The company's net worth stood at Rs 22.12 billion at the end of March 2017
The company plans to use the proceeds for repayment and advance payment of certain loans and other general corporate purposes
The IPO comprised of a fresh issue fundraising worth Rs 950 million and offer for sale worth Rs 3.29 billion
The company had raised over Rs 1.27 billion from anchor investors on Monday
The company had raised over Rs 1.27 billion from anchor investors on Monday
Amber Enterprises IPO is aiming to raise Rs 6 billion
According to merchant banking sources, the company is expected to raise Rs 7 billion through the IPO
The institutional portion of the IPO was subscribed 104 times
Price band for the offer has been fixed at Rs 270-275
The group has vigorous growth plans for all verticals in the coming years
Apollo Micro Systems on Tuesday raised nearly Rs 470 million from anchor investors
The company is evaluating options of listing in London, Dubai or Muscat: Sources
Ascent Capital, IDG Ventures, Vistra ITCL and SAP Ventures are investors in Newgen Software
The year 2017 also reaped bumper returns to investors. Out of 132 companies listed in 2017, 39 closed at 20 per cent upper circuit limit on the first day of listing
At present, the International Finance Corporation holds about 4.9% stake in Bandhan Bank
The current financial year so far has seen nearly 150 companies tapping the capital market with their IPOs
The issue includes a reservation of up to 6.95 lakh equity shares for eligible employees
A record-setting rally in Indian equities helped fuel the unprecedented IPO haul
The ongoing fiscal has witnessed the highest IPO activity since 2007-08, when companies had mopped up Rs 52,219 crore through the route
The company had planned an IPO of Rs 2,800 crore in 2010, but it was shelved due to a weak stock market