Business

Delhivery IPO: Softbank, Carlyle may possibly possibly also fair cut their OFS allotment by 40%

MUMBAI: Private equity funds such as SoftBank and Carlyle may reduce their offer for sale (OFS) portion anywhere between 30-40% during the initial public offering (IPO) of Delhivery, India’s largest fully integrated logistics company, according to bankers. The reduction in the OFS size is expected to be from Rs 2,460 crore earlier to around Rs…

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2 years ago

May 3, 2022

Shrishti

Delhivery IPO: Softbank, Carlyle may possibly possibly also fair cut their OFS allotment by 40%

MUMBAI: Non-public fairness funds equivalent to SoftBank and Carlyle may possibly possibly also fair cut their provide for sale (OFS) allotment anywhere between 30-40% all the plot in which by the initial public offering (IPO) of Delhivery, India’s greatest fully integrated logistics company, essentially based fully fully on bankers. The reduction within the OFS measurement is anticipated to be from Rs 2,460 crore earlier to around Rs 1,300-1,400 crore…
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Business

Main person cos to proceed capex

Several leading consumer facing companies including Hindustan Unilever, Britannia, Voltas, Havells, Blue Star and Titan Company are going to continue their high capital expenditure (capex) and expansion this fiscal as that in FY23, senior executives told ET and analysts in recent earning calls.Much of the capex is ear-marked for new factories…

Published

1 year ago

May 16, 2023

Shrishti

A lot of main person facing companies together with Hindustan Unilever, Britannia, Voltas, Havells, Blue Smartly-known person and Titan Company are going to proceed their excessive capital expenditure (capex) and growth this fiscal as that in FY23, senior executives informed ET and analysts in contemporary incomes calls.Much of the capex is ear-marked for ticket spanking contemporary factories…
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