The Rs 2,533.66 crore IPO comprised an offer for sale (OFS) of 4.32 crore shares, with no fresh issue component. As the offering was entirely an OFS, the company will not receive any proceeds from the IPO. Instead, the proceeds will go to the existing shareholders selling their stakes.
The Rs 2,533.66 crore IPO comprised an offer for sale (OFS) of 4.32 crore shares, with no fresh issue component. As the offering was entirely an OFS, the company will not receive any proceeds from the IPO. Instead, the proceeds will go to the existing shareholders selling their stakes.
<iframe src="https://hindustansphere.com/embed/cluster/82d14b01138fa44e47f06fcfaa3e444d440b1b2f" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Bonfiglioli Transmissions shares to list today: Check GMP ahead of debut"></iframe>
