08-02-2022 03:47 PM | Source: Accord Fintech
PKH Ventures gets SEBI’s go-ahead to raise funds via IPO
PKH Ventures has received the Securities and Exchange Board of India’s (SEBI) approval to float an initial public offering (IPO). IPO consists of fresh issuance of over 1.82 crore and an OFS of 98.31 lakh equity shares by its promoter. The equity shares are proposed to be listed on BSE and NSE.
Proceeds of the issue will be used to invest in subsidiaries -- Halaipani Hydro Project and Garuda Construction -- funding long-term working capital requirements, for funding strategic acquisitions and investments, among others. IDBI Capital and BoB Capital Markets are the lead managers to the issue.
PKH Ventures manages restaurants, bars, food stalls, lounges, parking spaces, ticket counters, etc, at airports.
Latest News
Cabinet approves Rs 79,156 crore for tribal communities
Indian pharmaceuticals sector likely to log revenue ...
Transwarranty Finance shines on getting nod to raise...
Africa Aerospace and Defense 2024 opens in South Africa
Pre-orders for `made in India` iPhone 16 surges, set...
Tilaknagar Industries rises on getting nod to invest...
Sell Kapas Apr @ 1640 SL 1655 TGT 1620-1610. NCDEX -...
Buy Dhaniya Oct @ 7200 SL 7100 TGT 7300-7400. NCDEX ...
Sell Naturalgas Sep @ 196 SL 200 TGT 192-188. MCX - ...
Sell Zinc Sep @ 268 SL 271 TGT 265-263. MCX - Kedia ...