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TCNS OPEN OFFER
After robust IPO response, Unicommerce GMP signals a bumper listing on TuesdayThe company set the IPO offer price between Rs 102 and Rs 108 per share, with allotment based on the upper range. While the grey market pre...- Unicommerce Esolutions IPO opens for subscription. Should you bid?IPO GMP, Subscription and Price Details: Unicommerce Esolutions opened its IPO for subscription, presenting an OFS of up to 2.56 crore shar...
- Unicommerce eSolutions to float IPO on August 6. Check key detailsThe IPO consists of an offer for sale (OFS) of up to 2.56 crore shares with a face value of Re 1 per share. Under the OFS, AceVector Ltd an...
- Aditya Birla Fashion acquires 51% stake in TCNS Clothing, becomes promoterAs per the deal, it acquired TCNS Clothing's founding promoter's stake through an SPA (Share Purchase Agreement), followed by an open offer.
- TCNS Clothing shares crash 19% as Aditya Birla Fashion to acquire majority stakeAditya Birla Fashion & Retail's acquisition of a 51% stake in TCNS Clothing has led to a 19% drop in the latter's stocks. ABFRL aims to acq...
- Aditya Birla Fashion to raise up to ₹800 crore for TCNS acquisition"For funding, we probably need about ₹700 to 800 crore through external debt, which we will have to raise... The remaining ₹800 crore will ...
- Bulls return to D-Street! Sensex climbs over 700 points, Nifty tops 18,200From the Sensex pack, IndusInd Bank, Power Grid, Kotak Bank, Tata Motors and HDFC were the top gainers
- Aditya Birla Fashion to acquire 51% stake in TCNS Clothing for Rs 1,650 crAs part of the transaction, ABFRL will make a conditional open offer to acquire up to 29% stake at Rs 503 per share from public shareholder...
- Aditya Birla Group leads race to add W owner to cartNykaa also in running for TCNS Clothing. Promoters and PE Firm TA Associates looking to exit their 61% stake.
- Retailers overcome slow start, to grow in double digits in Q4"Target segment's disposable income is higher than what it was two years ago, which is causing consumption to go up," Shoppers Stop managin...
- Direct-to-home shopping: From Levi's to Bata, brands have found a way to beat Covid bluesOver a dozen top brands and retailers such as Levi's, Puma, Bata, Benetton, W for Woman, Metro, Lifestyle and Inorbit Malls are routinely d...
- July sees 11 PE exits worth $376 million: EYAccording to the report, there were eight exits worth $352 million in July last year.
- After Market: RIL’s new high; pain for Mindtree & HindalcoNSE’s Nifty50 index slipped below the 11,000 mark to end 23 points down at 10,957.
- TCNS Clothing to list on bourses on MondayThe initial public offer (IPO) of the women's apparel maker was subscribed 5.27 times overall.
- RBI meet, Q1 earnings among 8 key factors that may guide market next weekCentral banks such as RBI, Fed, BoE and BoJ will announce their money policy this week.
- TCNS Clothing IPO subscribed 5.25 times on final dayPrice band for the offer, which opened on Wednesday, has been set at Rs 714-716 per share.
- After Market: 24 stocks in oversold zone; Bandhan Bank has dream runShares of City Union Bank ended 1 per cent lower after 14.1 lakh shares traded in a block deal.
- PE firm Kedaara Capital acquires 10% in ethnic brand Manyavar's ownerThe valuation of Vedant at Rs 4,000-4,500 crore is almost at par with that of Fabindia when it sold a stake to Infosys co-founder Nandan Ni...
- TCNS Clothing eyeing Rs 1,000 crore sales by fiscal 2017Contemporary ethnic wear firm TCNS Clothing, which owns the W brand, aims to double its sales to Rs 1,000 crore by 2017.
- Everstone buys minority stake in fashion house Ritu Kumar for Rs 100 croreThe ethnic retailer is the latest in women’s wear brands to have received risk capital funding in the past year.
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