: BIZ SCAN #finance #StockMarketNEWS #Business SBI distributes rainwear to Police department Panaji: State Bank of India, Panaji Module under CSR activity, distributed 600 rainwear for Goa Police

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SBI distributes rainwear to Police department



Panaji: State Bank of India, Panaji Module under CSR activity, distributed 600 rainwear for Goa Police at the hands of Mukesh Kumar Meena, DGP, Goa Police on August 4, 2021. Naveen Kumar Gupta , DGM (B&O), Panaji Module, in his address appreciated the service provided by the Police department in this pandemic and ensuring safety to citizens of Goa during tough times. Meena thanked SBI for this noble cause. The function was also attended by Rajesh Kumar IG, Goa Police, other Senior Police officials and Dynaeshwar Thakre, Regional Manager, SBI, North goa. NT



Leading cement company Nuvoco Vistas’s  IPO to open on August 9



MUMBAI: Nuvoco Vistas Corporation Limited (“Nuvoco Vistasâ€? or the “Companyâ€?), the fifth largest cement company in India and the largest cement company in East India in terms of capacity and one of the leading ready mix concrete manufacturers in India, is proposing to open its initial public offering of Equity Shares on August 9, 2021 and close on August 11, 2021. The price band for the Offer has been determined at Rs 560 – Rs 570 per Equity Share.   Minimum Bid Lot is 26 Equity Shares and in multiples of 26 Equity Shares thereafter.   The total Offer size is up to Rs 5,000 crore with a fresh issuance of Equity Shares, aggregating up to Rs 1,500 crore and an offer for sale of Equity Shares aggregating up to Rs 3,500 crore, by Niyogi Enterprise Private Limited (the “Promoter Selling Shareholderâ€?).   ICICI Securities Limited, Axis Capital Limited, HSBC Securities and Capital Markets (India) Private Limited, JP Morgan India Private Limited and SBI Capital Markets Limited are the book running lead managers to the Offer. The company’s leadership team is led by Hiren Patel, Chairman and Non-Executive Director and Jayakumar Krishnaswamy, Managing Director. NT



Aptus Value Housing Finance IPO   to open on August 10



MUMBAI: Aptus Value Housing Finance India Limited, one of the largest housing finance companies in South India in terms of asset under management, as of March 31, 2021 (Source: CRISIL Report) and having the largest branch network in South India among the peer set, as of March 31, 2021 (Source: CRISIL Report), will open its initial public offering of Equity Shares (the “Offerâ€?) on August 10, 2021 and close on August 12, 2021. The price band for the Offer is at Rs 346 – Rs 353 per Equity Share.   Minimum Bid Lot is 42 Equity Shares and in multiples of 42 Equity Shares thereafter.   The Offer comprises of a fresh issuance of Equity Shares, aggregating up to Rs 5,000 million and an offer for sale of Equity Shares aggregating up to 64,590,695 Equity Shares by the Selling Shareholders.

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