The bell-ringing ceremony held at the BSE in Mumbai witnessed an enthusiastic turnout, with Maharashtra Chief Minister Devendra Fadnavis terming PCMC's achievement as a proud moment for state
Private equity firm TA Associates on Tuesday exited AU Small Finance Bank by selling its entire 1.26 per cent stake in the company for Rs 714 crore through an open market transaction. According to the bulk deal data available on the BSE, US-based TA Associates through its arm TA FDI Investors sold 93.90 lakh shares, amounting to a 1.26 per cent stake in Jaipur-based AU Small Finance Bank (AU SFB). The shares were disposed of at an average price of Rs 760.07 apiece, taking the deal value to Rs 713.78 crore. Details of the buyers of AU SFB's shares could not be ascertained on the BSE. Shares of AU Small Finance Bank fell 0.93 per cent to close at Rs 764.70 apiece on the BSE. In a separate block deal on the BSE, Morgan Stanley Asia (Singapore) sold 1.25 lakh shares of Bajaj Finserv for Rs 25 crore through an open market transaction. The shares were offloaded at an average price of Rs 1,983.8 apiece, taking the deal value to Rs 24.80 crore. These shares were acquired by Paris-based
Agri commodity trading firm IFL Enterprises on Tuesday said its board has approved to raise up to Rs 49.14 crore through a rights issue of equity shares. The issue will open for subscription for existing shareholders on June 19, and will conclude on June 30, IFL Enterprises informed BSE in a filing. The record date for determining the eligibility of shareholders for the rights issue is June 13, it added. "The rights issue comprises 49,14,76,620 fully paid-up equity shares of face value Re 1 each, aggregating to Rs 49.14 crore. Proceeds from the issue will be used to strengthen the company's financial position and support general corporate purposes," the company, which is involved in import, export and trading of agri commodities, said in a statement. The capital will be used to enhance operational efficiency and expand service capabilities, it added. The company in June last year had raised Rs 49.53 crore through a rights issue to fund its expansion plans. Its revenue jumped multif
Upcoming IPOs: These companies are collectively expected to raise around ₹2,500 crore through their public issues
Karamtara Engineering plans to raise ₹1,750 crore through a combination of fresh issue and offer for sale
Oswal Pumps IPO price band: The mainline IPO is a combination of a fresh issue of 14.5 million shares and an offer for sale of 8.1 million shares
Market participants raise concerns over BSE's varying transaction charges, while BSE defends its transparent, regulation-compliant fee structure
Aten Papers and Foam IPO: The SME offering comprises a fresh issuance of 3.3 million equity shares and no offer-for-sale component.
Oswal Pumps IPO: The issue comprises a fresh issuance of ₹890 crore and an offer-for-sale (OFS) component of 8.1 million shares
CtrlS Datacenters operates 15 data centres across eight key markets and plans to expand into new overseas markets in Southeast Asia and the Middle East, with Thailand as its first international foray
Motilal Oswal BSE 1000 Index Fund aims to provide returns that, before expenses, correspond to the total returns of the securities as represented by BSE 1000 Index
The listing price of Scoda Tubes was significantly below grey market estimates of ₹160
Aegis Vopak Terminals shares listed at ₹220 on the BSE, against the issue price of ₹235
Investors can check Scoda Tubes IPO allotment status on the official websites of BSE, NSE, or MUFG Intime India
Equity cash volumes rose 9% month-on-month to ₹1.16 trillion in May, lifted by a rally in mid and small-cap stocks; F&O volumes declined due to tighter norms
The Sensex settled at 81,451, down by 182 points or 0.22 per cent, while the Nifty50 closed at 24,750.1 levels, down by 82.90 points or 0.33 per cent
BSE share price today hit a new high of ₹2,670 as it rallied 8.3 per cent on the National Stock Exchange in the intraday trade
The sharp uptick in the market price of unlisted NSE is also attributed to demand from retail and high-net-worth individual (HNI) investors
The Rs 168-crore initial share sale of integrated power solution company Prostarm Info Systems received 12.65 times subscription on day two of the bidding on Wednesday. The initial public offering (IPO) received bids for 14,16,94,842 shares, as against 1,12,00,000 shares on offer, as per NSE data. The non institutional investors category got subscribed 27.23 times, while the quota for Retail Individual Investors (RIIs) fetched 13.04 times subscription. The Qualified Institutional Buyers (QIBs) part received 1.03 times subscription. The IPO has a fresh issue of 1.6 crore equity shares. The price band for the offer is fixed at Rs 95-105 per share. Prostarm Info Systems intends to utilise Rs 72.50 crore of the total IPO proceeds towards funding capital requirements of the company, Rs 17.95 crore for payment of debt and the remaining capital will be used for achieving inorganic growth through unidentified acquisitions and other strategic initiatives as well as for general corporate ...
Stainless-steel tubes and pipes manufacturer Scoda Tubes on Tuesday raised Rs 66 crore from anchor investors, a day before its initial share sale opening for public subscription. The anchor investors who invested in the company are Malabar India Fund, MNCL Capital Compounder Fund 2, Aarth AIF Growth Fund, IMAP India Capital Investment Trust - Catalyst New India Fund, Chhattisgarh Investments and Swyom India Alpha Fund, according to a circular uploaded on BSE's website. As per the circular, Scoda Tubes allotted 47,14,200 equity shares to these anchor investors at Rs 140 a piece, which is also the upper end of the price band. The Gujarat-based company's IPO is entirely a fresh issue of equity shares, aggregating up to Rs 220 crore with no offer for sale (OFS) component. The issue, with a price band of Rs 130-140 per share, will open for public subscription on May 28 and conclude on May 30. Proceeds of the issue will be used to expand the production capacity of seamless and welded tu