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Robust retail participation in IPOs and huge listing gains were among the major highlights of the previous financial year
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The issue will be a complete offer for sale of 1,15,08,704 equity shares of face value of Rs 5 each by promoter and investor selling shareholders.
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The repayment of debt will result in significant savings in the finance cost.
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The initial public offer by Macrotech Developers got fully subscribed on the last day of the bidding process on Friday.
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Ace investor Rakesh Jhunjhunwala has subscribed to Macrotech Developers IPO on the first day of public offer on April 7
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The Rs 2,500-crore Macrotech Developers IPO received bids for 1,26,56,070 shares against 3,64,18,219 shares on offer
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The Clean Science IPO is entirely an offer for sale by existing promoters and other shareholders, according to draft red herring prospectus
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Shriram Capital plans to reduce its debt from the proceeds of its proposed IPO
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Fundamentally strong stocks make for sound long-term investing. Track record through market cycles, not IPO greed, should be the mantra
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Macrotech Developers has fixed a price band of Rs 483-486 for the upcoming public offer