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KP Green Engineering SME IPO subscribed 5.83 times on Day 2

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The SME Initial Public Offering of KP Green Engineering  Limited  was subscribed 5.83 times  on the second day of bidding. The issue  re ceived bids of 5,48,23,000 shares against the offered 94,10,000 equity shares, at a price band of ₹137-144, according to the data available on the stock exchange. Retail Portion and Non-Institutional Investors Portion was subscribed 8.15 times and 5.62 times respectively, whereas Qualified Institutional Buyer Portion was subscribed 1.97 times. The  issue kicked off for subscription on Fri day, March 15, 2024  and will close on Tuesd ay, March 19, 2024 . A day prior to the opening of the issue, KP Green Engineering Ltd had raised Rs 54 crores from anchor investors. Foreign and Domestic Institutions who participated in the anchor were Bofa Securities Europe Sa – Odi, Nav Capital Vcc – Nav Capital Emerging Star Fund, Lc Radiance Fund Vcc, Finavenue Capital Trust – Finavenue Growth Fund, Nova Global Opportunities Fund Pcc – Touchstone, Zeal Global Opportu

Flipkart Foundation Teams Up with Kineer Services; Fosters Inclusion through Employment Opportunities for the Transgender Community and other LGBTQ+ Individuals

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The aim of the collaboration is to equip the transgender community with essential skills tailored to meet the demands of the job market With a target of skilling 300 LGBTQ+ individuals, the ‘Trans-formation’ project aims to facilitate the placement of participants through dignified employment opportunities New Delhi -  March 18, 2024 :   Flipkart Foundation, the charitable arm of the Flipkart Group, has collaborated with Kineer Services, an organization advocating for gender sensitization, to launch ‘ Trans-formation’ , an initiative aimed at uplifting the marginalized transgender community and other members of the LGBTQ+ spectrum. Through this collaboration, the project endeavors to provide comprehensive skills training to 300 transgender and LGBTQ+ individuals, with the goal of facilitating the successful job placement through dignified employment opportunities. Operating across Delhi and Mumbai, this collaborative effort underscores a dedication to nurturing livelihood creation and

Fourth Edition of FEF India Fashion Awards X WION drive dialogue on sustainable fashion pathways

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The partnership between FEF India Fashion Awards and WION has ignited compelling discussions revolving around the Approach Document to Vision Paper. This strategic framework sets the stage for propelling Indian Textiles and Fashions to global eminence, with a strong emphasis on sustainability. These discussions highlight the pivotal role played by various stakeholders within the textile and fashion ecosystem. From grassroots artisans to forward-thinking designers and industry leaders, each entity contributes uniquely to the sector's vibrancy and growth trajectory. Notably, integrating educational and research institutions brings an invaluable dimension of innovation and knowledge-sharing to the forefront. By nurturing talent and driving impactful research initiatives, these institutions are catalysts for pushing boundaries and driving progress within the industry. Furthermore, the Vision Paper emphasizes the need to strike a harmonious balance between meeting the diverse demands of

Lokdhuncafe by Supriya Joshi Celebrates a Night of Bharatiya Folk Melodies

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Mumbai, India - March 15, 2024 - Lokdhuncafe by Supriya Joshi, known for its dedication to cultural festivities, proudly hosted a mesmerizing evening dedicated to the rich tapestry of Folk Melodies of Bharat.  Located in the heart of Mumbai, this event served as a heartfelt homage to the diverse folk traditions that resonate throughout the nation. Lokdhuncafe welcomed enthusiasts and patrons to join in an unforgettable musical journey, celebrating India's vibrant cultural heritage. The enchanting ambiance of the Nehru Centre Auditorium in Mumbai provided the perfect setting for the event, which commenced on March 15, 2024,  Friday, at 7:30 PM.  Attendees were treated to an immersive experience curated by Supriya Joshi, a distinguished figure in the realm of Indian folk music.  With a deep commitment to preserving and promoting the indigenous musical traditions of India, Joshi crafted an evening that transcended boundaries, inviting audiences to lose themselves in the timeless rhyth

Shri. Ashwini Vaishnaw, Honorable Minister for Railways, Communications, Electronics & Information Technology unveiled a financial upgradation scheme for Gramin Dak Sevaks (GDSs) of the Department of Posts

Shri. Ashwini Vaishnaw, Minister for Railways, Communications, Electronics & Information Technology, today unveiled a financial upgradation scheme to improve service conditions and remove stagnation in service of more than 2.56 lakhs Gramin Dak Sevaks (GDSs) working in the Department of Posts. GDSs serve as the backbone of the Department of Posts in rural areas and play a vital role in delivering postal and financial services to the remotest part of our nation.   KEY FEATURES OF THE GRAMIN DAK SEVAKS (GRANT OF FINANCIAL UPGRADATION) SCHEME, 2024. Every Gramin Dak Sevak will get three financial upgradations on completion of 12, 24 and 36 years of service amounting to Rs. 4,320/-, Rs. 5,520/-, and Rs. 7,200/- per annum respectively.  This is in addition to the remuneration provided to GDS in the form of ‘Time Related Continuity Allowance (TRCA)’. In a significant step to improve the service conditions of GDS, this scheme is expected to benefit more than 2.56 lakh GDSs and remove sta

Hon’ble Union Minister Shri Piyush Goyal graces commencement ceremony of Bharat Ratnam - Mega Common Facility Centre in SEEPZ Mumbai for Gem & Jewellery Industry

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India’s First Mega CFC for the Gems and Jewellery Industry at SEEPZ dedicated to the Nation   The Bharat Ratnam-Mega CFC heralds a new era of Make in India and Design in India, says Shri Piyush Goyal, adding,  Bharat Ratnam symbolises the Government’s commitment to driving innovation, economic growth, and technological progress. National, 15 th  March 2024:  India’s first Mega Common Facility Centre opens in SEEPZ SEZ Mumbai for the gem & jewellery industry. Shri Piyush Goyal, Hon. Union Minister for Commerce & Industry, Consumer Affairs, Food & Public Distribution and Textiles, Govt of India, graced the commencement ceremony of Bharat Ratnam, India's pioneering Mega Common Facility Centre (CFC) situated in SEEPZ SEZ, Mumbai. Bharat Ratnam - Mega CFC stands as a pioneering socio-economic project, promoted by the Ministry of Commerce and Industry, a project run by GJEPC, with active support by SEEPZ SEZ. Present on the momentous occasion were Shri Kirit Bhansali, Vice Ch

KP Green Engineering Limited raises Rs. 54 crore from Anchor Investors

Mumbai, March 14, 2024:  KP Green Engineering   Limited manufacturer of fabrication and hot-dip galvanized steel products and other infrastructure solution products  has  garnered Rs. 54 crores from anchor investors ahead of its initial public offering that opens for public subscription on Friday, March 15,  2024 . The company informed the bourses that it allocated 37,50,000 equity shares at Rs. 144 per equity share on Thursd ay, March 14,  2024, to anchor investors. Foreign and Domestic Institutions who participated in the anchor were Bofa Securities Europe Sa – Odi, Nav Capital Vcc – Nav Capital Emerging Star Fund, Lc Radiance Fund Vcc, Finavenue Capital Trust – Finavenue Growth Fund, Nova Global Opportunities Fund Pcc – Touchstone, Zeal Global Opportunities Fund, Zinnia Global Fund Pcc – Cell Dewcap Fund, Ag Dynamic Funds Limited, Morgan Stanley Asia (Singapore) Pte, Silver Stride India Global Fund, Negen Undiscovered Value Fund, Beacon Stone Capital Vcc - Beacon Stone, Galaxy Noble