CIEL HR files papers for IPO, to be 2nd listed HR solutions firm in India

Quick Summary:

The public issue is a mix of fresh issue of shares worth Rs 335 crore and offer for sale of 4.74 million shares, with face value of Rs 2 each equity share.

CIEL HR is promoted by Pandiarajan Karuppasamy, who is chairman and executive director of CIEL HR Group.

Ambit Private Limited, Centrum Capital Limited and HDFC Bank Limited are the Book Running Lead Managers to the issue.

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Article Details

Category: BusinessFinance

Markets: India

Topics: CIEL HR IPOs LISTED Markets HR solutions firm FUNDRAISING

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-20 @ 16:46:20 (4 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 328 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 22 words per sentence (average)

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Copyright Owner: © Business Standard

News ID: 23719263

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