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IndiaMart IPO set to hit market on June 24, price band at Rs 970-973

Wednesday, June 19, 2019, 4:14 PM

IndiaMart InterMesh, the country's biggest online B2B marketplace for business products, is going to hit the capital markets with an initial public offering on June 24. The company will offer around 48.88 lakh shares of face value of Rs 10 each in the price band of Rs 970-973 per share. The issue will close on June 26.
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Penna Cement Industries gets Sebi nod for Rs 1,550-cr IPO

Tuesday, June 4, 2019, 4:16 PM

Penna Cement Industries has got markets regulator Sebi's go ahead for its Rs.1,550-crore IPO. The IPO of Penna Cement comprises fresh issue of up to Rs.1,300 crore and an offer for sale of up to Rs.250 crore by the company's promoter, PR Cement Holdings Limited. In November last year, Penna Cement Industries had filed draft papers with Sebi to raise Rs.1,550 crore through IPO.
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IndiaMart aims to raise Rs 3,250 crore via IPO

Sunday, April 21, 2019, 7:14 PM

E-commerce firm IndiaMart expects to maintain a compounded annual growth rate (CAGR) of 29 per cent for the next two years, mainly on account of big brands joining the platform, a top company official said. The business-to-business (B2B) company, which is in the process of getting listed, posted revenue of Rs 429 crore in 2018-19 and operating profit of Rs 46 crore.

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