Representative Image The initial public offering (IPO) of Baazar Style Retail was subscribed 7.6 times on Day 3 of the bidding process after sailing through on the second day, driven by strong demand from Non-institutional investors. Around noon, the quota reserved for retail individual investors (RIIs) was subscribed 5.5 times. The issue was subscribed 22…
Value fashion retailer Baazar Style Retail Ltd on Thursday said it has collected Rs 250 crore from anchor investors, a day before its initial share-sale opening for public subscription. Ashoka India Equity Investment Trust Plc, Volrado Venture Partners Fund IV Gamma, HSBC Global Investment Funds, Allianz Global Investors Fund, Al Mehwar Commercial Investments LLC, HDFC…
Lenders to Bombay Rayon Fashions have rejected all the resolution plans received for various assets of the textile manufacturer. The Mumbai-based company has admitted liabilities of ₹7,234 crore, including ₹6,690 crore financial dues. In March, over a dozen companies including Lalbhai Group-promoted Arvind, as well as entities of the Donear Group, Welspun Group and JM…
