ITI withdraws Rs 1,400 crore FPO as issue remains undersubscribedThe FPO was subscribed 62 per cent, as it received bids for around 11.25 crore shares.
ITI FPO subscribed 58%; issue to close todayThe issue has received the most number of bids at a price of Rs 71-72.
ITI further extends FPO to Feb 5; issue subscribed 58% so farServices of public sector banks were impacted as employee unions went on a two-day nationwide strike from Friday to press for wage revision.
- ITI FPO subscription status: Issue subscribed 49% on Day 3
The PSU posted manifold rise in profit at Rs 168.25 crore for December quarter.
ITI cuts FPO price band, extends issue periodThe telecom equipment maker cut the price band to Rs 71-77 per share.
Rs 1,400 crore ITI FPO subscribed 10% at the start of third & last dayThe QIB portion of the issue was subscribed 5 per cent.
ITI’s Rs 1,400 crore FPO subscribed 9% on Day 2The FPO received bids for 1,63,53,450 shares compared with 18,18,00,000 shares on offer.
Telecom gear maker ITI to invest Rs 150 cr to boost solar panel capacityThe company is expecting at least Rs 500 crore from the government in the next fiscal for meeting its various capital expenditure (capex) r...
ITI's Rs 1,400 crore FPO subscribed 6% on Day 1The FPO received bids for 1,01,27,550 shares compared with 18,18,00,000 shares on offer.
ITI FPO kicks off: Key things to knowFunds raised through FPO will be utilised for funding working capital requirements as well as repayment of existing debt.
ITI falls 3% as Rs 1,400 crore FPO kicks offThe company intends to sell its 18 crore shares, including one per cent quota for the employees, in the price bracket of Rs 72 to Rs 77 per...
ITI Ltd to raise Rs 1,400 crore through FPO, use Rs 607 crore for loan repaymentThe issue will open on January 24 and close on January 28, said the company in a statement.
ITI to raise up to Rs 1,400 crore via FPO; price band set at Rs 72-77ITI intends to use the proceeds to fund its working capital requirements for FY2020 and repay loans fully or partially.
ITI FPO to open Friday, looks to raise Rs 1,600 croreThe telecom equipment maker’s issue will close on January 28.
State-owned ITI gets Sebi's nod for FPOIssue proceeds will be used to fund working capital requirements.
ITI files FPO papers with SebiProceeds of the issue will used to fund working capital requirements, repayment of loans and general corporate purposes.
ITI eyeing FPO in July-August: OfficialThe government currently holds 92.59 per cent stake in ITI.