Ambey Labs plans to raise funds via IPO; to open for subscription on July 4

Q: How long will it take to read this news story?

The story "Ambey Labs plans to raise funds via IPO; to open for subscription on July 4" has 354 words across 16 sentences, which will take approximately 2 - 3 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Ambey Labs plans to raise funds via IPO; to open for subscription on July 4" was covered 2 days ago by Business Standard, a news publisher based in India.

Q: How trustworthy is 'Business Standard' news outlet?

Business Standard is a fully independent (privately-owned) news outlet established in 1975 that covers mostly business and finance news. The outlet is headquartered in India and publishes an average of 253 news stories per day. It's most recent story was published 2 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #21443133</li><li>URL: https://beamstart.com/news/ambey-labs-plans-to-raise-17198453954601</li></ul>

Business Standard Logo Business Standard 2d ago

Ambey Labs plans to raise funds via IPO; to open for subscription on July 4 - Business Standard

Quick Summary:

The IPO is a combination of a fresh issue of 62.58 lakh equity shares worth up to Rs 42.55 crore and an offer for sale of up to 3.12 lakh shares aggregating to Rs 2.12 crore by selling shareholder Sarina Gupta.

Agrochemical manufacturer Ambey Laboratories on Monday said it plans to raise Rs 44.68 crore through its initial public offer, which will open for public subscription on July 4.

The company has fixed the price band for its initial public offering (IPO) at Rs 65-68 per share.