Published 1 month ago

SEBI Returns IPO Papers Of Diffusion Engineers; Rays Power Withdraws DRHP For Public Offer

Summary by Ground News

Rays Power Infra has withdrawn its draft red herring prospectus filed with Sebi. The proposed IPO of Diffusion Engineers is purely a fresh issue of up to 98,47,000 equity shares with a face value of Rs 10 each. The company was planning to use the IPO proceeds for the expansion of its manufacturing facility.

0 Articles

All

Left

Center

Right

NDTV Profit

SEBI Returns IPO Papers Of Diffusion Engineers; Rays Power Withdraws DRHP For Public Offer

Capital markets regulator SEBI has returned the draft red herring prospectus of engineering solutions provider Diffusion Engineers.Meanwhile, Rays Power Infra has withdrawn its draft red herring prospectus filed with Sebi for raising funds through an initial public offering.According to an update on SEBI's website on Tuesday, the market regulator returned Diffusion Engineers's DRHP on March 7, without giving reasons for the same.The proposed IPO…

1 month ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Stories disproportionately reported by the Left or the Right

Ground News Article Assistant

Not enough coverage to generate an Article Assistant.

Coverage Details

Total News Sources0

Leaning Left0Leaning Right0Center0Last Updated1 month agoBias Distribution

No sources with tracked biases.

Bias Distribution

There is no tracked Bias information for the sources covering this story.

Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)

SEBI Returns IPO Papers Of Diffusion Engineers; Rays Power Withdraws DRHP For Public Offer

0 Articles

0 Articles

SEBI Returns IPO Papers Of Diffusion Engineers; Rays Power Withdraws DRHP For Public Offer

SEBI Returns IPO Papers Of Diffusion Engineers; Rays Power Withdraws DRHP For Public Offer

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics