The Company is primarily engaged in the manufacturing of BioFuel which is an alternative source of energy and has the ability to replace a good substitute of traditional fossil fuels.
Since it is a very complex process to raise money via IPO due to many technicalities with respect to price band or other investment banker issue, private companies have started to prefer SPAC.
Around 25 companies are aiming to raise money through initial share sales in Oct and Nov. It is to be noted that a large portion of the funds would be garnered by technology-driven companies.
The Initial Public Offering (IPO) is a very important point at which an unlisted company decides to go public for the first time by publicly listing its shares and selling its stocks to the investors.
The offer comprises of a fresh issue of Rs 9,000 crore and the sale of shares worth Rs 375 crore by existing investors. Rs 6,745 crore will be used to fund the company’s organic and inorganic growth initiatives.
We are living in an era where there is mad rush of competition. We are so much focused on this rate race that we forget that our mind is the most important part of our body and it needs healing too
Deduction of tax at source on payment of certain sum for purchase of goods
Intellectual property refers to the creations of the human mind such as inventions, literary and artistic works, symbols, names, images and designs used in commerce.
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