Stock Markets Today: As of 6:31 AM, GIFT Nifty Futures were down 54 points at 22,137, hinting at a negative start.
Data sourced from PrimeDatabase suggest that the IPO pipeline for CY25 continues to remain strong, as 44 companies have already received approval from Sebi
Ajax Engineering has garnered favorable reviews from brokerages, including KR Choksey, Reliance Securities, and BP Equities, for its public offering
At 6:31 AM, GIFT Nifty Futures were trading 16 points higher at 23,476, signaling a flat to positive start for Indian bourses
The Reserve Bank of India may cut the benchmark repo rate by 25 basis points to 6.25 per cent later in the day
Stock Market Highlights on February 5, 2025: Broader markets outperformed the benchmarks, with small-cap shares leading the charge, as the Nifty Smallcap100 index ended higher by 1.85 per cent
At 6:33 AM, GIFT Nifty futures were up 71 points at 23,856, signaling a higher start for Indian markets
At 6:50 AM, GIFT Nifty futures were trading 173 points lower at 23,382, indicating a potential gap-down start for the markets
Finance Minister Nirmala Sitharaman will present her eighth consecutive budget today. This will also be the second budget under the third term of the Modi administration
Back home, at 6:40 AM, GIFT Nifty futures indicated a strong start, up 71 points at 23,489
At 6:31 AM, GIFT Nifty futures pointed to a positive start, trading 76 points higher at 22,922
The initial share sale of Denta Water and Infra Solutions Ltd garnered 221.52 times subscriptions on the closing day of bidding on Friday. The initial public offer got bids for 1,16,29,62,200 shares against 52,50,000 shares on offer, as per NSE data. The quota for non-institutional investors bagged a massive 507.05 times subscription, while the Qualified Institutional Buyers (QIBs) portion subscribed 236.94 times. The portion for Retail Individual Investors (RIIs) garnered 90.33 times the subscription. Denta Water and Infra Solutions on Tuesday said it has raised a little over Rs 66 crore from anchor investors. The issue has a price band of Rs 279-294 per share. The IPO is entirely a fresh issue of 75 lakh equity shares worth Rs 220.5 crore at the upper end of the price band. Proceeds to the extent of Rs 150 crore will be utilised to meet working capital requirements, and a portion will be used for general corporate purposes. Founded in 2016, Denta Water and Infra Solutions Ltd
Stock Market LIVE on Friday January 24, 2025: At 6:56 AM, GIFT Nifty futures were trading 33 points higher at 23,297, indicating a higher start for the bourses
Here is the complete list of IPO activities scheduled to take place next week, from Monday, January 27, to Friday, January 31, 2025
Stock Market LIVE on Thursday, January 23, 2025: At 7:17 AM, GIFT Nifty futures were trading 63 points lower at 23,136, indicating a lower start for the bourses
On the National Stock Exchange (NSE), Stallion India shares listed at Rs 120 apiece, showing a premium of Rs 20 or 33.33 per cent against the issue price
Sebi Chairperson Madhabi Puri Buch on Tuesday said the capital markets regulator has found "egregious misuse" of funds raised through initial public offerings (IPOs) by certain companies and urged investment bankers to desist from helping such entities access the capital markets. Even before the term "agentic artificial intelligence" was coined, Sebi had been working on a tool based on that concept to process IPO documents faster, Buch said. Speaking at an event organised by Association of Investment Bankers' of India (AIBI), Buch said the i-bankers know exactly when they are bringing a "pump and dump" company to the market. "You (i-bankers) should not bring a bad company to the market," she urged the audience comprising rainmakers. There are markers like the high fees being paid to the banker, or the company having less or no staff at all or no visits by the bankers to the facilities of a company which speak loudly about the intent behind an issuance and it being a "pump and dump"
Non-institutional investors (NIIs) have shown major interest in Stallion India IPO, subscribing at 216.08 times, while Retail investors have subscribed at 60.31 times
The units of Capital Infra Trust, an infrastructure investment trust (InvIT), made a flat market debut on Friday, listing at par with the issue price of Rs 99. On the BSE and NSE, the units got listed at Rs 99. The units ended at Rs 99.01, a marginal gain of 0.01 per cent on the BSE. Intra-day, it hit a high of Rs 99.49 and a low of Rs 98.57. On the NSE, the company's units ended at Rs 99.02. The company's market valuation stood at Rs 2,726.74 crore. The Initial Public Offer (IPO) of Capital Infra Trust received 2.80 times subscription on the final day of bidding on January 9. The issue had a price band of Rs 99-100 per unit. The company's IPO had a combination of a fresh issue of units aggregating up to Rs 1,077 crore and an Offer For Sale (OFS) of units valued up to Rs 501 crore by the sponsor selling unitholder Gawar Construction Ltd. The public issue of Capital Infra Trust (formerly National Infrastructure Trust) became the first InvIT IPO of 2025. According to its prospec
A total of 1,000 companies are expected to float initial public offerings (IPOs) in the next two financial years, the Association of Investment Bankers of India (AIBI) said on Friday. This remarkable number of initial public offerings would be driven by economic growth, favourable market conditions and improvements in the regulatory framework. Additionally, the total amount of fundraising through IPOs and qualified institutional placements (QIPs) is anticipated to be more than Rs 3 lakh crore in next fiscal (FY26), the apex body for investment bankers said. The Indian capital market has been growing at an enormous pace over the past few years. In the last six fiscal years till date, 851 companies -- 281 main-board, 570 SMEs -- floated their IPOs raising collectively Rs 4.58 lakh crore. In FY 2024, a total of Rs 67,955 crore was mobilised through IPOs. This includes Rs 61,860 crore via main-board and Rs 6,095 crore through SME. Moreover, 61 QIPs raised around Rs 68,972 crore. "Ind