Skip to main content

Adani bets on big funds for Rs 20,000 cr FPO

Institutional investors are fully backing the Rs 20,000-crore follow-on public offer (FPO) for Adani Enterprises (AEL) even though the stock is below the offer price. However the company is not sure how retail investors will look at the issue at the current market price. However, it is confident some high net worth and ultra-high net worth investors (UHNIs) will participate in it.

Institutional investors are fully backing the Rs 20,000-crore follow-on public offer (FPO) for Adani Enterprises (AEL) even though the stock is below the offer price. However the company is not sure how retail investors will look at the issue at the current market price. However, it is confident some high net worth and ultra-high net worth investors (UHNIs) will participate in it. from Times of India https://ift.tt/NX6JRbG
Labels:

Comments

Post a Comment

Popular posts from this blog

Amazon adds a 'warning' label for these iPhone cases, here’s why

Apple launched FineWoven iPhone cases with the iPhone 15 series. Amazon added a 'Frequently returned item' label to caution buyers. Prices for 'used' cases reduced, and users have mixed opinions. Tech journalist Joanna Stern shared a negative experience with the case. Apple launched FineWoven iPhone cases with the iPhone 15 series. Amazon added a 'Frequently returned item' label to caution buyers. Prices for 'used' cases reduced, and users have mixed opinions. Tech journalist Joanna Stern shared a negative experience with the case. from Times of India https://ift.tt/y6k3r2m
Post a Comment
Read more

Drunk Bihar school teacher announces 'holiday', tells students to go home

A teacher in Bihar's Rohtas district allegedly declared a holiday while under the influence of alcohol, instructing all students to go home. The education department has taken action against the teacher. It is worth noting that Bihar has been under total prohibition since April 2016, with the consumption, sale, and supply of alcohol completely banned. A teacher in Bihar's Rohtas district allegedly declared a holiday while under the influence of alcohol, instructing all students to go home. The education department has taken action against the teacher. It is worth noting that Bihar has been under total prohibition since April 2016, with the consumption, sale, and supply of alcohol completely banned. from Times of India https://ift.tt/X3GjzQ0
Post a Comment
Read more