Harisons Steel Limited has filed DRHP with SEBI to raise R60Cr through an IPO.
The funds raised will be used to set up rolling mill with a proposed capacity of 30,000 Mts p.a. (R41.59Cr); to part finance incremental working capital requirement (R8Cr) and for other corporate purposes.
Comfort Securities is the book running lead manager to the issue.
Continuing its acquisition spree, Zomato has made its seventh buy within six months acquiring Turkey based restaurant search service firm Mekanist in an all cash deal. The financial details of the deals remain undisclosed.