Stay informed with the latest news stories from May 16th, covering corporate earnings, political developments, and noteworthy incidents. From financial performance updates of Mahindra and Mahindra and HAL to allegations against Kejriwal’s aide and the arrest of Bhavesh Bhide, these top news items provide a comprehensive overview of the day’s events.
Energy Mission Machineries IPO, opening for subscription on May 9th and closing on May 13th, aims to raise around ₹ 41 crore. The shares will be listed on NSE SME’s Emerge platform, with a price band of ₹ 131-138. The share allotment will be finalized on May 14th, and the listing is expected to occur on May 16th.
Winsol Engineers Limited’s initial public offering (IPO) commenced on May 6th. The IPO will conclude on May 9th, with the allotment of shares expected to be finalized on May 10th and listing on the NSE SME on May 14th. The company offers integrated engineering, procurement, construction, and commissioning services for Balance of Plant (BoP) Solutions for solar and wind power generation firms.
JNK India Limited’s initial public offering (IPO) opened for subscription on April 23 and will close on April 25 with a price band of ₹395 to ₹415 per equity share. The company aims to raise approximately ₹649.47 crore through this IPO, including ₹300 crore from the issuance of fresh shares and ₹349.47 crore from the offer for sale (OFS).
