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Ellenbarrie Industrial Gases raises Rs 256 crores from Anchor Investors

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Mumbai, June 23, 2025: Ellenbarrie Industrial Gases has garnered Rs. 255.76 crores from anchor investors ahead of its initial public offering that opens for public subscription on Tuesday, June 24, 2025. The company informed the bourses that it allocated 63,93,938 equity shares at Rs. 400 per share on Monday, June 23, 2025, to anchor investors. Some of the marquee Institutions that participated in the anchor includes Nippon India Mutual Fund, HDFC MUTUAL FUND, Axis Mutual Fund, HDFC Life Insurance company Limited, TATA MUTUAL FUND, WHITEOAK etc Last week, Ellenbarrie issued 62,50,000 equity shares to Motilal Oswal Mutual Fund through a secondary sale (pre-IPO placement) at a price of Rs 400 per share (including a premium of Rs 398), in consultation with the lead bankers. The transaction, amounting to Rs 250 crore, represents 4.43% of the company’s pre-offer share capital. Out of the total allocation of 63,93,938 equity shares to the anchor investors, 36,92,333 equity shares were alloc...
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Indogulf Cropsciences Limited’s Initial Public Offering to open on Thursday, June 26, 2025, price band set at ₹105/- to ₹111/- per Equity Share

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Mumbai, June 23, 2025: Indogulf Cropsciences  Limited has fixed the price band of   ₹105/-  to   ₹111/-  per Equity Share of face value ₹10/- each for its maiden initial public offer. The Initial Public Offering (“ IPO ” or  “Offer” ) of the Company will open on  Thursday, June 26, 2025 , for subscription and close on  Monday, June 30, 2025 . Investors can bid for a minimum of 135   Equity Shares and in multiples of 135   Equity Shares thereafter. The IPO is a mix of fresh issue of up to Rs 160 crore and an offer for sale up to 15,40,960 equity shares by Om Prakash Aggarwal (HUF), and up to 20,62,643 equity shares by Sanjay Aggarwal (HUF). The proceeds from the fresh issue to the extent of Rs 65 crore will be used for funding working capital requirements of the company; Rs 34.12 crore for repayment/prepayment, in full or in part, of certain outstanding borrowings availed by the Company; Rs 14 crore for Capital expenditure of the Company ...
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Indian Missions Celebrate International Yoga Day with Great Fervor Across the World

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Mumbai/New Delhi — Along with various locations across India, the 11th International Yoga Day was celebrated with great enthusiasm around the world on  21st June . From the United States to Russia, China, the United Kingdom, France, Japan, Qatar, Australia, and various cities across Africa, thousands of people participated in mass yoga sessions, paying tribute to this ancient Indian discipline. Special yoga camps were also organized at the United Nations offices in New York and Geneva, with enthusiastic participation from both people of Indian origin and locals. Indian missions around the world organized special yoga sessions during this time, where thousands learned unique techniques from yoga experts. At New York’s iconic Times Square, hundreds gathered and pledged to incorporate yoga into their daily lives. At the United Nations headquarters in New York, renowned yoga guru Deepak Chopra led a meditation session that saw over 1,200 participants. India’s Permanent Representative t...
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India Launches Operation Sindhu Amid Escalating Iran-Israel Tensions

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Mumbai – In response to the evolving situation between Iran and Israel, the Indian Government has launched Operation Sindhu to ensure the safety of its citizens. This is following a series of advisories issued earlier by the Indian Embassy in Tehran, efforts are now underway to relocate Indian nationals, including students, from high-risk zones to safer areas. As part of the operation, the Ministry of External Affairs (MEA) confirmed that  110  Indian students were evacuated from northern Iran on 17th June 2025. They were assisted by the Indian Embassy in safely crossing into Armenia by road, under the supervision of Indian missions in both Iran and Armenia. The students then traveled to Yerevan, the Armenian capital. On the morning of 19th June, the students arrived in New Delhi, where they were received by the Minister of State, Kirti Vardhan Singh. The Indian Government expressed its deep appreciation to the Governments of Iran and Armenia for their cooperation in facilitat...
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RRP S4E Innovation Ltd and Optix Bulgaria Forge Strategic Partnership to Strengthen ‘Atmanirbhar Bharat’ and ‘Make in India’ Vision

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Mumbai, India – June 20, 2025 – In a landmark move that underscores India's vision of self-reliance and indigenous defence manufacturing, RRP S4E Innovation Ltd , a fast-growing Indian electro-optics company, is set to sign a Memorandum of Understanding (MoU) with Optix Bulgaria , global pioneers in advanced electro-optics solutions. The MoU, to be formalized on June 20 , marks a historic moment for RRP S4E Innovation Ltd, paving the way for the Transfer of Technology (ToT) for a new generation of cutting-edge defence products, including: Ultra Lightweight Thermal Sights Extended Long-Range Surveillance Systems Handheld Thermal Imagers (HHTIs) Optix Bulgaria brings deep expertise, having mastered all its product offerings through in-house R&D. Their innovations are battle-tested and globally respected. With this collaboration, the companies aim to introduce advanced thermal technologies never before deployed in the field — offering high performance at a competitive cost . O...
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Gujarat based Rajputana Stainless refiles DRHP for IPO

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Gujarat-based Stainless-Steel Company Rajputana Stainless Limited, engaged in the business of manufacturing of long and flat stainless-steel products comprising of billets, forging ingots, rolled black bar, rolled bright bar, flat & patti and other ancillary products under the brand name of “ RSL ”, has refiled its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) to raise funds through Initial Public Offering (IPO). The Company had filed its IPO papers with Sebi on December 30, 2024. The IPO, with a face value of Rs 10, is a mix of fresh issue of shares up to 14.65 million equity shares and an offer-for-sale of up to 6.25 million shares by Shankarlal Deepchand Mehta. The proceeds from the fresh issue to the extent of Rs 18.31 crore funding capital expenditure requirements in relation to the setting up of the Proposed Facility; Rs 98 crore for full or part repayment and/or prepayment of certain outstanding sec...
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Oswal Pumps shares debut on the exchange

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Mumbai,  June 20, 2025 :  Shares of Oswal Pumps Limited debut on the exchange. The scrip listed Rs 632 per share on BSE, a premium of 2.93%, and Rs 634 per share on NSE, a premium of 3.26%. The company's share price closed at Rs 624.90 per share on the BSE, a 1.78% premium, and at Rs 624 per share on the NSE, a 1.63% premium. As per NSE, the total quantity traded stood at 163.75 lakh shares, on BSE the total Quantity stood at 14.52 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 1,135.48 crore. The Market Capitalization of the Company at  today ’s closing price stood at Rs. 7,122.45 Crore as per BSE and Rs. 7,112.19 Crore as per NSE. The company had offered Rs 1387.34 crore issue for subscription from June 13 to June 17. This garnered substantial interest, and the offer was subscribed 34.42 times. Qualified Institutional Buyer Portion was subscribed 88.08 times. Non-Institutional Investors Portion and Retail Portion were subscribed 36.69 times and 3.6...
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