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KRN Heat Exchanger IPO GMP: The company proposes to use the net proceeds from the IPO for investment in wholly-owned subsidiary KRN HVAC Products for setting up a new manufacturing facility at Neemrana, Alwar, in Rajasthan. The remaining amount will be used for other general corporate purposes.
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EaseMyTrip Share Price: Shares of travel aggregator Easy Trip Planners, owner of EasyMyTrip, surged by 6.4% to a days high of Rs 36.49 on the BSE as investors seized the opportunity following the offloading of a stake by the companys promoter, Nishant Pitti, for Rs 920 crore. Pitti sold 24,65,49,833 (24.65 crore) shares for a total value of Rs 920.06 crore, with the shares traded in a price range of Rs 37.22 to Rs 38.28, according to NSE bulk deal data.
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HDFC Bank has acquired a stake worth Rs 1 crore in the SME IPO of Sahasra Electronics Solutions, representing 35,600 equity shares in the company ahead of its public offering. Sahasra Electronics Solutions, which specializes in electronics solutions for system design and manufacturing, raised approximately Rs 53 crore in the anchor round prior to the IPO launch.
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