The initial public offer of Maheshwari Logistics has garnered a whopping subscription of Rs 123 crore, making it the second highest share sale of a small and medium enterprise (SME). The issue, which was subscribed 4.53 times of total shares offered, witnessed huge participation of both retail an…
Tag: Union Bank
L&T looks to build digital bridge to the Startup Land
L&T Infotech, the IT unit of engineering conglomerate Larsen & Toubro, plans to seek board approval to invest in technology startups that the IPO-bound firm hopes will help boost its digital offerings. “We want to partner with startups and give them a platform,” Chief Executive Sanj…