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The Laxmi India Finance IPO, open for bidding from July 29 to 31, is a book-built offering with a price band of Rs 150158 per share. The issue includes a fresh equity issuance of 1.04 crore shares aggregating Rs 165.17 crore and an OFS of 56.38 lakh shares valued at Rs 89.09 crore by existing shareholders.
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Varun Beverages' shares surged following an impressive 5% year-on-year increase in profit after tax, reaching 1,325.49 crore for the first quarter of FY26. Despite a slight dip in revenue and domestic sales volume pressures, the company's strong performance was bolstered by margin expansion and operational efficiencies.
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Aditya Infotechs Rs 1,300 crore IPO, a fresh issue of 1.93 crore shares, is open from July 29 to 31 with a price band of Rs 640675 per share. Strong grey market signals suggest healthy listing gains for the electronic security equipment distributor.
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