The first IPO of Indian Railways Finance this year, the company will raise Rs 4,633 crore

The first IPO of Indian Railways Finance this year, the company will raise Rs 4,633 crore

New Delhi: The new IPO season of 2021 is starting next week. The first Initial Public Offer (IPO) will open on January 18 and close on 20. Indian Railway Finance Corporation (IRFC) will raise Rs 4,633 crore from the IPO. Its price range has been fixed at 25 to 26 rupees. The second IPO Indigo Paints will open on 20 and close on 22.

The application can apply for 575 shares is
IRFC government company. In this, you can apply for at least 575 shares. 575 shares are held in one lot. A maximum of 13 lots can be applied. A total of 178 crore shares will be issued. Indian Railway Catering Tourism Corporation (IRCTC), a railway company, has already launched an IPO. Rail Development Corporation's IPO is also coming soon.

Sequoia will sell stake in Indigo Paints Indigo Paints,
a company in the paints sector, has set a target of raising Rs.1000 crores from the IPO. Sequoia Capital holds a major stake in Indigo Paints. Last week, SEBI approved it for an IPO. The company will issue shares for Rs 300 crore. 58.40 lakh shares will be issued through Offer for Sale (OFS). Sequoia Capital and promoters Hemant Jalan will sell their stake in it. The IPO of Indigo Paints will be managed by Kotak Mahindra Capital Company, Edelweiss Financial Services and ICICI Securities.

The amount will be spent on the expansion of manufacturing The
company will use the proceeds from the IPO to expand the manufacturing unit at Pudukkottai in Tamil Nadu and for general corporate operations. The Pune-based company had three manufacturing units up to September quarter, located in Rajasthan, Kerala and Tamil Nadu. Let us know that in 2020 a total of 16 companies had launched IPOs, under which 31 thousand crore rupees were raised. Earlier in 2019, 17 companies raised a total of Rs 17,500 crore through IPO.


Amazon Republic vs Flipkart Big Savings Day Sale: huge discounts on smartphones to other products, here's the complete list

Amazon Republic vs Flipkart Big Savings Day Sale: huge discounts on smartphones to other products, here's the complete list

E-commerce giant Amazon and Flipkart have announced this year's mega sale. From 20 January, the sale will go live on both websites, which will run till 23 January. Prime members can take part in the sale here on the same day i.e. January 19. At the same time, if you talk about the Flipkart Big Savings Day Sale, it is starting from January 20, which will run till January 24. The e-commerce platform is offering discounts on smartphones, tablets, TVs and other electronic products.

Customers can also take advantage of bank offers during the sale. There will be 10 percent discount on SBI credit card and credit EMI. If you use Bajaj Finserv EMI card, you will get no cost EMI, while customers will also get discount on Amazon Pay ICICI Credit Card, Amazon Pay Letter and Select Debit-Credit Cards. Flipkart is offering 10 percent discount on HDFC cards and EMI transmissions here.

What's cheap for you on Flipkart Big Savings

You can buy the recently launched Moto G 5G at Flipkart Big Savings Day Sale for Rs 18,999. The smartphone was launched for Rs 20,999. Moto G is said to be the cheapest 5G phone in India, which has brought Snapdragon 750G in India for the first time.

Customers can buy Samsung Galaxy F41 for Rs 13,999. You will also get a discount of 1000 rupees in the discount. The smartphone has a 6000mAh battery, it has Exynos 9611 processor, Super Amoled display and triple camera.

Customers can also buy Samsung Note 10+ here for Rs 49,999. Here you will get Motorola One Fusion for Rs 15,999 whereas for Galaxy S20 + you will have to pay Rs 44,999.

How much discount on amazon republic day sale

In the sale of Amazon, you can get huge discounts on OnePlus, Samsung, Xiaomi, LG, Bosch, HP, Lenovo, JBL, Boat, Sony, Amazon, Amazon, Nikon and other products. Although Amazon has not disclosed the complete deal on the products, but in a statement, the company has said that if it will give 40 percent discount on mobile phones and accessories, then this discount will be 50 percent on electronic.

In the list, you include iPhone 12 Mini, Samsung Galaxy M31s, Redmi Note 9 Pro, OnePlus 8 Pro 5G, Oppo A31, on which users can get a discount.


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