Mitul Shah & Associates

Adani raises Rs 1,000 cr, bond issue sold out in 45 mins

Adani Enterprises Limited’s Rs 1,000 crore non-convertible debenture issue was a huge success. It was fully subscribed in under an hour. Investors showed strong confidence. The funds will be used to repay debt and for general corporate purposes. Adani Enterprises continues to expand its infrastructure projects across India.

Indira Ivf and 7 others get nod for IPOs

Sebi has approved IPOs for eight companies, including Indira IVF and Chartered Speed. Chartered Speed plans a ₹855 crore issue, while RKCPL aims for ₹1,250 crore. Several companies, like Indira IVF and Rays of Belief, utilized confidential filings for their IPOs.