Sebi identifies ₹77,800 crore as difficult-to-recover dues, outlines reforms for FPIs, intermediaries, takeover rules, and investor awareness in its FY25 annual report
Currently, SIFs allow asset management companies to offer a limited set of strategies across equity, debt, and hybrid categories
The initial public offer of Regaal Resources Ltd, a maize-based speciality product manufacturer, received 5.94 times subscription on the first day of bidding on Tuesday. The initial share sale got bids for 12,47,19,552 shares against 2,09,99,664 shares on offer, according to NSE data. Non Institutional Investors part fetched 10.77 times subscription while the quota for Retail Individual Investors (RIIs) got subscribed 5.58 times. Qualified Institutional Buyers (QIBs) category received 2.94 times subscription. Regaal Resources Ltd on Monday mobilised around Rs 92 crore from anchor investors. The price band has been fixed at Rs 96-102 per share. The IPO has a fresh issue of shares worth Rs 210 crore and an offer-for-sale of 94.12 lakh shares valued at Rs 96 crore by promoters, at the upper end of the price band. This aggregates the issue size to Rs 306 crore. Following the issue, the promoters' stake will reduce to approximately 71 per cent from 100 per cent. Of the fresh issue ..
Markets have held modest ranges in recent weeks, waiting to see whether the world's two largest economies can agree on a durable trade deal or if global supply chains will again be upended
The Sensex climbed 746 points (0.9 per cent) to close at 80,604, while the Nifty added 222 points (0.9 per cent) to settle at 24,585
Shipping and logistics solutions provider Shreeji Shipping Global Ltd, which on Monday fixed the price band at Rs 240-252 per share for its Rs 411-crore initial public offering, said the company may look at more overseas ports to expand its marine assets business. The company also said it has received a Letter of Intent (LOI) for setting up floating crane facilities for cargo and container lightening/topping-up at Diamond Harbour and other deep-draft locations under Syama Prasad Mookerjee Port, Kolkata, for 15 years. Earlier, the Jamnagar (Gujarat)-based Shreeji Shipping Global said it has fixed a price band of Rs 240-252 per share for its Rs 411-crore IPO, which will hit the market on August 19. The company said it plans to use Rs 251.2 crore of the IPO proceeds for the acquisition of dry bulk carriers in the supramax category in the secondary market, and Rs 23 crore for repaying debt. "We will be exploring various ports where there is lighterage and minor port operations. So be i
Steady capital flows prevent ruptures on volatile fault lines
With the Nifty in a sell-on-rise phase and key support levels under threat, markets brace for two mega IPOs even as NSDL's post-listing rally stuns the street
Names of the buyers weren't disclosed by the stock exchanges. However, banking sources said it included foreign and domestic funds
The India business, which accounted for 63 per cent of consolidated revenues, posted a 7.7 per cent growth in revenues
Electronics maker Amber Enterprises is planning a ₹4,200 crore investment under ECMS, while exploring pre-IPO or private equity options for ILJIN Electronics
Stock market close highlights, August 8: On the BSE, NTPC, Titan and Trent were the top gainers while Bharti Airtel, Tata Motors and M&M were among the major laggards.
Category III AIFs include hedge funds, quant funds, and those using complex trading strategies
Majority of diversified equity schemes deliver over 5% SIP return in 1 year even as market falters
Before the IPO, IDBI Bank owned 26 per cent and NSE owned 24 per cent. Following the listing, the shareholding of IDBI and NSE has decreased to 14.9 per cent each
The benchmark yield rose by 8 basis points (bps) to settle at 6.41 per cent - its highest since April 11 this year - against the previous day's close of 6.33 per cent
Sebi Chairman Tuhin Kanta Pandey rejects reports of ending weekly options expiries, says reforms in derivatives will undergo full market consultation before adoption
According to Prime Infobase data, the industrial sector has emerged as the frontrunner with nine IPOs so far this year, closely followed by consumer discretionary with seven
In Q1, three of the four AMCs registered double-digit profit growth compared to the same quarter last year
Morgan Stanley believes the soft earnings growth patch is ending, though market confidence still needs better clarity on external growth factors and GST rationalisation