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#News(Startup) [ via IoTGroup ]
Headings…
This Mumbai meditech company is set to become the
Transpact Enterprises, a SINE incubated startup is the first to list on Bombay Stock Exchange’s startup platform
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Transpact Enterprises is due to become the first startup to list on the Bombay Stock Exchange’s (BSE) platform for such enterprises on September 5, 2019.
The Mumbai-based maker of therapeutic devices had opened its maiden IPO on August 26, 2019 at an issue size of 104,000 equity shares of face value Rs 10 each at Rs 130 a share.
The company will use the proceeds of the IPO to acquire an R&D facility and registered office, conduct further clinical studies for new disorders, redeem preferential shares and for working capital, it said in a statement.
Transpact received regulatory approvals to list on the BSE Start-up Platform on August 20, 2019.
The IPO was fully subscribed on Day 3
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AutoTextExtraction by Working BoT using SmartNews 1.0299999999 Build 26 Aug 2019
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