Vivid Electromech’s IPO, aiming to raise Rs 130.54 crore, opened for subscription on Wednesday. The company plans to utilize funds for a new manufacturing unit, debt repayment, and working capital. The issue includes both fresh equity and an offer for sale by promoters. Grey market indicators suggest a flat listing.
Recent Posts
- Zerodha co-founder Nithin Kamath’s warning to investors: This is not the market to take big bets
- UBS downgrades Indian stocks to Neutral as Iran war raises energy supply risks
- CMPDI IPO allotment: Did you receive Coal India subsidiary’s shares? Check status, GMP, issue timeline
- Dividend alert! TVS Holdings announces Rs 86 interim dividend; check record date
- Bitcoin Worth $35 Million Tied To Drug Dealer Moves After A Decade Of Dormancy, Reports On-Chain Analytics Firm—Who Gained Access?