Oversubscription

Zee Entertainment Enterprise Ltd on Thursday reported a multi-fold jump in its consolidated net profit to Rs 188.4 crore in the January-March quarter, driven by effective cost management. It had a net profit of Rs 13.4 crore in the January-March quarter a year ago, according to a regulatory filing from Zee Entertainment Enterprise Ltd (ZEEL). Its total income was up 1.6 per cent to Rs 2,220.3 crore in the March quarter compared to Rs 2,185.3 crore in the same quarter of the previous financial year. In "Q4 FY25 growth led by subscription revenue & other sales & services," said ZEEL adding it "enhanced profitability despite a weak advertising environment." ZEEL's revenue from advertising was down 4.2 per cent to Rs 837.5 crore in the March quarter of FY 2024-25. "Domestic advertising revenue declined by 27 per cent YoY for the quarter due to slowdown in macro advertising environment, postponement of Zee Cine Award, busy sports calendar and higher base in Q4 FY24," said ZEEL in ..

It expects subscription revenue growth of 7 per cent to 10 per cent in the current quarter, compared with analysts' estimate of 9.9 per cent, according to Visible Alpha

Non-Institutional Investors (NIIs) have led the demand for the Vishal Mega Mart IPO, subscribing to their reserved quota 1.71 times

The initial share sale of Arkade Developers got subscribed 106.40 times on the last day of the offer on Thursday. The Rs 410-crore initial share sale received bids for 2,52,97,38,200 shares against 2,37,75,719 shares on offer, according to data available with the NSE. Qualified institutional buyers subscribed the offer 163.16 times while the quota for non-institutional investors fetched 162.75 times subscription. The portion for retail individual investors received 50.65 times subscription. The initial public offering (IPO) of Arkade Developers Ltd got fully subscribed on the first day of the share sale on Monday and ended the day with 5.79 times subscription. The realty firm has raised Rs 122.40 crore from anchor investors. The company has fixed a price band of Rs 121-128 per share for its Rs 410-crore IPO, which is entirely a fresh issue of equity shares worth Rs 410 crore with no offer-for-sale (OFS) component. Proceeds from the issue will be used for the development of the ..

The initial public offer of Arkade Developers Ltd received 16.20 times subscription on the second day of bidding on Tuesday. The initial share sale received bids for 38,51,04,390 shares against 2,37,75,719 shares on offer, as per NSE data. The portion for non-institutional investors attracted 28.26 times subscription while the category for Retail Individual Investors (RIIs) got subscribed 19.99 times. The quota for Qualified Institutional Buyers (QIBs) fetched 44 per cent subscription. The initial public offer of Arkade Developers Ltd got fully subscribed on the first day of the share sale on Monday and ended the day with 5.79 times subscription. Realty firm Arkade Developers Ltd has raised Rs 122.40 crore from anchor investors. The company has fixed a price band of Rs 121-128 per share for its Rs 410-crore initial public offering. The initial share sale will conclude on September 19. The IPO is entirely a fresh issue of equity shares worth Rs 410 crore with no offer-for-sale (O

Livpure is betting big on its water-as-a-service model, targeting over 10 lakh subscriptions in the next four years as it intensifies efforts to scale up affordable access to clean and purified water across India, according to company Managing Director Rakesh Kaul. The company, also present in categories such as appliances, mattresses and sleep accessories, is targeting a turnover of Rs 900 crore this fiscal year, a growth of up to 60 per cent from the previous year. "India is a huge market, and everyone knows that purified water and access to purified water is a big challenge...Currently, in a country the size of ours, penetration of water purifiers is still at 7 to 8 per cent of the total household population of India," Kaul told PTI. With a view to reducing the cost of access to clean drinking water to consumers, he said,"We launched an innovative business model called water-as-a-service four years back, whereby we decided that the installation (of electric water purifier) will .

Resourceful Automobile IPO: The New Delhi-based company specialises in the sale of Yamaha motorcycles and scooters. It runs two showrooms in the national capital under the name 'Sawhney Automobiles'

A majority of US adults surveyed in March said they pay too much for subscriptions

The DreamFolks Services IPO saw strong demand from retail investors, with subscribtion of up to 8x the alloted quota. The HNI segment was also oversubscribed at the end of Day 1 of the offer period.

The Initial Public Offer (IPO) of airport service aggregator platform DreamFolks Services got fully subscribed within hours of opening for subscription on Wednesday. The IPO received bids for 1,03,46,872 shares against 94,83,302 shares on offer, translating into 1.09 times subscription, according to data available with the NSE till 1348 hours. The category for Retail Individual Investors (RIIs) received 5.39 times subscription, while non-institutional investors portion got subscribed 41 per cent. The IPO is entirely an offer-for-sale (OFS) of 1,72,42,368 equity shares and has a price range of Rs 308-326 per share. On Tuesday, DreamFolks Services raised Rs 253 crore from anchor investors. It facilitates consumers' access to airport-related services like lounges, food and beverages, spa, meet and assist airport transfer, transit hotels or nap room, and baggage transfer services. Equirus Capital and Motilal Oswal Investment Advisors are the managers to the offer.

India Infoline had a base amount of Rs 250 crore and oversubscription portion of Rs 1,750 crore