Bse Price Band
Yatharth Hospital IPO on Jul 26, sets price band at Rs 285-300/share
Yatharth Hospital & Trauma Care Ltd has set a price band of Rs 285-300 per share for its initial share sale, which will open for public subscription on July 26, according to market sources. The public issue will conclude on July 28 and the bidding for anchor investors will open on July 25, according to the red herring prospectus (RHP). The IPO comprises a fresh issue of equity shares aggregating up to Rs 490 crore and an offer-for-sale (OFS) of up to 65.51 lakh equity shares by the company's promoters and promoter group entities. The firm intends to utilize the net proceeds for repayment of debt, funding capital expenditure expenses, funding inorganic growth initiatives through acquisition and other strategic initiatives, and for general corporate purposes. At the upper end of the price band, the issue is expected to fetch Rs 677 crore and at the lower end Rs 687 crore. Half of the issue size has been reserved for qualified institutional investors, 35 per cent for retail investors
 "Yatharth Hospital IPO on Jul 26, sets price band at Rs 285-300/share")
BSE clarifies on Add-on Price Band Framework; check new rules here
The new rules for mid-, small-cap stocks shall be applicable from August 23, 2021
 "BSE clarifies on Add-on Price Band Framework; check new rules here")
BSE to phase out weekly and monthly price bands for stocks
Move aimed at aligning the periodic price band mechanism with the new graded surveillance measures
 "BSE to phase out weekly and monthly price bands for stocks")
