The company will use the IPO proceeds to repay debts and for general corporate purposes. Promoted by Sunjay Kapur, Sona Autocomp and Singapore Topco, Sona Comstar designs and manufactures mission ... ( read original story ...)
Sona Comstar IPO subscribed 3%, retail portion booked 16% on day 1
The public issue received bids for 26,95,860 equity shares against the offer size of over 10.71 crore equity shares, the subscription data available on exchanges showed. ( read original story ...)
Citibank Singapore closing unit that serves small businesses
About 2,000 customers have been told that their deposit accounts will be closed with effect from Aug 11.. Read more at straitstimes.com. ( read original story ...)
Small firms in F&B, retail coping slightly better during heightened alert vs circuit breaker: DBS
Micro and small enterprises in Singapore's food and beverage (F&B) and retail sector are coping better during the phase two heightened alert (HA) versus last year's "circuit-breaker" period, DBS said ... ( read original story ...)
Sona Comstar IPO opens today: Should you subscribe to the issue?
Sona Comstar will launch its initial public offering (IPO) today. The auto component maker plans to raise Rs 5,550 crore through the share sale. The IPO comprises fresh issue of shares amounting to ... ( read original story ...)
Four IPOs to hit markets next week; companies eye Rs. 9,123 crore
The initial public offering (IPO) market is expected to recover due to the launch of initial share-sales by four firms scheduled next week that is expected to raise Rs. 9,123 crore (US$ 1.25 billion) ... ( read original story ...)
F&B, retail micro, small enterprises ‘coping better’ during heightened alert versus circuit breaker: DBS
MICRO and small enterprises in Singapore's food and beverage (F&B) and retail sector are coping better during the Phase 2 Heightened Alert (HA) versus last year's "circuit-breaker" period, DBS said on ... ( read original story ...)
Sona Comstar IPO opens today: Should you take the ride?
The Rs 5,550-crore Sona Comstar IPO consists of fresh issue of Rs 300 crore and an offer for sale of Rs 5,250 crore. The price band is fixed at Rs 285-291/share. Read on to know what the brokerages ar ... ( read original story ...)
Singapore Salary Guide: How The Median Income Has Increased Over The Years (And Why This Figure Really Should Not Matter)
For every Singaporean who wants to know how they are doing compared to everyone else, especially during a pandemic, we can refer to the median income information published by the Ministry of Manpower ... ( read original story ...)
Citibank Singapore’s SME unit to close in August
About 2,000 customers have been told that their deposit accounts will be closed with effect from Aug 11.. Read more at straitstimes.com. ( read original story ...)
Four IPOs to hit markets next week; cos eye Rs 9,123 crore
Auto component maker Sona Comstar's Rs 5,550-crore IPO comprises fresh issue of shares amounting to Rs 300 crore and an offer-for-sale (OFS) aggregating up to Rs 5,250 crore by selling shareholder ... ( read original story ...)
Sona Comstar IPO: Here’s All You Need To Know
The auto-parts maker will sell shares at Rs 285-291 apiece in its three-day initial public offering starting on June 14. ( read original story ...)
4 IPOs to hit markets next week, which one should you invest in?
Shyam Metalics and Energy Ltd and Sona BLW Precision Forgings (Sona Comstar) will launch their IPOs on Monday, while Krishna Institute of Medical Sciences and Dodla Dairy will be open for public ... ( read original story ...)
Sona Comstar IPO | 10 things to know before subscribing the issue
The bidding for the initial public offering of Sona BLW Precision Forgings (Sona Comstar) is set to start on Monday. This is the second-largest IPO in terms of size after PowerGrid InvIT in 2021.The ... ( read original story ...)
Spotify Spotlight: MORE Podcasts You Should Be Listening To Right Now
Last year, we featured local podcasts for you to enjoy during the Circuit Breaker. One year on, we’ve found no lack of podcasts to engage our every interest. So launch the app (s), log in and enjoy. ( read original story ...)
IPO alert : These 4 mainboard issues hit the street next week
The total fund raised by these upcoming four IPOs would be Rs 9,122.92 crore. So far in 2021, 19 IPOs, including those of Brookfield REIT and PowerGrid Infrastructure Investment Trust, have raised ... ( read original story ...)