At the upper end, the company seeks to raise ₹33.99 crore from the public offering, which comprises a fresh issue of 5.26 million shares and an offer for sale (OFS) of 0.6 million shares
Sensex Today | Stock Market LIVE Updates: In the broader markets, the Nifty Midcap 100 was ahead by 1.05 per cent, and the Nifty Smallcap 100 was higher by 1.24 per cent
The insurance firm, which manages more than ₹40,000 crore ($4.7 billion) in assets, did not detail the size or timing of the IPO but said it will not issue fresh shares
The BSE derivatives data suggests that the Sensex may face resistance around 80,450 - 80,550, while seek support around 79,850 - 79,700 levels on the monthly expiry day on Tuesday.
The domestic currency opened 5 paise lower at 85.08 after ending at 85.03 against the greenback on Monday
Here is the complete list of companies whose shares will turn ex-date on Wednesday, April 30, along with their respective corporate announcements and other key details