The Rs 170.8-crore IPO of Paras Defence, which was open for subscription between September 21 and 23, was subscribed 304 times.
A cohort on MSME Lending is expected to spur innovations that can fill the lending gap for MSMEs through the innovative use of technology and data analytics, it further added.
The investment of equity stake of 13.27 per cent would be reduced to 9.90 per cent by December 31, 2021, Indian Bank added.
Bitcoin and its kin have in the last year soared in price and popularity, with emerging and developing market economies such as Vietnam, India and Pakistan seeing rapid growth in some measures of adoption, according to U.S. blockchain researcher Chainalysis.
In another transaction, WHV-EAM International Small Cap Equity Fund bought 186,947 shares of India Glycols at Rs. 830.2 through a bulk deal on the NSE.
Under the open offer, Tata Sons and its subsidiaries Panatone Finvest, Akashastha Technologies have made a cash offer to acquire around crore fully paid-up equity shares of Tejas Networks at a price of Rs 258 apiece.
While the current macro-environment is putting pressure on RBI to scale down the size of the pandemic-led stimulus, the path to normalisation is expected to be very gradual and non-disruptive.
Investment banking activities generated $761.5 million in fees in the first nine months of 2021, down 5.4 per cent compared with the same period last year, data compiled by Refinitiv showed. The fee generated so far this year is the lowest in three years.
The IPO consists of a fresh issue of equity shares up to Rs 400 crore and an offer for sale up to 1.60 crore equity shares, according to DRHP.
Industry major Crisil upgraded 488 entities and downgraded only 165 entities during April-September, the first of the current fiscal.
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