Time: 2024-11-18
The bear have have a significant impact on the equity market recently, drag benchmark index down by about 10 percentage. However, the primary market remains unfazed by this, with initial_public_offering continue to flow in the mainboard and SME section. One company, Rosmerta Digital Services, decide to postpone its initial_public_offering due to adverse market conditions after disclosure all populace issue details.
NTPC Green Energy, a subordinate of NTPC focus on Renewable energy, is set to launch its Rs 10,000-crore initial populace offer on November 19. The monetary_value set for the offer is repair at Rs 102-108 per share, with the return being use to refund debt and for general corporate purpose. Enviro Infra Engineers, a company development sewage treatment plant, will also launch its initial_public_offering on November 22, with a combination of fresh issue and offer-for-sale by promoter.
Lamosaic India, which deal in assorted construction material, will open its Rs 61-crore initial_public_offering on November 21. Another company, C2C Advanced Systems, will launch its initial_public_offering on November 22, target to raise over Rs 99 crore. Zinka Logistics Solutions and Onyx Biotec are also set to stopping_point their initial_public_offering following week.
NTPC Green Energy Ltd. will rich_person its initial_public_offering following week, aim to raise Rs 10,000 crore through a fresh issue of approximately 92.6 crore share. The monetary_value set is set between Rs 102 and Rs 108 per share, devising it India's third-large initial_public_offering this year. retail investor can command up to Rs 2 lakh, with a reserve part for NTPC stockholder.
In decision, the renewable energy initial_public_offering market continue to show resilience despite market volatility, with several company gearing up to launch their populace offer. investor are closely observation these development as they voyage through the current market conditions.
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