LIVE TV
ZEE Business
ZEE BUSINESS
हिंदी में पढ़ें  हिंदी में पढ़ें
Live TV
Live TV
  • India
    • Economy
    • Politics
    • Markets
  • World
    • Economy
    • Politics
    • Markets
  • Companies
    • Auto
    • Banking & Financial Services
    • Pharma
    • Energy
    • Infrastructure
    • Media
    • IT
    • Telecom
    • Consumer Products
    • Aviation
    • FMCG
  • Personal Finance
    • Income Tax Calculator
    • Personal Loan Calculator
    • Car Loan Calculator
    • Home Loan Calculator
  • Mutual Funds
  • Technology
  • Automobile
    • Cars
    • Bikes
  • Small Business
    • SME
    • Startups
  • videos
  • photos
  • Authors
  • More ...
    • VIDEOS
    • PHOTOS
    • AUTHORS
Home » India News

Godrej Agrovet to start stock mkt innings on Monday

  • Twitter
  • Facebook
  • Linkedin
  • whatapp
Updated: Fri, Oct 13, 2017
02:39 pm
PTI
RELATED NEWS
RBI surprises by keeping repo rate unchanged, slashes growth forecast; read experts' views RBI surprises by keeping repo rate unchanged, slashes growth forecast; read experts' views
Down, down they go: Emerging central banks deliver more rate cuts Down, down they go: Emerging central banks deliver more rate cuts
2.10 cr tax refunds of Rs 1.46 lakh cr till Nov 28: CBDT 2.10 cr tax refunds of Rs 1.46 lakh cr till Nov 28: CBDT
Modi Govt moves Taxation Bill in Lok Sabha to lower tax rate option Modi Govt moves Taxation Bill in Lok Sabha to lower tax rate option

Godrej Agrovet will start its stock market innings on Monday after successfully concluding the initial public offer (IPO) last week.

The Rs 1,157 crore IPO was a huge hit and oversubscribed 95.41 times during October 4-6.

The portion meant for qualified institutional buyers (QIBs) was oversubscribed 150.96 times, non institutional investors 236.04 times and retail investors 7.67 times, as per NSE data.

The issue comprised fresh issue of shares worth Rs 291.51 crore besides an offer for sale worth up to Rs 300 crore by Godrej Industries and sale of up to 1.23 crore shares by V- Science.

The price band was fixed at Rs 450-460 per share.

Proceeds of the IPO would be utilised towards repayment of loans and other general purposes.

Kotak Mahindra Capital Company, Axis Capital and Credit Suisse Securities (India) Pvt Ltd managed the company's issue.

The shares are proposed to be listed on BSE and NSE.

Godrej Agrovet is an agri-business company with operations across five verticals - animal feed, crop protection, oil palm, dairy, poultry and processed foods.

 

(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)

TAGS:
Economy
Next Article

NEXT STORY: HPCL starts selling lubricants in Myanmar

RELATED NEWS
RBI surprises by keeping repo rate unchanged, slashes growth forecast; read experts' views RBI surprises by keeping repo rate unchanged, slashes growth forecast; read experts' views
Down, down they go: Emerging central banks deliver more rate cuts Down, down they go: Emerging central banks deliver more rate cuts
2.10 cr tax refunds of Rs 1.46 lakh cr till Nov 28: CBDT 2.10 cr tax refunds of Rs 1.46 lakh cr till Nov 28: CBDT
Modi Govt moves Taxation Bill in Lok Sabha to lower tax rate option Modi Govt moves Taxation Bill in Lok Sabha to lower tax rate option
Tax, policy rate cuts will spur recovery in 2020: Report Tax, policy rate cuts will spur recovery in 2020: Report

LATEST NEWS

EPFO alert! Good news to come soon for pensioners of Employees Pension Scheme (EPS) 95?

Jewar Airport: Aviation boost, urban infra colossal catalyst and massive jobs galore - What is in store for Noida, Greater Noida and Delhi region

Maruti Suzuki: Rise! Car production goes up in November - Here are all the details

Big action by Modi government! Income Tax Dept raids share brokers, traders in Mumbai, Delhi, Noida, Hyderabad and other locations - This is the reason

Panipat Box Office Collection: Low numbers! Check Day 1 earnings of Sanjay Dutt, Arjun Kapoor and Kriti Sanon movie

Indian Railways: Spectacular achievement! Thousands benefitted! Free WiFi at 5,500 stations

Pati Patni Aur Woh Box Office: Bull's eye! Wins youngistaan, family audience; all round growth

Panipat Box Office Collection: Upward trend! Mumbai circuit performs best - Check total earnings

Delhi Fire Tragedy: 43 killed; dozen others injured - What was the exact cause?

Stock Market Outlook: These factors may influence BSE, NSE this week - Predictions by share bazaar experts

  • India News
  • World News
  • Companies News
  • Market News
  • Personal Finance News
  • Technology News
  • Automobile News
  • Small Business News
  • Income Tax Calculator
  • Live TV
  • Videos
  • Photos
  • Author
  • Rss Feed
  • Advertise with us
  • Privacy Policy
  • Legal Disclaimer

Latest Trending Updates

  • EPFO Pension
  • Income Tax Return
  • Hyundai Venue
  • NPA
  • Home Loan

Trending Topics

  • Income Tax
  • 7th Pay Commission
  • Reserve Bank of India
  • PACL Refund Claim Online
  • GST
  • income Tax Calculator

Follow us on

zeebiz
zeebiz

Partner Sites

  • Zee News
  • Hindi News
  • Marathi News
  • Bengali News
  • Tamil News
  • Malayalam News
  • Gujarati News
  • Telugu News
  • Kannada News
  • DNA
  • WION
Copyright © Zee Media Corporation Ltd. All rights reserved