Defense electronics solutions provider C2C Advanced Systems will open its Rs 99-crore initial share sale for subscription on November 22. The issue will close on November 26.It is a book-built issue comprising solely of a fresh issue of 43.83 lakh equity shares by the company. The price band for the IPO has been fixed at Rs 214-226 per share.
Open FlipLamosaic India has decided to launch its fixed-price public issue for subscription on November 21. This would be the second IPO in the SME segment opening next week, before C2C Advanced Systems' initial share sale.The company targets to raise Rs 61.2 crore through its initial public offering of 30.6 lakh equity shares at Rs 200 per share.
Open FlipState Bank of India plans to borrow up to $1.25 billion, in what would be the largest dollar-denominated loan from the country’s financial sector this year, according to people familiar with the matter. CTBC Bank, HSBC Holdings Plc and Taipei Fubon Bank are arranging the five-year loan, which carries an interest margin of 92.5 basis points over the risk-free Secured Overnight Financing Rate.
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