India Pesticides IPO subscribed 4.79 times so far on last day

The initial public offering (IPO) of India Pesticides, one of India’s leading agrochemical manufacturers, has been subscribed 4.79 times so far on June 25, the last day of the bidding process. The public issue received bids for 9.25 crore equity shares against the IPO size of 1.93 crore equity shares. The portion…

Delhivery IPO plans puts spotlight on logistic firm; TCI, Mahindra Logistics, Gati shares rally

The proposed initial public offering (IPO) by the Gurgaon-based logistics tech startup – Delhivery, has provided a much-needed fillip to the logistic services sector. Several companies namely, Blue Dart, Gati, and Gateway Distripark are witnessing increased investor interest following Delhivery’s plan to sell a…