#ipo size

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Rainbow Children's Medicare files papers; eyes over Rs 2,000 cr via IPO

Rainbow Children’s Medicare files papers; eyes over Rs 2,000 cr via IPO

Multi-specialty pediatric hospital chain Rainbow Children’s Medicare Ltd has filed preliminary papers with capital markets regulator Sebi to raise over Rs 2,000 crore through an initial public offering (IPO). The public issue comprises fresh issue of equity shares aggregating up to Rs 280 crore and an offer sale of up to 2.4 crore equity shares by the selling shareholders, according to the draft…

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Shriram Properties shares tumble more than 16% in debut trade

Shriram Properties shares tumble more than 16% in debut trade

Shares of Shriram Properties Ltd on Monday listed with a discount of nearly 24 per cent against its issue price of Rs 118 and settled over 16 per cent lower. The stock listed at Rs 94, a decline of 20.33 per cent from the issue price on the BSE. During the day, it tumbled 22.24 per cent to Rs 91.75. It settled at Rs 99.40, a discount of 15.76 per cent. On the NSE, it made debut at Rs 90, a…

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