3 PE firms fire 7.9% of humanity; Motisons Jewelers IPO opens on December 18

3 PE firms fire 7.9% of humanity

Three private equity (PE) investors on Tuesday transferred 7.9 per cent stake worth Rs 5,589 in Mankind Pharma. Beige, a subsidiary of Chrys Capital, sold a 4.47 percent stake worth Rs 3,282 crore. Meanwhile, Cairnhill CIPEF and Hema CIPEF sold 1.74 percent and 1.4 percent of the shares respectively. The deals took place at around Rs 1,832 each. Shares of Mankind fell 3.6 percent to end at Rs 1,849.

Motisons Jewelers IPO opens on December 18

Motisons Jewelers on Tuesday said it has set a price band of Rs 52 to 55 per share for its initial public offering that will start on December 18. The Jaipur-based retail company's issue will open on December 18 and close on December 20. the public offer is entirely a fresh issue of shares of Rs 2.74 crore and there is no 'Offer for Sale' component. PTI