Taksheel Solutions to launch Rs80-crore IPO on 29th Sept

Taksheel Solutions’s IPO will close on 4th October

IT service provider Taksheel Solutions will launch its Rs80 crore initial public offering on 29th September. The price band for the issue has not been fixed yet.

The Hyderabad-based firm, which offers IT products and services to financial services and telecom companies, plans to use Rs22 crore from the IPO proceeds for acquiring firms in a similar line of business, chairman and managing director Pavan Kumar Kuchana said. The IPO will close on 4th October, he added. TSL, which intends to issue 5.5 million shares through a fresh issue, intends to use proceeds to set up two software development centres, acquisitions and other corporate purposes. PNB Investment Services, a unit of Punjab National Bank, is the book running lead manager.

The equity shares of the issue are proposed to be listed on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE).

User

Edelweiss Mutual Fund floats Fixed Maturity Plan-91 Days-Series 3

Edelweiss Mutual Fund new issue closes on 15th September

Edelweiss Mutual Fund has launched Edelweiss Fixed Maturity Plan-91 Days-Series 3, a close-ended income scheme.

The investment objective of the scheme is to generate regular income through investment in debt and money market instruments maturing on or before the maturity date of the scheme.

The new issue closes on 15th September. The minimum investment amount is Rs5,000.

User

Daiwa Mutual Fund unveils Fixed Maturity Plan-3M-Series 2

Daiwa Mutual Fund new issue closes on 21st September

Daiwa Mutual Fund has launched Daiwa Fixed Maturity Plan-3M-Series 2, a close-ended income scheme.

The investment objective of the scheme is to generate income and capital appreciation by investing in a portfolio of debt and money market instruments having maturity on or before the date of maturity of the plan(s).

The new issue closes on 21st September. The minimum investment amount is Rs5,000.

User

We are listening!

Solve the equation and enter in the Captcha field.
  Loading...
Close

To continue


Please
Sign Up or Sign In
with

Email
Close

To continue


Please
Sign Up or Sign In
with

Email

BUY NOW

The Scam
24 Year Of The Scam: The Perennial Bestseller, reads like a Thriller!
Moneylife Magazine
Fiercely independent and pro-consumer information on personal finance
Stockletters in 3 Flavours
Outstanding research that beats mutual funds year after year
MAS: Complete Online Financial Advisory
(Includes Moneylife Magazine and Lion Stockletter)