Ashok holani - Latest News Update, Information, Photos & Videos on Ashok holani at Lokmat Times

Tier II City based Investment Banker Holani Consultants Private Limited successfully lead managed Maiden Right Issue of 3rd Largest Tile manufacturing company in India ASIAN GRANITO INDIA LIMITED.The Right Issue size was 224.64 Cr and opened for subscription on 23rd September 2021 and closed on 7th October 2021. The issue was oversubscribed by 1.13%, and applications for Rs 255.67 Cr received in the right issue till 4.00 PM on 7th October 2021.The right issue in terms of the fund raised was 3rd largest Right Issue in the fiscal year 2021 and the first right issue under the Ceramic industry since the fiscal year 2010.The issue was attractively priced at Rs.100/- against the CMP of Rs.170 per share, which resulted in overwhelms responses from the investors. As of the record date 7th September 2021, Asian Granito India Limited has 62000+ shareholders, and most of the them subscribed to the offer. Also, there was a huge demand for the Rights entitlements of the company, and during the limited period of trading of rights entitlements, around 58 lacs rights entitlements hands were changed at an average price of 38 to 39 per share.Speaking to the occasion, Ashok Holani, Director of Holani Consultants Private Limited, said that HCPL has entered into the merchant banking business in the year 2018 and since then have successfully fund raised 325 Cr for its clients. He further added that their company is always thriving to bring the best quality companies in the capital market under their investment banking arm. Holani further added that in the current financial year, HCPL is managing three mainboard IPO and 3 SME IPOS and all are scheduled to hit the markets in the current financial year.This story is provided by PNN.will not be responsible in any way for the content of this article. (ANI/PNN)( With inputs from ANI )Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Home

City

Latest News

Cricket

LT Premium

National

International

Maharashtra

Opinions

Chhatrapati Sambhajinagar

Nagpur

Entertainment

Photos

Business

Technology

Sports

Lifestyle

Social Viral

Lokmat Games

Health

Narendra Modi

Lok Sabha Election 2024

Heatwave In India

Mumbai Water Cut

Maharashtra Lok Sabha Election

IPL 2024

Ashok HolaniFOLLOW

Ashok holani, Latest News

Business :Infollion Research Services' IPO opens on 29th May 2023

PNN Mumbai (Maharashtra) [India], May 25: Infollion Research Services Limited, a leading company operating in the B2B Human Cloud ... ...

Business :The IPO of Shera Energy Ltd. received applications worth Rs.1567 crore

Jaipur (Rajasthan) [India], February 11: The IPO of Shera Energy Limited, the only company in the country to produce ... ...

Business :The IPO of Shera Energy Ltd received applications worth Rs 1567 crore

The IPO of Shera Energy Limited, the only company in the country to produce wires and strips made of non-ferrous metals like copper, aluminum and brass under one roof, has been successful in garnering wide support from investors on Thursday. Against ...

Business :Jaipur based Holani Consultants set record by managing 224cr rights issue of AGL

Tier II City based Investment Banker Holani Consultants Private Limited successfully lead managed Maiden Right Issue of 3rd Largest Tile manufacturing company in India ASIAN GRANITO INDIA LIMITED. ...