Qbiz: makemytrip buys ibibo for $720 mn; gst rate slabs defined
Qbiz: makemytrip buys ibibo for $720 mn; gst rate slabs defined"
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7. PNB HOUSING FINANCE’S RS 3,000 CRORE IPO TO OPEN ON 25 OCTOBER PNB Housing Finance, a subsidiary of Punjab National Bank, aims to raise Rs 3,000 crore through an initial public offering
that will open for subscription on 25 October and close two days later. The company is offering around 4 crore shares at a price band of Rs 750-775 per share. Currently, Punjab National Bank
is the majority shareholder of the housing finance company with a 51 percent stake, while private equity firm Carlyle Group owns the remainder through its arm Destimoney Enterprises Pvt
Ltd. The Carlyle Group’s shareholding is a total of 6.2 crore equity shares, which it acquired at an average price of Rs 113.6 per share. Read the full BloombergQuint report here.
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Qbiz: makemytrip buys ibibo for $720 mn; gst rate slabs defined7. PNB HOUSING FINANCE’S RS 3,000 CRORE IPO TO OPEN ON 25 OCTOBER PNB Housing Finance, a subsidiary of Punjab National B...
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