Borana Weaves files draft papers with SEBI to raise funds via public issue
Sat, Nov 30, 2024 6:05 PM

Borana Weaves files draft papers with SEBI to raise funds via public issue

A Flip by Shubhangi Gupta
Get it on Google Play
Borana Weaves specializes in the production of unbleached synthetic grey fabric, has filed its DRHP with SEBI in preparation for the IPO, the issue size will be of up to 70,00,000 equity shares with a face value of ₹10 each, all of which will be issued as a Fresh Issue. Beeline Capital Advisors Pvt Ltd is the Book Running Lead Managers to the Issue, while KFIN Technologies is Registrar to issue.

More great flips

Vinay Rajani of HDFC Securities suggests three stocks to buy in near term

Vinay Rajani of HDFC Securities suggests three stocks to buy in near term

Short term support for the Nifty 50 is seen at 24,400, while resistance for the same is seen at 24,750. Technical Picks: Stocks to buy in the near-term- 📌Buy Karur Vysya Bank (236): | Targets Rs. 269 | Stop-loss ₹220; 📌Buy APL Apollo (1599): | Targets Rs.1740 | Stop-loss ₹1515; 📌Buy Mastek (3290): | Target Rs. 3550 | Stop-loss ₹3150.

Open Flip
Bausch + Lomb confirms it is exploring a potential sale

Bausch + Lomb confirms it is exploring a potential sale

Bausch + Lomb said it authorized management and advisers to explore a potential sale of the eye health company after shares dropped over reports of faltering deal talks with a group of private equity firms. The company said a sale was “one of several options being explored to complete a full separation from Bausch Health Companies Inc.,” in a statement on Thursday.

Open Flip
FIIs net sell shares worth Rs 3,560 crore, DIIs net buy Rs 2,647 crore

FIIs net sell shares worth Rs 3,560 crore, DIIs net buy Rs 2,647 crore

Domestic institutional investors (DIIs) net bought shares worth Rs 2,647 crore on December 12, while foreign institutional investors (FIIs) sold shares worth Rs 3,560 crore, provisional data from NSE showed. During the trading session, DIIs bought Rs 13,419 crore and sold shares worth Rs 10,772 crore, and FIIs purchased Rs 14,504 crore in shares while offloading equities worth Rs 18,064 crore.

Open Flip

Join our Smart Investment Community

More than 2 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon