Reliance Spinning Mills Allots IPO

Dec 16, 2025 10:28 AM Merolagani



Reliance Spinning Mills has allotted recently issued initial public offering to foreign migrated workers on December 15.

The company issued 115,596 units of ordinary shares at Rs 820.80 from December 8-11.

During the issue, a total of 35,102 applicants applied for 1,944,330 units of shares. All applications were approved in the issue.

Given that the issue was oversubscribed, the allotment took place as per Securities Issuance and Allotment Guideline under which 2,311 applicants were provided 50 units of shares through lottery. The remaining 46 units were again distributed among 46 pervious allottees through lottery making their share count 51.




HIDCL Announces Dividend

Dec 14, 2025 10:09 AM

Hydroelectricity Investment and Development Company (HIDCL) has announced dividend of the last FY.