AnyTV News
  • News
    • India
    • Regional
    • World
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Automobiles
  •  
    • Lifestyle
    • Health
    • Education
    • Viral News
    • Agriculture
    • Astrology
    • Election
No Result
View All Result
  • Select Language
    • English
    • हिंदी
    • ગુજરાતી
  • Advertise With Us
Follow us on Google News
AnyTV News
  • News
    • India
    • Regional
    • World
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Automobiles
  •  
    • Lifestyle
    • Health
    • Education
    • Viral News
    • Agriculture
    • Astrology
    • Election
No Result
View All Result
AnyTV News

This company of Anand Rathi Group will bring IPO, GK Energy also submitted papers with SEBI –

by Aaryan Srivastav
December 16, 2024
This company of Anand Rathi Group will bring IPO, GK Energy also submitted papers with SEBI - India TV Hindi

Photo:FILE IPO

The excitement in the IPO market is showing no signs of slowing down. One company after another is coming out with its IPO or submitting papers to SEBI to do so. Now Anand Rathi Group’s ‘brokerage’ arm Anand Rathi Share & Stock Brokers has filed documents with capital markets regulator SEBI to raise Rs 745 crore through an initial public offering (IPO). At the same time, solar energy company GK Energy Limited has also filed documents with market regulator SEBI to raise funds through IPO.

Company provides brokerage service

According to documents filed with SEBI, the proposed IPO will entirely be an issue of new shares worth up to Rs 745 crore. The company can raise Rs 149 crore in the pre-IPO issue. If this issue is completed then the size of the proposed IPO will be reduced. The documents were filed with SEBI on Saturday. According to this, Rs 550 crore raised from the IPO will be used for the company’s long-term working capital requirements and general corporate purposes. Anand Rathi Share & Stock Brokers Limited offers a wide range of financial services including ‘Broking’, ‘Margin Trading’ and distribution of financial products under the brand name ‘Anand Rathi’.

GK Energy will sell new shares worth Rs 500 crore

Solar powered agricultural water pump system provider GK Energy Ltd has filed documents with market regulator SEBI to raise funds through an initial public offering (IPO). According to documents filed with the Securities and Exchange Board of India (SEBI), the company’s proposed IPO is a combination of fresh shares worth Rs 500 crore and an offer for sale (OFS) of 84 lakh shares. The company plans to raise Rs 100 crore in the pre-IPO issue. If this is successful, the size of the proposed IPO may be reduced.

The documents were filed with SEBI on Friday. According to this, Rs 422.46 crore raised from the IPO will be used for long-term capital requirements. The remaining amount will be kept for general corporate purposes. GK Energy Limited provides engineering, procurement and commissioning services for solar powered agricultural water pump systems.

Latest Business News

SendShareShareTweetSharePinShareSend

Related Posts

dsafd
Business

How much impact on India with Strait of Hormuz closure? Understand how the ‘oil game’ will be managed

by Aaryan Srivastav
June 23, 2025
sdafd
Business

Market opened in red mark on the very first day of the week, 700 points rolled down Sensex, Nifty below 25000

by Aaryan Srivastav
June 23, 2025
Indian stock market opened in red mark amid the Middle East crisis
Business

Indian stock market opened in red mark amid the Middle East crisis

by Aaryan Srivastav
June 23, 2025
AnyTV News

AnyTVNews is a prominent digital news channel in India, known for delivering the latest updates on politics, sports, entertainment, and local events. The channel’s dedicated team of journalists and reporters ensures that viewers receive accurate and timely information from every corner of country. AnyTVNews has built a reputation for its fast and reliable news service, making it a trusted source for the people of India. The channel’s programs and news bulletins are highly popular among viewers, establishing AnyTVNews as a significant player in the news landscape.

CONNECT WITH US

TRENDING TOPICS

  • Agriculture
  • Astrology
  • Automobiles
  • Business
  • DIY
  • Education
  • Election
  • Entertainment
  • Gadgets
  • Health
  • India
  • Internet
  • Lifestyle
  • Mobile
  • News
  • Opinion
  • Politics
  • Regional
  • Sports
  • Technology
  • Uncategorized
  • Viral News
  • World

READ NEWS IN

  • Hindi
  • Gujarati
  • English

FOLLOW US ON

Follow us on Google News
  • About Us
  • Advertise With Us
  • Disclaimer
  • DMCA Policy
  • Privacy Policy
  • Contact Us

© 2024 AnyTV News Network All Rights Reserved.

No Result
View All Result
  • Select Language
    • हिंदी
    • ગુજરાતી
  • News
    • India
    • Regional
    • World
  • Business
  • Politics
  • Sports
  • Entertainment
  • Technology
    • Mobile
    • Gadgets
    • Internet
  • Lifestyle
  • Health
  • Automobiles
  • Education
  • Viral News
  • Agriculture
  • Astrology
  • Election
Follow us on Google News

© 2024 AnyTV News Network All Rights Reserved.