The Jane Street fallout has already taken a toll on BSE, with the shares on July 4 suffering one of their steepest declines this year - extending a slide that had already begun
The initial public offering (IPO) of Smartworks Coworking Spaces Ltd got subscribed 1.15 times on day two of bidding on Friday. The IPO received bids for 1,19,96,496 shares against 1,04,01,828 shares on offer, according to NSE data. The portion for non-institutional investors received 1.79 times subscription while the quota for retail individual investors (RIIs) got subscribed 1.18 times. The category for qualified institutional buyers (QIBs) received 63 per cent subscription. Smartworks Coworking Spaces has raised Rs 173.64 crore from anchor investors. The IPO of Smartworks Coworking Spaces hit the capital market on Thursday to raise nearly Rs 600 crore as the company intends to expand its business and reduce debt. The company has fixed a price band of Rs 387-407 per share for its IPO, which will close on July 14. The size of the fresh issue has been reduced to Rs 445 crore from the earlier planned Rs 550 crore, while the offer for sale (OFS) by promoters has been cut to 33.79 l
Orient Cables (India) Ltd on Thursday filed preliminary papers with capital markets regulator Sebi seeking its approval to raise Rs 700 crore through an initial public offering (IPO). The public offer comprises both a fresh issue and an Offer for Sale (OFS) by promoters. The fresh issue consists of equity shares worth Rs 320 crore, while the OFS comprises equity shares aggregating to Rs 380 crore, taking the total offer size to Rs 700 crore, according to the draft red herring prospectus (DRHP). Proceeds from the fresh issue worth Rs 91.50 crore will be used to fund capital expenditure for the purchase of machinery, equipment, and civil works at the company's manufacturing facilities. In addition, Rs 155.50 crore will be used for repayment or partial prepayment of certain outstanding borrowings and a portion will also be allocated for general corporate purposes. The company may consider a pre-IPO placement of up to Rs 64 crore. If undertaken, the amount raised through the pre-IPO .
Private investment firm Bain Capital on Thursday divested a 1.9 per cent unitholding in Embassy Office Parks REIT for Rs 691 crore through an open market transaction. US-based Bain Capital through its affiliate APAC Company XXIII sold a little over 1.78 crore units, amounting a 1.87 per cent unitholding in Bengaluru-based Embassy Office Parks REIT (Real Estate Investment Trust), as per bulk deal data on the BSE. The units were disposed of at an average price of Rs 388 apiece, taking the deal value to Rs 691.41 crore. Details of the buyers of Embassy Office Parks REIT units could not be ascertained on the exchange. The units of Embassy Office Parks REIT slipped 1.95 per cent to close at Rs 390.16 each on the BSE. Last month, Embassy Office Parks REIT said it has successfully raised Rs 1,550 crore through the issue of debentures and term loans to refinance its existing debt and save interest costs. The fundraise comprises Rs 750 crore through NCDs, priced at a coupon of 6.97 per ce
Infrastructure equipment rental company Aggcon Equipments International Ltd on Thursday filed draft papers with markets regulator Sebi seeking its approval to raise funds through an initial public offering (IPO). The Haryana-based company plans to raise Rs 332 crore through fresh issuance of equity shares, besides, promoters would sell 94 lakh shares under the offer-for-sale, according to the draft red herring prospectus (DRHP). Proceeds from the fresh issue to the tune of Rs 168 crore would be used for payment of debt, Rs 84 crore for purchase of equipment and a portion would be used for general corporate purposes. Incorporated in 2003, Aggcon Equipments International is one of the leading and fastest-growing infrastructure equipment rental companies in India. The company maintains a large fleet of equipment to support diverse infrastructure projects. As of March 2025, the company catered to more than 500 customers across 27 states and five Union Territories in India. Aggcon ...
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Shares of Tata group firm Titan Company on Tuesday tumbled over 6 per cent as the company's first quarter business update failed to cheer investors. The stock dropped 6.17 per cent to Rs 3,440.60 apiece on the BSE. During the day, it lost 6.32 per cent to Rs 3,435. On the NSE, it tanked 6.16 per cent to Rs 3,440. The stock emerged as the biggest laggard among the Sensex and Nifty firms. The company's market valuation eroded by Rs 20,086.15 crore to Rs 3,05,451.71 crore. Tata group firm Titan Company saw its consumer businesses grow by 20 per cent year-on-year in the first quarter of this fiscal, according to a regulatory filing by the company. Domestic jewellery operations grew by 18 per cent in the first quarter, despite the period being marked by gold price volatility affecting consumer sentiments, Titan Company said. "While the Akshaya Tritiya period saw good traction, the increase in gold prices from May till mid-June saw some softening in customer purchases," it added. The
Travel Food Services, operating a travel quick-service restaurant and a lounge business across airports in India and Malaysia, on Friday raised nearly ₹600 crore from anchor investors
The three-day subscription window to bid for the Smartworks Coworking will tentatively close on Monday, July 14, 2025
Jaguar Land Rover on Monday said its dispatches to dealers declined by 11 per cent year-on-year to 87,286 units for the first quarter ended June 30. Compared to the prior year, wholesale volumes for the first quarter were down in North America, Europe and the UK by 12 per cent, 14 per cent and 25 per cent respectively, JLR said in a statement. The UK market was the most impacted by the planned cessation of the legacy Jaguar models, it added. The British marquee brand said its retail sales for the April-June period this year stood at 94,420 units, a dip of 15 per cent as compared with same period last fiscal. Volumes reduced in line with the company's expectations following a challenging quarter, it said. This largely reflects the planned wind down of legacy Jaguar models ahead of the launch of new Jaguar, and a pause in shipments to the US during April 2025 following the introduction of US import tariffs, it added. Tata Motors shares on Monday ended flat at 688.85 apiece on BSE.