Stock Market Highlights on Monday, June 24: Sectorally, the Nifty Media index fell 1.8 per cent, followed by the Nifty Metal, and PSU Bank indices (down 0.6 per cent each)
Post listing, the stock surged 12.5 per cent to hit an intraday peak of Rs 78.75 per share
ixigo IPO listing: Given the strong demand indicated by the oversubscription, the grey market premium (GMP) for ixigo shares as of June 17, 2024, stands at Rs 29
Beacon Trusteeship's initial public offering (IPO) is set to open for subscription on Tuesday, May 28, 2024
The Refractory Shapes IPO, valued at approximately Rs 18.60 crore, comprises a fresh issue of 6,000,000 equity shares with a face value of Rs 10, with no offer-for-sale component
Shares of Emmforce Autotech locked in upper circuit of 5 per cent at Rs 195.51 on the BSE on Tuesday at 02:47 pm, nearly doubled against its issue price of Rs 98 per share
RCRS Innovations intends to utilise net proceeds from the offering to meet its working capital requirement and expand its battery manufacturing capacity
Tata Tech IPO: The shares of Tata Technologies will likely be listed on the bourses (BSE & NSE) on November 30
As on June 2023, IREDA's portfolio of outstanding term loans stood at Rs 47,206.66 crore. The company's term loans outstanding are spread across 23 states
Stocks to Watch on August 21, 2023: Jio Financial Services will be listed on the exchanges today. Experts believe the stock could top the Rs 300-mark on listing
At the upper end of the price band, the issue plans to raise Rs 45.14 crore. The issue comprises a fresh issue of 74 lakh equity shares
Delhivery provides supply chain solutions to a diverse base of 23,113 active customers such as e-commerce marketplace, direct-to-consumers e-tailers, and enterprises across several verticals.
The broader markets ended with deeper cuts, the BSE Midcap and Smallcap indices were down 1.5 per cent each
Debutants exhibited mixed outing on Day 1. PB Fintech was up 4.4 per cent, Sigachi Industries zoomed 270.5 per cent, while SJS Enterprises ended at a 5 per cent discount to issue price
The initial public offer (IPO) of KDL got a strong response from the investors as the issue got subscribed 64.38 times
For those who didn't get the IPO allotment, analysts say the business model, industry outlook, management acumen and valuations of these companies should be kept in mind before investing
Of 85 IPOs to hit the market between FY17 and FY19, 58 ended at a premium to their offer prices
The Securities and Exchange Board of India (Sebi) plans to reduce the time taken for a security to list on an exchange from the date of closure of its initial public offer (IPO) to three days, instead of the earlier envisaged timeline of four days. At present, public issues take six days (termed T+6) to list after closing for subscription. Reducing the listing timeline to T+3 days would, feel experts, help reduce the impact of market volatility.On January 1, 2016, Sebi had brought down the time taken for listing of shares to six days, from the earlier 12 days. Investors were also allowed to give their application forms to banks, brokers, depository participants and registrar & transfer agents. Earlier, the forms could be sent only through banks and brokers. The regulator had also made use of Application Supported by Blocked Amount (Asba) compulsory for all categories of investors. In this, an IPO applicant's account doesn't get debited until the shares are allotted. This does away