Page 4 - Listing

Stock Market Highlights, Aug 16: Sensex climbs 1,331 pts, Nifty ends near 24,550; IT, Banks shine

Stock Market Highlights today, Friday: All the sectoral indices settled with gains, led by Nifty IT, Auto, Media, and Realty indices, which ended over 2 per cent each

Pre-IPO allotments lose favour amid market buoyancy and larger float sizes

Opt to sell shares during IPO instead on hopes of better valuations

Identical Brains Studios plans to go public; aims Rs 56 cr revenue by FY26

Visual Effects (VFX) firm Identical Brains Studios on Monday announced its plan to go public with an initial public offer and aims to achieve revenue of over Rs 56 crore by FY2026. The Mumbai-headquartered VFX company has posted a revenue of Rs 20 crore and a profit after tax of Rs 4.9 crore in the fiscal 2023-24. It aims to achieve revenue of up to Rs 32 crore in the current financial year, a company statement said. According to the statement, the company, known for its work in the film and entertainment industry, announced its plans to go public. Leveraging its presence in Mumbai, Palghar (in Maharashtra), and Lucknow, the company is planning to achieve a revenue of up to Rs 56 crore by 2026, it stated. The company has appointed Socradamus Capital Private Ltd as the book-running lead manager for the initial public offer (IPO). Identical Brains Studios (IBS) has carved out a reputation for delivering cutting-edge VFX solutions, collaborating with top-tier studios and streaming ..

Lemon Tree plans to list its subsidiary Fleur Hotels to reduce debt

The management of the hotel chain told investors on its conference call that 90% of its debt lies in Fleur Hotels

Ola Electric Mobility rises 20% on debut on electric vehicle optimism

Following the listing of Ola, Aggarwal, who is just 38, has seen his net worth surpass $1.5 billion, cementing his place in the world's youngest billionaires list

Stocks To Watch Today, Aug 8: Financials, Real estate, MRF, Marico, NTPC

At 6:50 AM, GIFT Nifty futures were down 179 points, trading at 24,187.5, indicating a negative start for Indian stocks.

Will Sensex, Nifty rise or fall today? RBI Policy, weekly expiry in focus

All you need to know before market opens on Aug 8: Global stocks trade lower; GIFT Nifty hints at 150 pts gap-down; FIIs continue to sell; Nifty weekly expiry and RBI rate decision may set trend today

Ola Electric IPO fully subscribed on Day 2, retail portion booked 3 times

The electric two-wheeler maker has already allotted 364 million shares - worth Rs 2,763 crore - to anchor investors at Rs 76 apiece, the top end of the price band

Bansal Wire makes stellar debut; lists at 39% premium over issue price

The stock listed at Rs 356, a 39 per cent premium over its issue price of Rs 256 per share on the National Stock Exchange NSE on Wednesday.

Vraj Iron hits upper circuit after listing at 16% premium over issue price

Vraj Iron and Steel listed at Rs 240 apiece on both the BSE and NSE, marking a premium of 15.94 per cent over its IPO price of Rs 207 per share

Sebi considers sweeping changes to disclosure, listing requirements

Committee led by former whole-time member submits report on streamlining regulations

Allied Blenders and Distillers IPO subscribed 23.5 times on concluding day

Allied Blenders & Distillers had an estimated market share in sales volume of 11.8 per cent in the Indian whisky market for FY23

United Cotfab makes flat stock market debut; lists at 7% premium

Post listing, the stock surged 12.5 per cent to hit an intraday peak of Rs 78.75 per share

Sebi plans tighter rules for listing small biz after complaints of misuse

The news rules are slated to be issued later this year after the regulator and exchanges consult stakeholders, they said

FY25 to be best year for Happiest Minds since IPO: Chairman Ashok Soota

Happiest Minds believes it is in a unique position to capitalise on the opportunities presented by GenAI

Aadhar Housing Finance sets IPO price band of Rs 300 to Rs 315 per share

Aadhar HFC provides a variety of mortgage loan products for residential and commercial property purchase and construction, home improvement and extension

These 2 SME stocks more than double investors' wealth on market debut

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

Boult planning to get listed by next year, says co-founder Varun Gupta

Indian consumer tech brand Boult plans to go public next year, with a revenue benchmark of Rs 1,000 crore in FY25, as it expands into international markets and new categories, according to its co-founder Varun Gupta. In an exclusive interview with PTI, Gupta spoke in detail about his vision to make the Indian company global, listing out the homegrown brand, and his ambitious targets for this fiscal year. "We are not focusing on IPO this year, our primary focus is to foray into offline markets, international geographies, and new categories, but possibly in the next year," he said. The young entrepreneur said the company has set an internal touchstone for itself before it goes public. "... We have an internal benchmark, when we hit a Rs 1,000 crore revenue, that's when we want to go for an IPO. Technically, we're eligible to go for an IPO today because we're profitable and comfortably over Rs 500 crore. But we have an internal milestone of Rs 1,000 crore, and that is when we will ...

Vodafone Idea slumps 9% ahead of telecom company listing new shares

Firm's FPO saw nearly seven times more demand than shares on offer

Cross-margin benefits for index, futures extended; JNK IPO subscribed 49%

The initial public offering (IPO) of heating equ­ip­ment maker JNK India received 49 per cent subscription on the first day of bidding