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.
Bangalore based publishing services company MPS Ltd has acquired US based peer TSI Evolve for a total consideration of $1Mn. The acquisition was routed through the company’s US based unit, MPS North America LLC.