Bse Listed Companies

iValue Infosolutions IPO subscribed 1.82 times, set to list on Sept 25

The initial share sale of iValue Infosolutions Ltd received 1.82 times subscription on the closing day of bidding on Monday. The company's IPO received bids for 2,38,25,200 shares against 1,31,17,272 shares on offer, according to NSE data. The category for Qualified Institutional Buyers (QIBs) got subscribed 3.18 times. The portion for Retail Individual Investors (RIIs) attracted 1.28 times subscription and non-institutional investors quota received 1.26 times subscription. Creador-backed iValue Infosolutions on Wednesday garnered Rs 168 crore from anchor investors. The Rs 560-crore public offering has a price band of Rs 284-299 per share. At the upper end, the company is valued at around Rs 1,600 crore. The IPO is a complete offer-for-sale (OFS) of 1.87 crore equity shares by promoters, an investor and individual shareholders, worth Rs 560 crore at the upper end of the price band. Since the entire issue is an OFS, all proceeds will go directly to the selling shareholders rather

Listed firms, open offers may gain from Sebi's relaxed MPS stance

Sebi's proposal to extend timelines for the 25% minimum public shareholding requirement could provide flexibility to listed companies and open offers, according to legal experts

Crizac to launch ₹860 cr IPO on July 2 with reduced OFS component

Student recruitment solution provider Crizac on Thursday said its Rs 860-crore initial public offering (IPO) will hit the capital markets for subscription on July 2. The public issue will conclude on July 4, and the bidding for anchor investors will open for a day on July 1, the company said in a statement. However, the company did not disclose the details of the price band. The IPO is entirely an offer for sale (OFS) of equity shares worth Rs 860 crore by promoters Pinky Agarwal and Manish Agarwal with no fresh issue component, according to the red herring prospectus (RHP) filed on Wednesday. The OFS consists of the sale of equity shares worth Rs 723 crore by Pinky Agarwal and Rs 137 crore by Manish. Since the issue is an OFS, Crizac will not receive any proceeds from the IPO. The company, which had proposed to raise Rs 1,000 crore in November last year, has now trimmed the issue size to Rs 860 crore. It did not provide any specific reason for the downward revision in offer ...

Aditya Birla Lifestyle Brands lists on stock exchanges post demerger

Shares of Aditya Birla Lifestyle Brands Ltd (ABLBL) made its market debut on Monday post demerger. The stock started trading at Rs 167.75 and later jumped 4.97 per cent to Rs 176.10 apiece during the day on the BSE. It finally ended at Rs 159.40, down 4.97 per cent. On the NSE, the stock began trading at Rs 167. Shares of the firm ended at Rs 159, lower by 4.79 per cent. The company's market valuation stood at Rs 19,451.50 crore. "Trading members of the exchange are hereby informed that effective from June 23, 2025, the equity shares of Aditya Birla Lifestyle Brands Ltd are listed and admitted to dealings on the exchange in the list of 'T' Group Securities," according to an update by the BSE. ABLBL was demerged from Aditya Birla Fashion and Retail in May this year.

BSE shares reach new life-time high, zoom 71% from March low

Since March 28, the stock price of BSE has appreciated by 34% after the NSE deferred its plan to change the day of expiring of its contracts from Thursday to Monday.

Corporation tax paid by listed companies at 4-year low in Q2 FY25

Tax payment by listed companies was down 7 per cent year-on-year (Y-o-Y) in Q2FY25, their worst showing in the last four years and the first decline in corporate tax in seven quarters

Sebi study uncovers alarming trends in royalty payments at listed companies

In one out of four times, listed entities paid royalties exceeding 20% of their net profits to related parties. And 185 instances of royalty payments were by companies that made losses

Financial regulators back ISA 600 for auditors of listed companies

Auditors of PSBs, their branches, and PSUs will not be covered by ISA 600

Star Housing Finance reports 70% revenue growth in April-June quarter

Semi-urban and rural-focused home finance company Star Housing Finance Ltd (Star HFL) has reported a 70 per cent jump in its revenue for the April-June quarter on strong growth in interest income and commission fee. Total revenue rose by 70 per cent to Rs 20.96 crore for the April-June quarter of 2024-25 compared to Rs 12.29 crore in the year-ago period, the BSE-listed company said in a release. Interest income rose to Rs 18.08 crore in the first quarter of FY25 against Rs 11.20 crore in April-June 2023-24. Assets under management soared by 73.55 per cent to Rs 471.41 crore in the June quarter over the year-ago period. Disbursements were at Rs 61.23 crore in the quarter under review. Profit after tax rose by 94 per cent to Rs 3.02 crore in the quarter against Rs 1.55 crore in the year-ago period.

India Inc's top line struggled, but net profit rose 24.9% in FY24

High margins drive earnings; revenue growth at 4.8% slowest in 3 years

Top 100 firms must verify market rumours within 24 hrs starting today

The top 100 listed companies by market capitalization will have to confirm or deny any market rumour reported in the mainstream media from this Saturday. The rule will be applicable for top 250 companies from December 1. Under the Sebi's rule, these companies will have to 'confirm, deny, or clarify any reported event or information in the mainstream media that is not general in nature and that indicates that rumours of an impending specific material event' are circulating amongst the investing public within 24 hours from the reporting of the information. Sebi through its newly introduced rumour verification framework has excluded the price volatility in arriving at average market price for the purpose of corporate actions in a bid to make it fair for all investors at large. "The move would dissuade leaking of information that would affect the valuation in the given corporation action. This initiative of Sebi would help strengthen the rumour verification framework. It would help in

Soaring markets: India on verge of reclaiming fourth spot once again

The market capitalisation of small-and-midcap companies accounts for over a third of the total value of the Indian stock market

Mcap of BSE-listed firms hit Rs 400 trn milestone after rally in equities

The market capitalisation of BSE-listed companies reached an all-time high of Rs 401.10 lakh crore on Monday morning, following a record rally in equities, wherein the 30-share BSE Sensex scaled its lifetime peak. This is for the first time ever that the market capitalisation of BSE-listed companies has gone past the coveted Rs 400 lakh crore mark. The 30-share BSE benchmark jumped 425.62 points to reach a new record high of 74,673.84 in early trade. Thanks to the rally in equities, the market capitalisation (mcap) of BSE-listed companies reached an all-time high of Rs 4,01,16,018.89 crore (USD 4.81 trillion). The market capitalisation of BSE-listed firms had hit the Rs 300-lakh-crore mark in July last year. From the Sensex basket, Mahindra & Mahindra, Maruti, Tata Steel, Bajaj Finserv, Power Grid, Reliance Industries, Axis Bank and JSW Steel were the major gainers. Wipro, Nestle, HDFC Bank and Bajaj Finance were among the laggards. In Asian markets, Seoul and Tokyo were trading

Public sector undertakings to dominate list of Amfi upgrades, shows data

Mazagon Dock and SJVN are seen upgraded from 'smallcaps' to 'midcaps'

BSE issues fresh guidelines for SMEs looking to migrate to main board

BSE has put in place fresh guidelines for small and medium enterprises looking to migrate from its SME platform to the main board, whereby the applicant will be required to have a net worth of at least Rs 15 crore for the preceding two financial years. Under the guidelines, the applicant firm needs to be listed on the SME platform for at least three years. Besides, they need to have 250 public shareholders before shifting to the main board. In addition, the SME should have a positive operating profit for at least any two out of three financial years and have a positive profit after tax (PAT) in the immediate financial year of making the migration application to the bourse. "The applicant should have a net worth of at least Rs 15 crore for two preceding full financial years, " BSE said in a circular. Further, the paid-up equity capital of the applicant should be more than Rs 10 crore and the market capitalization should be at least Rs 25 crore. Among other parameters, the applican

India Inc capital expenditure growth enters slow lane in first half of FY24

This follows the sharp deceleration in revenue growth

Senco Gold makes strong debut; lists at 36% premium over issue price

Shares of Senco Gold listed at Rs 431, a 36 per cent premium over its issue price of Rs 317 on the BSE.

Sebi notifies disclosure rules; asks cos to confirm or deny market rumour

To streamline the disclosure requirements, Sebi has notified rules asking the top 100 listed companies by market capitalisation to confirm, deny or clarify any market rumour reported in the mainstream media from October 1. Further, for the top 250 listed entities, the rule will kick in from April 1, 2024, the Securities and Exchange Board of India (Sebi) said in a notification. These companies will have to "confirm, deny or clarify any reported event or information in the mainstream media which is not general in nature and which indicates that rumours of an impending specific material event" are circulating amongst the investing public, within 24 hours from the reporting of the information. To strengthen the corporate governance at listed entities, Sebi came out with a framework to address the issue of certain shareholders enjoying special rights perpetually. Any special right granted to the shareholders of a listed entity will be subject to the approval of the shareholders in a ..

Listed companies garner Rs 63,300-crore from equity, debt in April

Within the equity segment, funds mostly came from preferential allotment of equity shares with companies raising Rs 4,835 crore through the route

Q2 earnings: Corporate profits decline, a first in nine quarters

The combined net profit of 2,725 listed companies across all sectors was down 6.3 per cent year-on-year (YoY) in Q2 -the first contraction after eight consecutive quarters of YoY growth