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Inventurus Knowledge Solutions launched its Rs 2,498 crore IPO, open for bidding until December 16. The offer comprises 1.87 crore shares entirely through an OFS, with proceeds going to selling shareholders. Priced at Rs 1265-1329 per share, the IPO boasts a GMP of Rs 422. Analysts recommend subscribing, citing the company's strong position in the healthcare solutions market.
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Sai Life Sciences' IPO saw an 84% subscription rate on its first day. Institutional investors showed strong interest. The IPO aims to raise Rs 3,042 crore. The company plans to use the funds for debt repayment. Analysts are cautious due to the IPO's high valuation. The offer includes a large OFS component. The IPO closes on December 13.
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After more than 12 years, long-retired Chicago Bulls basketball star and NBA Hall of Famer Michael Jordan on Tuesday finally sold his massive mansion on 8.4 acres in Highland Park for $9.5 million well below his longstanding $14.855 million asking price.
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