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JM Financial Institutional Securities

Avenue Supermarts IPO oversubscribed 5.71 times on Day 2

The initial public offer of Avenue Supermarts, the operator of retail chain D-Mart, to raise Rs 1,870 crore was oversubscribed 5.71 times on the second day of the offer. According to a PTI report: The IPO, the biggest since PNB...

Parag Milk Foods IPO to hit markets on May 4

The initial public offer of Pune-based dairy product company Parag Milk Foods Ltd will hit the primary market from May 4-6, at a price band of Rs 220-227 per equity share of face value of Rs 10 each. There...

Future Retail Files Papers for Rs 1,600 Cr Rights Issue

Kishore Biyani-promoted Future Retail has filed initial papers with market regulator Sebi to raise up to Rs 1,600 crore through a rights issue, says PTI. As per the draft letter of offer of Future Retail filed with Sebi, the...
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Blur India: Scaling clean beauty to new heights

The brand aims to achieve a revenue target of Rs 12–14 crore in the coming year by expanding its...
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