Golden opportunity to invest in IPO, Sebi nod for 2,400 crore IPO to Keffin Technologies


Photo: FILE IPO

financial services platform Kefin Technologies has been approved by the Indian Securities and Exchange Board (SEBI) to raise Rs 2,400 crore through an initial public offering (IPO). বাজ্র সুর্রন ন্র্র্ব্যার ক্র্য ক্র্যান্য. The company filed its IPO documents with market regulator SEBI on March 31 this year. According to the documents, the IPO of 2,400 crore rupees is based on an initial public offering (OFS) by the promoter General Atlantic Singapore Fund Pte Ltd. को निर्गम से को आय प्रत्त नहीं होगी. Sources said that Sebi has approved the initial share sale of Caffeine Technologies.

Kotak Mahindra Bank also bought shares

केफिन का स्थावर्ण General Atlantik द्वरा में में में कोशोन के है है. It has a 74.94 percent stake in the company. Last year Mahindra Bank bought a 9.98 percent stake in the company. The company’s shares are proposed to be listed on BSE and NSE.

Fivestar Business Finance’s IPO submission

Non-banking financial company Fivestar Business Finance’s initial public offering (IPO) is on Wednesday. According to data available on the NSE, bids were received for 7,21,742 shares of 3,04,88,966 shares offered under the IPO. Retail individual investors bid for 4.30 lakh shares. 2.55 lakh shares have been bid for in the category of institutional buyer (QIB). The IPO will close on 11 November. Fivestar Business Finance has set a price range of 450 to 474 rupees per share for the IPO. Fivestar Business Finance Limited raised Rs 588 crore from anchor investors on Monday.

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