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At the upper band of the issue price, the stock is valued at 1.10 times its book value as of December 2021 and seven times its annualised earnings of FY22.SynopsisOf the total IPO amount, nearly two-thirds are a fresh issue of shares that…

NEW DELHI: Three initial public offers (IPOs) will hit the primary market next week in order to raise a total of Rs 2,387 crore. The first IPO is by a fertilizer company Paradeep Phosphates, which will open on Tuesday, May 17. The IPO by…

New Delhi: Fertiliser company Paradeep Phosphates Ltd will come out with its initial public offering on May 17 and the price band has been fixed at Rs 39-42 per share. Through the Initial Public Offering (IPO), which will conclude on May…