Business Samachar

Labdhi Lifestyle launches ₹1,000 crore premium commercial project in BKC amid tight supply Posted by Niilesh waghela  Mumbai: Labdhi Lifestyle Limited today announced BKC Edge, a premium Grade-A commercia development at H-Block, Bandra Kurla Complex (BKC), with a gross development value of over ₹1,000 crore, amid high demand and limited supply in Mumbai's mos sought-after business district. BKC Edge offers approximately 2.25 lakh sq. ft. of carpet area. Vacancy in BKC remains near 2-3%, among India's lowest, with rentals trending upward due to limited new supply. Mr. Vikas Jain, CEO, Labdhi Lifestyle Limited, said, "BKC remains one of the country's most resilient commercial districts. BKC Edge is a future-ready, Grade-A asset designed for efficiency, connectivity, and long-term relevance, reflecting our commitment to India's commercial real estate ecosystem." H-Block: BKC's next growth phase Located south of core BKC, H-Block is emerging as the next growth...

Freshara Agro Exports IPO OPENS ON 17TH October  Posted by Shivam Rathod Mumbai: Freshara Agro Exports Limited specializes in export of processed gherkins and pickled vegetables, proposes to open its Initial Public Offering on October 17, 2024, aiming to raise ₹ 75.39 Crore, with shares to be listed on the NSE Emerge platform. The issue size is Up To 64,99,200 equity shares at a face value of ₹ 10 each with a price band of ₹ 110 - ₹ 116 Per Share. The net proceeds from the IPO will be utilized for working capital requirements, capital expenditure, general corporate expenses and issue expenses.  The anchor portion will open on October 16, 2024. The issue will open for public on October 17, 2024 and the issue will close on October 21, 2024.  The Book Running Lead Manager to the Issue is GYR Capital Advisors Private Limited, The Registrar to the Issue is Purva Sharegistry (India) Private Limited. Mr. Junaid Ahmed, Chairman & Managing Director, of Freshara Agro Exports Li...

Phoenix Overseas IPO Opens on   Sept.20th   ●          Total Issue Size – 56,30,000 Equity Shares of  ₹   10   each ●          Fresh Issue Size – 45,80,000 Equity Shares of  ₹   10   each ●          Offer For Sale Size – 10,50,000 Equity Shares of  ₹   10   each ●          Issue Size –  ₹  36.03 Crores (At Upper Band) ●          Price Band –  ₹  61 -  ₹  64 Per Share ●          Lot Size  –  2,000   Equity Shares Posted by NILESH WAGHELA Mumbai – Phoenix Overseas Limited excels in trading and manufacturing agricultural commodities, animal feeds, fashion accessories, and food preservation, proposes to open its Initial Public Offering o...

Bikewo Green Tech   IPO  To Open Tomorrow ●   Fresh Issue Size –  38,86,000  Equity Shares of  ₹   10   each ●    Issue Size –  ₹  24.09 Crores ●   Price Band –  ₹  59 -  ₹  62 Per Share ●   Lot Size  –  2,000   Equity Shares Posted by NILESH WAGHELA  Mumbai –   Bikewo Green Tech Limited, one of the leading electric two-wheeler retailer in India with expertise in the buying and selling of used four-wheelers,   proposes to open its  Initial Public Offering on September 20, 2024 , aiming to raise  ₹  2 4.09 Crores with shares to be listed on the NSE Emerge platform. The issue size is Up To 38,86,000 equity shares at a face value of  ₹  10 each. Equity Share Allocation ●          Qualified Institutional Buyer – Not More Than 1,86,000 Equity Shares ●          Non-Instit...

Get ready for 11 IPO this week  Team 1newsBusiness Mumbai: The last week of March will have 11 IPO openings, of which one in the mainboard and the remaining ten in the SME segment.  In the mainboard category, SRM Contractors is the only  open its bidding for retail investors. The company wants to raise Rs 130.20 crore by offering an entirely fresh issue of 6.2 million shares. The company has kept the price band for the subscription in a range of Rs 200 to 210 per equity share.  In the SME, the first five IPOs will be open for subscription on the first working day of the next week. While three on March 27 and the remaining two on March 28. Trust Fintech will be raising Rs 63.45 by offering 6.3 million shares in the NSE SME segment. The company will be opening the issue on March 26 and ending on March 28. Trust Fintech has kept the issue’s price band between Rs 95 to 101 per equity share. Established in the year 2020, Vruddhi Engineering Works wants to raise Rs 4.76 cr...