The index has gained approximately 11 per cent over the past three months, driven by robust GDP growth, controlled inflation, strong domestic liquidity, and favourable monsoon conditions.
The initial share sale will open for public subscription on August 6 and close on August 8 and the bidding for the anchor portion will open for a day on August 5, the company announced.
At closing, Sensex ended at 81,867, up 126 points or 0.15 per cent and Nifty was up 59 points or 0.24 per cent at 25,010. It was the first time in the Indian stock market history that the Nifty closed above 25,000.
Among the Sensex stocks, JSW Steel, Asian Paints, Maruti Suzuki India, NTPC, Adani Ports and Special Economic Zone, Bharti Airtel, ITC and Tech Mahindra were the major gainers.
The market regulator brought in a consultation paper on Tuesday with many proposed changes, including increasing the minimum contract size for F&O trading to Rs 20 lakh.
Reliance Industries remains the most valued firm followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank of India, LIC, Hindustan Unilever and ITC.
Bharti Airtel was the biggest gainer, rising by over 4.51 per cent. Adani Ports, Sun Pharma, Tata Steel, HCL Technologies, Infosys, JSW Steel and Mahindra & Mahindra were the other big gainers.
The consolidated order book of the group as of June 30, 2024, at Rs 490,881 crore, registers growth of 3 per cent over March 2024 and 19 per cent y-o-y, with the share of international orders at 38 per cent.
The Nifty Midcap 100 index fell 339 points or 0.60 per cent to 56,285 and the Nifty Smallcap 100 index closed at 18,400, down 162 points or 0.88 per cent.