In Short : Prostarm Info Systems’ ₹168 crore IPO was subscribed 12.65 times by Day 2, driven by strong retail and non-institutional investor interest. The issue, priced at ₹95–₹105 per share, closes on May 29. Despite declining grey market premium, demand remains robust. Funds raised will support working capital, debt repayment, and expansion, as the […]
Azure Power’s Rights Issue open for subscription – EQ Mag Pro
EBENE, Mauritius : Azure Power Global Limited (NYSE: AZRE), a leading independent sustainable energy solutions provider in India, announced today that its rights offering opened today for subscription to raise proceeds of up to $249,938,599. Pursuant to the rights offering, each shareholder of the Company will receive one non-transferable subscription right (a “Right”) for each […]
