NEW DELHI: The bankruptcy court has ordered admission of a Gurgaon-based real estate developer under the corporate insolvency resolution process (CIRP) in an application filed by IDBI Trusteeship Services after the company defaulted on its debts of around Rs 274 crore.The Chandigarh bench of the National Company Law Tribunal (NCLT) has also appointed Jayant Prakash […]
The initial public offering (IPO) of Bharat Coking Coal Limited (BCCL) will open for bids on Friday, January 8 and close on January 13. The Rs 1,300 crore issue will be entirely an offer for sale (OFS) with promoter Coal India (CIL) selling up to 46.57 crore shares.Bidding for anchor investors opens on Thursday, January […]
Gujarat-based Vidya Wires’ Rs 300-crore initial public offering (IPO) received a strong response on the first day of subscription and was booked more than twice. The issue attracted bids for shares of Rs 9.98 crore against the offered shares of Rs 4.33 crore, reflecting robust interest from both retail and non-institutional investors.On the gray market, […]