Page 10 - Investors

Prosus writes off 9.6% stake in Byju's, marking $493 million in loss

Prosus has invested around $500 million in Byju's over the years. Other Indian startups in Prosus' portfolio include Swiggy, Meesho, and Eruditus

Investors subscribe IPO of Stanley Lifestyles 1.43 times offer size

The initial public offer of luxury furniture brand Stanley Lifestyles got subscribed 1.43 times on the first day of subscription on Friday. The initial share sale received bids for 1,46,69,560 shares against 1,02,41,507 shares on offer, as per NSE data. The category for non-institutional investors fetched 2.01 times subscription while the quota for Retail Individual Investors (RIIs) got subscribed 1.80 times. The part meant for Qualified Institutional Buyers (QIBs) received 30 per cent subscription. The Initial Public Offer (IPO) has a fresh issue of up to Rs 200 crore and an offer for sale of up to 91,33,454 equity shares. Price range for the offer is fixed at Rs 351-369 per share. Stanley Lifestyles on Thursday said it has raised a little over Rs 161 crore from anchor investors. The Rs 537 crore IPO will conclude on June 25. The net proceeds from the fresh issue to the tune of Rs 90.13 crore will be used by the company towards expenditure for opening new stores, Rs 39.99 crore

Investors subscribe IPO of DEE Development Engineers 99 times offer size

The initial public offer of piping solutions provider DEE Development Engineers got subscribed 98.98 times on the last day of subscription on Friday. The Rs 418 crore initial share sale got bids for 1,47,92,58,933 shares against 1,49,44,944 shares on offer, according to NSE data. The portion for Qualified Institutional Buyers (QIBs) received a whopping 201.91 times subscription while the category for non-institutional investors got subscribed 143.43 times. The part for Retail Individual Investors (RIIs) received 22.52 times subscription. The Initial Public Offer (IPO) has a fresh issue of up to Rs 325 crore and an offer for sale of up to 45,82,000 equity shares. The price range for the offer is Rs 193-203 per share. Dee Development Engineers Ltd on Tuesday said it has mobilised a little over Rs 125 crore from anchor investors. Of the Rs 325 crore fresh issue proceeds, Rs 175 crore will be used for payment of debt, Rs 75 crore for funding working capital requirements, and the rema

Retail investors share in equity AUM pie shrinks for third straight year

Equity MF schemes have seen a surge in investors' interest in recent years amid a bull run in the equity market

Are you a frog, pig, vulture or an ape as a stock market investor?

Types of stock market investors: Each investor category as their own interpretation of the Indian stock market, which in turn reflects in their investment strategy

Motilal Oswal launches defence index fund; 50% investors prioritise returns

The index fund will track the Nifty India Defence Index, which comprises 15 companies operational in the defence manufacturing and servicing industry

Centre's fiscal flexibility sparks optimism: 3P Founder & CIO Prashant Jain

Jain delves into how the fund is striving to stand out in a competitive market landscape

RBI opens gates for investors, companies to invest in overseas funds

The RBI issued a circular on Friday amending the Foreign Exchange Management (Overseas Investment) Directions, 2022, lifting several restrictions

Per Annum Celebrates Delivering 100% Expected Returns to its 5 Lakh Plus Investors

.

Explained: Sebi's plan to make investing easy for small investors

SEBI wants to make investing in the stock market easier for people with smaller amounts of money. Watch the video to know how.

Ixigo's parent firm says investors sell shares worth Rs 176 cr in pre-IPO

Le Travenues Technology Ltd, which operates travel booking platform ixigo, on Friday said its existing sharehoders have completed the sale of equities worth a little over Rs 176 crore in a pre-IPO round. Those who picked up shares are Ashoka India Equity Investment Trust Plc, Tata Multi Asset Opportunities Fund, Tata Digital India Fund, Bay Capital Holdings and Steadview Capital Mauritius, ixigo co-founders Aloke Bajpai and Rajnish Kumar told PTI in an interaction. The travel aggregator's certain shareholders -- SAIF Partners India IV Ltd, Peak XV Partners Investments V (formerly known as SCI Investments V), Micromax Informatics Ltd, and Catalyst Trusteeship Ltd -- collectively sold 1.89 crore shares to these institutional investors on June 6 at Rs 93 apiece, which is also the upper end of the price band for the company's Rs 740-crore IPO. At this price, the total transaction is pegged at Rs 176.2 crore. This pre-IPO round has been completed just before the anchor round that opens o

Sebi launches 'Saarthi 2.0' mobile app for investors: All you need to know

The app is packed with tools to make complex financial concepts easier to understand, according to Sebi

Sebi introduces 'Saarthi 2.0' mobile app on personal finance for investors

Capital markets regulator Sebi on Monday launched a mobile app 'Saa?thi 2.0' on personal finance for investors with comprehensive tools aimed at simplifying complex financial concepts. "The updated 'Saa?thi' app introduces a user-friendly interface with comprehensive tools aimed at simplifying complex financial concepts," Sebi said in a statement. The app includes financial calculators and has modules that introduce and explain KYC procedures, mutual funds, ETFs, buying and selling shares on stock exchanges, investor grievances redressal mechanism, and the Online Dispute Resolution (ODR) platform. Additionally, the app features a range of videos designed to assist investors in their personal finance planning. "In today's era, where social media sometimes provides biased or misleading information, there is a significant need for an unbiased, objective, and trusted source of investment information," Ananth Narayan G, Whole Time Member, said during the launch. "The Saa?thi app serves

Investors flock to Aramco share sale that could raise $13 billion

The offering will be a gauge of Riyadh's appeal to foreign investors, a key plank of the kingdom's plan to overhaul its economy. Foreign direct investment has repeatedly missed its targets

Tesla blasts Glass Lewis after adviser seeks rejection of Musk pay package

The EV maker's board has been working to rally shareholder support ahead of its June 13 annual meeting

Musk offers factory tours to investors as he seeks support for pay package

The company is making an unusual and public effort to rally support for Musk's pay

PM Modi needs to win 303-plus seats to extend stock market rally: Investors

Indian equities have risen to records, while the currency and bond markets are near their highest levels in over two months days ahead of the election results on June 4

JM Financial ARC's capital adequacy falls below regulatory norms

Existing investors to infuse up to Rs 1,000 crore equity

Special situation funds: Ideal for high-risk investors with long horizon

These funds at times invest in companies going through corporate restructuring, such as mergers, demergers, or buybacks

Foreign pressure

Higher repatriation by investors must be studied