It would allot 18,19,501 equity shares to 23 anchor investors at a price of Rs 1,650 per share.

Earlier this month, the bourse received approval from capital market regulator SEBI for its IPO. The issue will be an offer of shares for s...

The IPO will see sale of 6,065,009 equity shares by existing shareholders.

The company offloaded its stake in IEX to a non-resident investor for Rs 103 crore, valuing the energy exchange at Rs 2,500 crore.

When contacted, Vishal Gupta, managing director, Bessemer Venture Partners India, confirmed the sale of stake in IEX to TVS Capital.

FTIL said it will fully exit IEX by selling its entire stake to a clutch of investors, including TVS Shriram Growth Fund, for Rs 576.84 cro...

The CERC's decision came on a plea filed by Financial Technologies (India) Ltd seeking more time to complete the divestment process.

Jignesh Shah-led FTIL is in process of divesting its stake in stocks & energy exchanges after it was declared unfit by SEBI, FMC & CERC.

Though as many as nine prospective buyers have taken the bid document, only Kedaara Capital had signed the Non Disclosure Agreement (NDA) w...

FTIL has appointed Axis Capital to scout for buyers to sell its 24.89 per cent stake in India’s largest power exchange

Uday Kotak is said to be eyeing an opportunity in Financial Technologies, with the knowledge that Kotak Mahindra Bank is interested in pick...

The trading session for RECs in July featured 770 market participants and of them, 610 entities participated in the nonsolar segment.

To ensure optimum utilisation of electricity, Chief of country's largest power exchange IEX Jayant Deo has suggested different pricing of p...

Financial Technologies (India) Ltd, a leading technology provider for exchanges, today said it has sold nearly 7 per cent stake in the grou...

Indian Energy Exchange (IEX) jointly promoted by Financial Technologies Group (FTIL) and Power Trading Corp (PTC) is likely to be operation...

Electricity trading volume on the New Delhi-based Indian Energy Exchange (IEX), is expected to cross the Rs 40,000-crore mark in the next f...

The Central Electricity Regulatory Commission (CERA) has approved the setting up of a national power exchange for electricity trading.