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Sandhar Tech jumps 13% as report suggests co supplying auto parts to Tesla
Tesla is in talks with at least three Indian suppliers to source critical parts as part of its plans to enter the Indian market
Sandhar Techno ends 2% lower from issue price
The stock listed at Rs 346, up 4% against its issue price of Rs 332 per share on the National Stock Exchange.
Sandhar Technologies' Rs 5-bn IPO subscribed 6.2 times on final day
The price band for the IPO is Rs 327-332 per share
Sandhar Technologies' Rs 5.12 billion IPO subscribed 5% on Day 1
The shares are proposed to be listed on BSE and NSE
Sandhar Technologies files draft papers for Rs 300-cr IPO to repay loan
The company intends to use a portion of the net proceeds to prepay/repay certain loan facilities and for general corporate purposes