Minda Industries has received approval from its fund-raising committee for qualified institutional placement (QIP) of shares worth Rs 500 crore. The committee has fixed the floor price of the issue at RS 436.66 a share and may offer a discount of 5 per cent to institutional buyers.
Minda Industries offers a range of products across various verticals of auto components, such as switching systems, acoustic systems and alloy wheels, among others.
| Company Name | CMP |
|---|---|
| SamvardhanaMotherson | 125.00 |
| Tube Investments | 2789.65 |
| Bosch | 37505.60 |
| UNO Minda | 1097.30 |
| CIE Automotive India | 490.15 |
| View more.. | |
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