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Excellent Wires and Packaging debuted on the NSE SME platform at Rs 85, a 5.56% discount from its IPO price, despite strong subscription interest. The company focuses on wire manufacturing and packaging solutions.
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IREDA Share Price: Shares of Indian Renewable Energy Development Agency rose 4.4% on the BSE after receiving government approval to raise Rs 4,500 crore through a Qualified Institutions Placement. The company reported a net profit of Rs 384 crore for the June quarter, marking a 30% increase from the previous year.
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Kalana Ispat's SME IPO will open for subscription today and close on September 23. The company aims to raise Rs 33 crore by offering shares at Rs 66 each. The funds will be used for capital expenditure, including a solar power plant and rolling mill setup. Shares are expected to list on September 26.
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News and Media
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