Business Standard

Saturday, December 21, 2024 | 10:41 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

PDS Ltd News

These 5 stocks from Mukul Agrawal portfolio can gain up to 27%

Dishman Carbogen, PDS, Lux Industries, Intellect Design and J Kumar Infraprojects can rally up to 27% from here on suggests technical charts. Track key support and resistance levels here.

These 5 stocks from Mukul Agrawal portfolio can gain up to 27%
Updated On : 11 Dec 2024 | 2:43 PM IST

PDS raises Rs 430 cr through QIP, subscription exceeds 2 times issue size

PDS Ltd, a fashion sourcing and manufacturing platform serving global leading brands and retailers, on Wednesday said it has raised Rs 430 crore through qualified institutional placement. The company has successfully completed the QIP raising Rs 430 crore (around USD 51 million). The QIP attracted robust interest from institutional investors, with a subscription exceeding two times the issue size, PDS Ltd said in a statement. "This fund raise enables PDS to accelerate its growth journey of expanding into new markets and categories, as well as diversifying its sourcing regions through brownfield investments, all while maintaining a robust balance sheet," the company said. "This funding will be pivotal in propelling our expansion efforts, driving innovation, and expanding our global footprint into new and exciting markets," PDS Executive Vice Chairman Pallak Seth said. PDS Ltd is a fashion infrastructure platform offering product development, sourcing, manufacturing, and distribution

PDS raises Rs 430 cr through QIP, subscription exceeds 2 times issue size
Updated On : 28 Aug 2024 | 4:26 PM IST