Upcoming SME IPO_Jakharia Fabric Limited IPO

Jakharia Fabric Limited IPO

Issue Analysis :

Issue opens June 29, 2018
Issue Closes July 3, 2018
Issue Price Rs 180
Lot Size 800
Issue Size 19.66 Cr
Lead Manager ARYAMAN FINANCIAL SERVICES LIMITED
Registrar BIGSHARE SERVICES PVT. LTD
Platform NSE

Company’s Snapshot :

Incorporated in 2007, Maharashtra based Jakharia Fabric Limited is a company engaged in the business of dyeing and processing of fabrics on job work basis for other textile

companies as well as for own manufacturing product lines. The Company procures Grey Fabric from the market and further dyes and finishes the same as per the client’s requirements on the basis of the quality of the fabric, sizing requirements etc. It also outsources certain processes like the weaving of the fabric and printing as per the demand of the customers based on the quality required. The Company manufactures and processes the fabric especially suitable for Shirtings.

Jakharia Fabric is in process of setting up an additional processing facility at Plot No. J1/1, MIDC Tarapur Industrial Area, Boisar, Palghar – 401 506. This facility is being set up through M/s Jakharia Industries, which is a Partnership Firm, wherein the Company is a partner. The Partnership firm intends to carry on the business of preparing spinning doubling texturing weaving, winding, knitting, scouring, sizing, bleaching, coloring, dying, printing and finishing and processing working or manufacturing in any way whatsoever of cotton, linen, wool synthetics and various other textile products.

The Company has set-up two (2) processing units located at MIDC Area of Saravali, Bhiwandi in Maharashtra and MIDC Area of Tarapur, Bhiwandi in Maharashtra. The plant has the facilities for dyeing and processing wide range of fabrics.

As of March 31, 2018, the company has 319 employees on its payroll.

Object of the Issue :

 

The objectives of the Issue are:

 

  1. Part finance the setting up of processing unit through M/s. Jakharia Industries at Tarapur, MIDC.
  2. Funding Expenditure for General Corporate Purposes

Financial Highlights :

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 5,843.80 5,954.17 5,044.23 4,468.05 3,884.99
Total Revenue 7,702.84 7,723.49 8,917.25 7,582.72 4,787.43
Profit After Tax 338.82 446.17 432.86 356.66 80.94

 

Company Promoters:

The promoters of the company are Jignesh Shah, Nitin Shah, and Dixit Shah. Some of the Promoter Group entities, as mentioned below, have been undertaking business similar to the company and this may result in potential conflicts of interest with the Company in the future-

  • M/s. Dixit Processors
  • M/s. Jakharia Industries
  • Jakharia Synthetics Private Limited

Contact Company Information:

Jakharia Fabric Limited

Office No. 1224, Deoji Nagar

Narpoli Village, Bhiwandi,

Thane- 421 302

Phone: +91-25- 2227 8892

Fax:

Email: info@jakhariafabric.com

Website: http://www.jakhariafabric.com/

For Beeline Assistance:  Contact Here

 

Upcoming SME IPO_Ganga Forging Limited IPO

Ganga Forging Limited IPO

Issue Analysis :

Issue opens June 29, 2018
Issue Closes July 3, 2018
Issue Price Rs 21
Lot Size 6000
Issue Size 5.00 Cr
Lead Manager PANTOMATH CAPITAL ADVISORS PRIVATE LIMITED
Registrar LINK INTIME INDIA PRIVATE LTD
Platform NSE

Company’s Snapshot :

Incorporated in 1988, Gujarat based “Ganga Forging Limited is a company engaged in manufacturing of closed die forged products catering to both automotive and non-automotive segment. The automotive segment includes manufacturing of products catering to the commercial vehicle, passenger car, three wheeler, two wheeler, and tractor. The non-automotive segment includes electric power transmission, dairy equipment manufacturing, agricultural, gear and gearbox, crankshafts, connecting road, heavy engineering industries, hubs, and flanges. With a presence in most of the allied products in this industry, the Company caters to wide range of customers.

The existing manufacturing facility of the company is equipped with 4 Drop Hammers, 2 automatic power press, 2 manual power press, 4 furnaces in the forge shop. The manufacturing facilities are well equipped with required facilities including machinery, other handling equipment to facilitate the smooth manufacturing process.

The company has 68 permanent employees on its payroll.

Object of the Issue :

 

The Objects Of The Issue are-

 

  1. To finance setting up of Closed Die Forging manufacturing facility; and
  2. General corporate purposes.

 

Financial Highlights :

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 1,514.46 1,345.33 1,202.73 1,708.34 858.33
Total Revenue 1,779.17 1,769.45 1,557.19 1,695.99 1,556.93
Profit After Tax 48.49 25.26 46.58 60.74 32.12

 

Company Promoters:

The Promoters of the Company are Mr. Hiralal Mahidas Tilva and Mr. Rakesh Chaganlal Patel. The Promoters hold 18,48,715 Equity Shares in aggregate, which is equivalent to 33.22% of the pre-Issue paid-up Equity Share capital of the Company.

Contact Company Information:

Ganga Forging Limited

 

Plot No 1 SNO 298 & 30

Rajkot Gondal N H, Veraval (Shapar)

Rajkot, Gujarat, 360 024

Phone: +912827-252208 /252077

Fax: +91 2827-252208

Email: info@gangaforging.com

Website: http://www.gangaforging.com/

For Beeline Assistance:  Contact Here

 

Morning Business News Round Up_June 28, 2018

  • India to build two more strategic petroleum reserves
  • Thyssenkrupp, Tata Steel near compromise on JV talks
  • H-1B visa rules to hit Indian IT cos’ margins: ICRA
  • Govt plans to sell Air India’s Mumbai building to JNPT
  • Related imageAllahabad Bank seeks Rs 7,000 crore from government
  • Govt hikes ethanol price by Rs 2.85/litre for 2018-19
  • Automakers warn US tariffs will cost thousands of jobs
  • Singaporean FM asks NSE, SGX to resolve differences, serve investors
  • Fortis probe finds systemic lapses, to recover Rs 5 bn from Singh brothers
  • JSW Steel to invest Rs 75 bn in Karnataka to expand Vijayanagar facility
  • Trai to penalise telcos for call drop violations in March quarter: Chief
  • Rs 20 bn GST evasion in 2 months, less than 100,000 paying 80% of tax
  • Export push: ECGC, NEIA to get more capital support
  • India cautious on China move to reduce import tariffs on goods
  • Fortis lent Rs 494 crore to promoter companies despite management objections
  • UST Global turns ‘unicorn’ with $250-m Temasek funding
  • Telecom sector revenue dips 1.7%, licence fee falls 12.7% in March
  • NCLAT refuses to stop Vedanta from delisting Electrosteel
  • Rupee nears record low on rising oil prices, trade war
  • Mindtree founders may sell entire stake to NEC Corp., private equity firm
  • SBI to shut 9 foreign branches as part of rationalisation: Pravin Gupta
  • Oil prices rise on supply losses, US push to isolate Iran
  • India needs to lower trade barriers: US diplomat
  • Reliance Jio enters a new league, crosses 200 million user mark
  • Retail lending up 25%, number of accounts over 32% in FY18: Cibil data
  • India no longer poor people’s country, 44 Indians pulled out of poverty every minute, says study
  • End oil imports from Iran by Nov 4, US to India
  • India’s quest to find a trillion-dollar nuclear fuel on the Moon
  • Volvo-Eicher eyeing more marketshare with two new trucks
  • ITC’s Savlon campaign bags coveted Grand Prix at Cannes Lions 2018
  • Govt confident LIC-IDBI deal will conclude by Sept

Morning Business News Round Up_June 27, 2018

Morning Business News :

  • PSBs account for 85% of bank fraud cases: RBI report
  • Nearly one-fourth of banks loan has turned sour: RBI
  • Idea shareholders approve new name ‘Vodafone Idea’
  • Sebi orders open offer for NDTV
  • Brexit bill becomes law, allowing UK to leave the EU
  • Hedge funds accuse Indian co of $1.5 bn fraud
  • India records highest number of IPOs globally in 2018
  • Bhushan Steel reclassifies promoters after takeover by Tata Steel
  • Ashok Leyland’s LCV business turns around, posts Rs 1.34 bn profit in FY18
  • Vijay Mallya offers to sell assets worth Rs 139 billion to settle dues
  • LIC may enter banking space; eyes majority stake in IDBI Bank
  • Jindal Steel’s units in South Africa file for bankruptcy protection
  • NPA situation likely to worsen further: RBI
  • Fitch retains Airtel’s ratings at BBB-, outlook stable
  • Govt repaid over Rs 2 lakh cr on account of oil bonds taken: Pradhan
  • 95% safeguard duty sought on imported solar cells, modules
  • Piramal arm sells stake in PISA to Alliance Medical
  • SEBI clears HDFC Mutual’s initial public offering

Related image

  • Japan, South Korea eye tie-up with India to fund projects abroad
  • PNB Housing Finance plans to raise Rs10,000 cr via bonds
  • Macquarie moves insolvency tribunal against Ind-Barath
  • Varroc Engg IPO receives over 30% subscription on Day 1
  • GST Council may cut tax on construction material to 18%
  • Lakshmi Vilas Bank board approves 15 cr eq shares issue
  • NCLT admits insolvency petition against Uttam Galva Steel subsidiary
  • Domestic consolidation, portfolio realignment to boost M&A transactions, says EY report
  • GST Council to look at option of centralised appellate authority
  • GE, icon of American business, to exit health-care and oil sectors
  • Chinese airlines become collateral damage in trade war with US
  • Government debt rises to Rs 76.94 lakh crore in Q4 FY18
  • NBFCs make rapid strides with 30.8% net profit growth in FY18
  • Shriram Transport to issue Rs 5K cr NCDs
  • IndusInd to acquire brokerage biz of IL&FS
  • Irdai likely to clear LIC-IDBI deal with few conditions
  • More women in work force to boost India’s GDP: McKinsey

Ongoing SME IPO_Rajnish Wellness Limited IPO

Rajnish Wellness Limited IPO

Issue Analysis :

Issue opens Jun 25, 2018
Issue Closes Jun 27, 2018
Issue Price Rs 95
Lot Size 1200
Issue Size 11.98 Cr
Lead Manager NAVIGANT CORPORATE ADVISORS LTD
Registrar BIGSHARE SERVICES PVT LTD
Platform BSE

Company’s Snapshot :

Incorporated in 2015, Mumbai based Rajnish Wellness Limited is a company engaged in the business of selling various products in the categories ranging from consumer durables to ayurvedic personal care products. The Company’s major focus area is sexual wellness, energy

Revitalization and personal care products.

The Company has a product portfolio that covers major products including ayurvedic medicines, personal care products, sexual wellness, and energy revitalization items etc. It sells its personal care products under the brand name. “PlayWin Capsules”, “PlayWin Condom”, “Rajnish Lotion”, “Rajnish Plus Lotion”, “Play Win Spray”, “PlayWin Plus Capsules”, “PlaWin Oil”, , “PlayWin F Capsule”, “Kasaav Powder”, “SudantaDantManjan”, “Mithohar Liquid”, “Mithohar Tablets”, “Madamrit Hair Shampoo”, “Madamrit Hair Oil”, “Madamrit Hair Capsule” and Pia Lo Herb’s.

Rajnish wellness has very strong hold in Maharashtra, Uttar Pradesh, Karnataka, Bihar, Odisha, Delhi, Jharkhand, Madhya Pradesh, Uttarakhand, Haryana and West Bengal. Its products are available in all major medical stores in these states.

As of February 28, 2018, the company had 18 permanent employees and 78 contract employees.

Object of the Issue :

 

The objects of the Issue are:

 

  1. Funding of working capital requirements of the Company.
  2. Funding for Branding and Advertisement expenses
  3. To meet General corporate purposes
  4. To meet the expenses of the Issue

 

Financial Highlights :

Summary of financial Information (Restated)  
Particulars For the year/period ended (in Rs. Lakhs)  
28-Feb-18 31-Mar-17 31-Mar-16
Total Assets 1,782.44 837.92 530.35  
Total Revenue 2,423.22 2,529.63 1,315.88
Profit After Tax 161.87 63.87 32.34

 

Company Promoters:

The Promoter of the Company is Rajnishkumar Surendraprasad Singh..

Contact Company Information:

Rajnish Wellness Limited

 

610L, 6th Floor, Building No. 3,

Navjivan Commercial Premises Society,

Lamington Road, Mumbai Central, Mumbai – 400008

Phone: + 91-22-23065555

Fax:

Email: info@rajnishwellness.com

Website: http://rajnishwellness.com/

For Beeline Assistance:  Contact Here

 

Upcoming SME IPO_Rudrabhishek Enterprises Limited IPO

Rudrabhishek Enterprises Limited IPO

Issue Analysis :

Issue opens Jun 29, 2018
Issue Closes Jul 5, 2018
Issue Price Rs 41
Lot Size 3000
Issue Size 18.73 Cr
Lead Manager CORPORATE CAPITALVENTURES PVT LTD, KHAMBATTA SECURITIES LIMITED
Registrar SKYLINE FINANCIAL SERVICES PRIVATE LTD
Platform NSE

Company’s Snapshot :

Incorporated in 1992, Delhi based Rudrabhishek Enterprises Limited is a company engaged in providing integrated services in Infrastructural Services, Urban Designing and planning, Global Information Systems, Building Designing Services and Project Management Services.

The Company is not just providing every service of its field under one roof but also providing them at every level. In other words, the Company is working with the Central Government and with several State Governments of India also. Over the years, the Company has handled projects of different sizes and levels including Zonal/Regional Planning, City Planning, and Master Planning.

REPL also provides its services to Corporate Clients. Some major Corporate clients of the Company include Ansal API, Emaar MGF Land Limited, Gannon Dunkerley & Co. Limited, Hyundai Motor India Private Limited, Omaxe Limited, Paarth Infrabuild Private Limited etc.

Apart from the corporate clients mentioned above, the Company has been empanelled with 30+ Government Development Authority Departments for its services.

As of May 31, 2018, Company has 172 employees on its payroll.

 

Object of the Issue :

The Objects of the Issue are-

  1. To raise funds for long-term working capital required for the Business of the Company;
  2. General Corporate Purpose and
  3. To meet the expenses of the issue.

 

Financial Highlights :

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Dec-17 31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 4,586.28 3,920.61 3,385.42 3,110.69 2,564.39 1,416.52
Total Revenue 3,204.72 2,794.08 3,411.80 3,515.00 3,210.89 2,190.04
Profit After Tax 395.23 413.62 528.98 467.89 759.31 397.47

 

Company Promoters:

The promoters of the company are Pradeep Misra and Richa Misra.

Contact Company Information:

Rudrabhishek Enterprises Limited

820, Antriksha Bhawan,

K.G. Marg,

New Delhi – 110001

Phone: 011 23738974

Fax:

Email: secretarial@replurbanplanners.com

Website: http://www.repl.global/

For Beeline Assistance:  Contact Here

 

Ongoing SME IPO_Bright Solar Limited IPO

Bright Solar Limited IPO

Issue Analysis :

Issue opens Jun 26, 2018
Issue Closes Jun 29, 2018
Issue Price Rs 36
Lot Size 3000
Issue Size 19.44 Cr
Lead Manager SWASTIKA INVESTMART LIMITED
Registrar ALANKIT ASSIGNMENTS LTD
Platform NSE

Company’s Snapshot :

Incorporated in 2010, Gujarat based Bright Solar Limited is a company engaged in assembling of DC/AC Solar Pumps and Solar Pump Systems under the registered brand name of “PUMPMAN”, “BRIGHT SOLAR”, and “BRIGHT SOLAR WATER PUMP”. The company is also engaged in EPC contracts of Solar Photovoltaic Water pumps which include supplying, installing and commissioning of the pump system along with comprehensive maintenance contract for a specific period of 1-5 years. In solar pump system, it has a wide range of products of DC Solar Pump, Solar Pump Inverter, and AC Solar Pump.

In the year 2017-18, the company started providing consultancy services for acquiring projects and tender bidding after identifying the competent client on the tender to tender basis. In addition, we have also been added water supply, sewerage, and infra project in its service portfolio. We have also been awarded water supply and sewerage projects. Bright Solar is in the process of acquiring a land admeasuring area of 18209 Square meters at Kheda, Gujarat and on which the company is planning to set up a manufacturing unit for Solar PV modules/panels. The Company has already executed an agreement to sell for the acquisition of land. It is also planning to set up a water treatment plant assembling unit at Patna (Bihar).

To sum up, Bright Solar is into assembling of DC/AC Solar Pumps and Solar Pump Systems, EPC contracts of Solar Photovoltaic Water pumps, consulting of Projects and tenders, Water supply and Sewerages Infra Project. The company is planning to commence Solar Module manufacturing and water treatment plant assembling unit.

The company has 18 permanent employees on its payroll.

 

Object of the Issue :

 

The objects of the Issue are:

 

  1. Acquisition of Land, its Registration, Stamping, and other charges
  2. Working Capital,
  3. General Corporate Purpose,
  4. Issue Expenses.

Financial Highlights :

Summary of financial Information (Restated)
Particulars For the year/period ended (in Rs. Lakhs)
31-Mar-17 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13
Total Assets 3,309.49 2,212.31 3,892.34 818.82 1,978.49
Total Revenue 1,812.99 1,547.06 4,784.25 2,846.13 2,239.93
Profit After Tax 171.11 70.53 196.87 54.29 38.02

 

Company Promoters:

The Promoter of the Company is Mr. Piyushkumar Thumar.

Contact Company Information:

Bright Solar Limited

 C-1103, Titanium Square,

Thaltej Circle, S G Highway,

Thaltej, Ahmedabad – 380 059

Phone: +91 – 79 – 4892 6868

Fax:

Email: compliance@brightsolar.co.in

Website: http://www.brightsolar.in/

For Beeline Assistance:  Contact Here

Morning Business News Round Up_June 26, 2018

Morning Business News :

  • Sebi comes out with a list of 1,690 defaulters
  • Fuel under GST impractical: NITI Aayog VC
  • Sebi for adjudication proceedings against Kochhar
  • RBI proposes Board of Management for UCBs
  • India Inc’s FDI dips 63% to $1.17 billion in May
  • Govt says LIC buying IDBI stake an acquisition.
  • UltraTech Cement plans to raise Rs 9,000 crore
  • Capital cost for $4.5 trillion infra investment a challenge: Piyush Goyal
  • Government mulls injecting Rs 4.6 bn into pharma to reduce bulk drugs cost
  • BSE, NSE create framework to bring stocks under enhanced surveillance
  • Reliance Jio takes $1 bn term loan to pay Korean vendors Samsung, Ace Tech
  • Greystar to buy EdR Trust for $4.6 bn, own $10 bn in US market portfolio
  • BSE to launch new platform to list start-ups on July 9

Image result for BSE

  • OIL makes gas discovery in Andhra Pradesh
  • Monsoon session of Parliament to begin from July 18
  • ADNOC joins Saudi Aramco to build Ratnagiri Refinery
  • Ban on import of milk products from China extended till Dec
  • OnMobile Global bets big on mobile gaming to drive growth
  • Exide Industries to acquire Tudor’s factory in Gujarat
  • RIL may go for a Reliance Jio IPO in 2-3 years
  • Govt panel on sugar cess under GST may suggest broader agri cess
  • RBI may soon introduce mobile wallet interoperability rules
  • Hero Cycles plans ₹250 cr investment for Punjab factory
  • JLR lines up £13.5 billion investment in 3 years
  • KFC to target new business worth Rs 1,500 cr, posts profit
  • Haryana government to recover long-pending dues of developers
  • Jet Airways plans to buy 75 more Boeing 737 MAX planes
  • Working to evacuate acid spillage at Tuticorin plant: Vedanta
  • Gas distribution to reach 49 per cent of India’s population, says PNGRB
  • Dr Reddy’s loses patent case with Eli Lilly over Alimta
  • 34 in race for MD posts in PSBs, interviews from June 28
  • Coffee sector seeks govt support for re-plantation
  • Heads of 11 PSBs to meet House panel on Tuesday
  • Base metals trade negative on trade war worries

Morning Business News Round Up_June 25, 2018

Morning Business News :

  • Govt to improve norms for auditors, corp professionals
  • Government defers oil, gas field auction by a month
  • Solar companies fear being eclipsed by foreign biggies
  • First-time entrepreneurs to push India’s franchise business to $150 bn in 5 years
  • Ayushman Bharat scheme rates unacceptable: IMA
  • GSTN designing tools for taxmen to check evasion
  • Promoters buy TPG, Actis’ 42% stake in AGS Transact
  • Idea-Voda merger likely to get delayed over DoT’s fresh demand of Rs 47 bn
  • As trade war looms, China cuts reserve ratio, unlocks $108 billion
  • Projects worth Rs 187 bn being carried to connect Railways to ports: Govt
  • China, India and South Korea see wealth erosion of $1.4 trillion in 2018
  • BSE, NSE to impose charge on high algo OTR in equity segment from Jun 29
  • SEZ overhaul may see sops being linked to job creation
  • Trump welcomes JSW Steel’s $ 1 bn investment plans in US
  • ‘Govt on track in solving power sector issues’
  • Lupin to launch nearly 30 products in US market this fiscal
  • Cochin Port eyes relaxation of cabotage law
  • In largest capacity expansion, Asian Paints to invest Rs 4,000-cr this
  • MF investments in debt securities lowest in 5 years
  • Image result for MF investments in debt
  • Heads of 11-state owned banks to appear before parliamentary panel on Tuesday
  • Reliance may extend ₹ 750 cr loan to Indian Film Combine
  • India, Seychelles set to bolster economic, strategic relations
  • Biocon receives EIR from USFDA for its Bengaluru facility producing sterile
  • E-commerce companies focusing on AI, virtual reality to cut logistics cost and fraudulent orders
  • Aadhar Housing Finance expects loan portfolio to grow by 65% this fiscal
  • Infosys stable, ready and relevant: Nandan Nilekani
  • Forex reserves fall by $3.03 bn to $410.070 billion
  • PSU banks favour coal over renewable energy
  • Govt mulls bailout package for sick telecom PSUs
  • Air India may sell iconic Nariman Point property to shipping ministry
  • Plastic ban: India stares at loss of Rs 15,000 cr, 3L jobs
  • LIC may be roped in as equity holder in AMC/ARC for NPAs

Morning Business News Round Up_June 22, 2018

Morning Business News :

  • India raises customs duty on 30 American goods
  • Sebi cuts IPO price band timeline, rejigs buyback code
  • ED rejects lenders’ plea to sell UB shares
  • Foreign investments of RNT under lens
  • Govt looking into fresh revelations in Panama Leaks
  • ICRA upgrades rating outlook for Jindal power to Stable
  • Sebi yet to receive ICICI reply on Kochhar issue: Tyagi
  • NSE to introduce corporate governance code stricter than existing laws
  • JSW Steel plans bid for ArcelorMittal’s Galati plant in Romania
  • Competition Commission of India okays Bayer-Monsanto merger but with riders
  • CBDT proposes clear-cut timelines under transfer pricing
  • Assam Co bid submission date postponed to June 27
  • SEBI to plug gaps that led to leak of ASM stocks: Tyagi
  • NSE co-location case: SEBI Chairman says enforcement action to be completed soon
  • Dollar scales 11-month peak, oil slides ahead of OPEC meet
  • Cleartrip acquires Saudi Arabia’s Flyin
  • Swiggy raises $210 m from Naspers, DST Global

Image result for swiggy

  • Microsoft, EY launch blockchain tool for managing royalties
  • Govt may let carmakers import certified vehicles
  • NSE-SGX case: Arbitrator has pulled off a mean feat
  • RITES IPO fully subscribed on Day 2, issue to close on Friday
  • Modi govt plans ‘Pariwartan’ scheme for power sector revival
  • Some traders had unfair access to NSE data: Sebi
  • HCL Tech inks global IT infrastructure deal with Nokia
  • India showed no signs of domestic, financial risks in 3 years: Nomura
  • Indian public sector needs some fixing for true Cloud adoption
  • Resolution professional turns down the bulk of sister firms’ claims
  • RBI sticks to Feb 12 circular on power sector NPAs
  • Consumer stocks outrun global peers on valuation matrix
  • Global HNWI surpasses $70 trillion
  • FinMin open to raising PSB recapitalisation
  • Core Energy signs security equipment deal with Russian