Based on diluted EPS for FY25, the price-to-ea...