Morgan Stanley sold over 7.58 lakh shares worth Rs 45 crore in stock market debutant Ajax Engineering on Monday. The shares were offloaded at a price of Rs 588.74 per share via a block deal. Morgan Stanley sold shares in the company via Morgan Stanley IFSC Fund. Ajax Engineering got listed today at a discount…
Hexaware Technologies will launch its Rs 8,750-crore IPO with a price band of Rs 674-708 per share. The IPO is a pure offer for sale (OFS), with promoter Carlyle offloading its stake. The IPO will open for public subscription from Wednesday, February 12 to Friday, February 14. This will be the largest IPO by an…
The primary market will see 8 new IPOs opening for subscription next week including six in the SME segment. Apart from these new issues, the Street will also witness six listings. In the mainboard segment, Ajax Engineering and Hexaware Technologies will be launched for public bidding. Here’s what to look forward to on the IPO…