This allows our sites to recognize your device from those of other users on our sites. The other tracking technologies work similarly to cookies and place small data files on your devices or monitor your website activity to enable us to collect information about how you use our sites. What are Cookies and Other Tracking Technologies?Ī cookie is a small text file that can be stored on and accessed from your device when you visit one of our sites, to the extent you agree. This cookie policy should be read together with our Privacy Policy.īy continuing to browse or use our sites, you agree that we can store and access cookies and other tracking technologies as described in this policy. This cookie policy explains how and why cookies and other similar technologies may be stored on and accessed from your device when you use or visit websites that posts a link to this Policy (collectively, “the sites”). understands that your privacy is important to you and we are committed for being transparent about the technologies we use. Check Business Breaking News Live on Zee Business Twitter and Facebook. Get Latest Business News, Stock Market Updates and Videos Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. ICICI Prudential Mutual Fund (MF), Quant MF, Edelweiss MF, Motilal Oswal MF, Nippon India MF, Aditya Birla Sun Life Insurance Company, Aurigin Master Fund and Bengal Finance and Investment Pvt Ltd are among the anchor investors.ĭivgi plans to use the proceeds from IPO to meet the company's capital expenditure needs for the acquisition of equipment for its manufacturing facilities and other general business objectives.ĭivgi offers top-tier torque transfer and transmission solutions to OEMs for utility, passenger, commercial, electric, and agricultural vehicles in India and around the world.
It distributed 31.43 lakh equity shares to 12 funds at 590 per share. The IPO was projected to bring in a little bit more than 412 crore at the upper end of the price range.Īhead of IPO, Divgi raised over Rs 185 crore from anchor investors. The IPO included an offer for sale (OFS) of up to 39,34,243 shares and a fresh issue of up to 180 crore rupees. According to data, in response to the Rs 412 crore offer, which had 38,41,800 shares available and a price range of 560-590 per share, bids were received for 2,08,87,225 shares.
0 kommentar(er)
