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Day 2: Infibeam's Rs 450-cr IPO subscribed 63 pc

On the second day of the offer, the share-sale programme of Infibeam Incorporation, the first e-commerce firm to tap the IPO route, was subscribed 63 per cent. The Rs 450-crore IPO received bids for 79,01,634 shares against the total issue...

Infibeam to raise Rs 450 crore via IPO

Online shopping portal Infibeam is expected to raise Rs 450 crore via IPO on March 21.For the IPO, it has fixed the price band at Rs 360-432 per equity. It will become the first e-commerce firm to tap the...
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Indus Valley Cosmetics to Invest ₹40 Crores in R&D

The brand aims to enhance the visibility of its flagship product ‘Organic Gel Hair Colour’ through nationwide advertising and...
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