Page 3 - Equity

Casa, term deposits more than double in 10 years, says Pankaj Chaudhary

The amount raised by equity issuances registered a compound annual growth rate (CAGR) of 9.2 per cent, reaching Rs 1.97 trillion at the end of FY24

Flexible workspace operators bullish on growth, raise equity: Report

Flexible office space providers are bullish on demand for managed workspace during 2025 as corporates look for agile and cost-effective solutions to reduce overheads. Many flexible workspace operators are expected to hit capital markets this year to raise funds for the expansion of their businesses. The overall gross leasing of office spaces across major seven cities hit an all-time high in 2024. The gross leasing of office space rose 19 per cent to a record 885.2 lakh square feet across eight major cities, according to Cushman & Wakefield. Flexible office space operators rented substantial space from real estate developers and property owners for renting out to small, medium and large enterprises. Bengaluru-based operator Simpliwork Offices CEO and Founder Kunal Walia said the company will keep expanding its portfolio across major cities to meet the rising demand for flexible workspaces. "Companies are increasingly seeking agile, cost-effective solutions to adapt to the evolving

Time's ripe for investors to raise equity exposure: Trideep Bhattacharya

However, we expect the focus to shift back to 'corporate earnings recovery' in the second half

An opportunity in capex decline: Scrap new schemes, BSNL equity infusion

Not too many tears would be shed for a squeeze on capex if the hit is primarily on infusing equity into a state-owned enterprise and on new schemes that are yet to be announced

Pioneer Jellice and Ashok Matches launch open offer for IGCL Stake

This comes after Narmada Gelatines Ltd (NGL), a subsidiary of Pioneer Jellice, acquired 1 million shares of India Gelatine at a price of Rs 408 per share, for a total value of Rs 40 crore on Wednesday

Lock-up on nearly Rs 1.2 trillion pre-IPO shares to lift in two months

The expiry of the lock-in period could have implications for these companies, as some investors might look to sell their holdings

Godrej Properties to raise Rs 6,000 crore via QIP for business expansion

Godrej Properties will raise Rs 6,000 crore by selling equity shares to institutional investors through QIP issue as it looks to expand business amid strong demand for residential plots and apartments. On Wednesday, the company has launched its Qualified Institutional Placement (QIP) issue to raise up to Rs 6,000 crore. According to market sources, Godrej Properties has received a strong response from domestic and global investors and the company will raise the entire Rs 6,000 crore. The QIP issue is likely to be closed on Thursday. Last month, the company's board approved raising of up to Rs 6,000 crore through the issue of securities. In a regulatory filing on Wednesday, Godrej Properties informed that the QIP Placement Committee approved the floor price for the QIP issue at Rs 2,727.44 per equity share. Godrej Properties' share price closed at Rs 2,833.05 apiece on Wednesday, down 2.35 per cent from Tuesday. Godrej Properties is one of the leading developers in the country.

Suraksha Diagnostic aims to raise Rs 846 cr through IPO, sets price band

Integrated diagnostic chain Suraksha Diagnostic Ltd on Tuesday said it has fixed a price band of Rs 420 to Rs 441 apiece for its Rs 846-crore initial public offering (IPO). The initial share-sale will open for public subscription on November 29 and conclude on December 3 and the bidding for anchor investors will open for a day on November 28, the company announced. The Kolkata-headquartered company's IPO consists of an Offer-for-Sale (OFS) of 19,189,330 equity shares worth Rs 846.25 crore, at the upper end of the price band, by promoters and investor shareholders, with no fresh issue component. Under the OFS, promoters -- Somnath Chatterjee, Ritu Mittal, Satish Kumar Verma and investors -- OrbiMed Asia II Mauritius Ltd, Munna Lal Kejriwal and Santosh Kumar Kejriwal will offload shares. Since the issue is completely an OFS, the company will not receive any proceeds and all the funds will go to the selling shareholders. Explaining the reason for going public, the company said it is

Sobha Q2: PAT jumps to 75% to Rs 26.1 cr, net revenue grew 24% annually

The company's total revenue grew to Rs 965.2 crore as against Rs 773.6 crore, up 24.77 per cent

Cabinet approves infusion of Rs 10,700 crore equity in FCI in FY25

The decision is aimed at enhancing the operational capabilities of FCI in fulfilling its mandate effectively

Cushioning the blow: Low on equities, hybrids withstand market turmoil

BAFs decline 2.7% on average compared to a 5.4% fall in Nifty 50

Moneyboxx Finance raises Rs 176 cr via allotment of equity shares, warrants

Moneyboxx Finance, a NBFC providing business loans to micro entrepreneurs, on Friday said it raised Rs 176 crore to support growth plans. In a filing to BSE, the company announced the allotment of equity shares and warrants convertible to equity amounting to Rs 176 crore. The capital raise includes Rs 63 crore via preferential equity issue and Rs 113 crore via equity warrants from both promoters and non-promoters. "The company has received Rs 91 crore, which includes Rs 63 crore from preferential equity issue and Rs 28 crore from warrants, and the balance Rs 85 crore pursuant to warrants is receivable within 18 months," Moneyboxx Finance said. The net worth of the company stood at Rs 174 crore as on June 30, 2024, which has increased by over 50 per cent by August 31, 2024 and will double with the total equity raise of Rs 176 crore, it said. Over two-thirds of the fund raise has come from promoters and existing shareholders, demonstrating their confidence in the business model and

EQT to buy GeBBS Healthcare Solutions to expand in healthcare tech

The acquisition from ChrysCapital is aimed at accelerating GeBBS' growth as demand for RCM services increases amid complex US healthcare operations

Mutual fund body Amfi calls for roll back of equity tax, STT hike

Says higher tax will disrupt financialisation of savings

Budget 2024 brings relief for gold ETFs, equity FoFs, international schemes

According to MF officials, these offerings had unintentionally got classified as debt funds last year, and this budget makes a course correction

Retirement MFs: Equity allocation, flexible withdrawal options key benefits

Stay invested even after lock-in ends to gain from compounding

Domestic private equity funds share in total up 2.5 times in 4 years

Even average deal sizes of key domestic PE players like Kedara and CrysCapital doubled to $100 million in 2023 from $50 million in 2019

Working on AI to provide quality research: Share.Market CEO Ujjwal Jain

We have touched approximately Rs 19k cr every month of fresh money coming into the mutual fund industry, Jain said

LS polls: India equity options pricing in a no-surprises election verdict

At this time in 2019, the implied volatility was 28 per cent-30 per cent, suggesting an investor had to pay much more to protect against an unexpected outcome -- a BJP loss -- that year

IIFL Finance board approves rights issue to raise Rs 1,271.83 crore

The issue price for the rights offer is Rs 300 per share, which is at a 29% discount to closing price of Rs 421.7 per share on Tuesday