Shri Bajrang Power and Ispat gets Sebi's go ahead to float Rs 700 cr IPO #ipo #stockmarket #shorts

Share this & earn $10
Published at : September 06, 2021

Shri Bajrang Power and Ispat gets Sebi's go-ahead to float Rs 700 cr IPO #ipo #stockmarket #shorts

Leading integrated steel company Shri Bajrang Power and Ispat Ltd has received capital markets regulator Sebi's go-ahead to raise Rs 700 crore through an initial share sale.

The initial public offer (IPO) consists of the issue of equity shares aggregating up to Rs 700 crore, according to the draft red herring prospectus (DRHP).

Shri Bajrang Power and Ispat Ltd (SBPIL), which filed its draft papers with Sebi in July, obtained its observations on August 26, an update with the regulator showed on Monday.

To join our Telegram Channel: https://t.me/MarketAlerts2021 Shri Bajrang Power and Ispat gets Sebi's go ahead to float Rs 700 cr IPO #ipo #stockmarket #shorts
Stocks market for beginnersStock Market Analysis. Stocks in newsBasics of Stock Market