Fedbank Financial Services Announces IPO Dates, Targets ₹7,400 Crore | Old North State Wealth News
Connect with us

US News

Fedbank Financial Services announces IPO dates, targets ₹7,400 crore



© Reuters.

The commercial vehicle sector is gearing up for a record-breaking year, while significant changes are unfolding in the tech world. Fedbank Financial Services has announced that its initial public offering (IPO) will commence tomorrow and run through Saturday, aiming to capitalize on the current IPO excitement by listing on major exchanges. The offering encompasses five separate issues, with a combined target of raising ₹7,400 crore.

As the financial sector watches Fedbank’s move, the commercial vehicle industry is also making headlines with projections indicating a potential record revenue year in FY24 due to robust sales forecasts.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Read the full article here

Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *


Copyright © 2022 ONSWM News. Content posted on the Old North State Wealth News page was developed and produced by a third party news aggregation service. Old North State Wealth Management is not affiliated with the news aggregation service. The information presented is believed to be current. It should not be viewed as personalized investment advice. All expressions of opinion reflect the judgment of the authors on the date the articles were published. The information presented is not an offer to buy or sell, or a solicitation of any offer to buy or sell, any of the securities discussed.