After four successive quarters of decline, total promoter ownership in NSE-listed and Nifty 500 companies held broadly steady at 50.1 per cent and 49.3 per cent, respectively, in Q2-FY26
Investcorp has divested a 6.8 per cent stake in NDR InvIT through a Rs 305 crore block deal, the largest secondary stake sale in the warehousing InvIT sector
The initial share sale of iValue Infosolutions Ltd received 1.82 times subscription on the closing day of bidding on Monday. The company's IPO received bids for 2,38,25,200 shares against 1,31,17,272 shares on offer, according to NSE data. The category for Qualified Institutional Buyers (QIBs) got subscribed 3.18 times. The portion for Retail Individual Investors (RIIs) attracted 1.28 times subscription and non-institutional investors quota received 1.26 times subscription. Creador-backed iValue Infosolutions on Wednesday garnered Rs 168 crore from anchor investors. The Rs 560-crore public offering has a price band of Rs 284-299 per share. At the upper end, the company is valued at around Rs 1,600 crore. The IPO is a complete offer-for-sale (OFS) of 1.87 crore equity shares by promoters, an investor and individual shareholders, worth Rs 560 crore at the upper end of the price band. Since the entire issue is an OFS, all proceeds will go directly to the selling shareholders rather
The listing price of Scoda Tubes was significantly below grey market estimates of ₹160
Despite receiving a solid response from investors, shares of NR Vandana Textile made a flat debut at ₹45, missing the GMP estimates
Airtel Payments Bank must go public by September 2027 after crossing ₹500 crore net worth; FY25 net profit rises 82.5 per cent to ₹63 crore
Renewable energy solutions provider Waaree Renewable Technologies on Wednesday announced that it has been listed on the National Stock Exchange of India (NSE). "Waaree Renewable Technologies Limited's NSE debut is a strategic inflection point. It provides the company with wider stakeholder engagement, and enhanced capital access to drive future expansion," the company said in a statement. Shares of the company were trading 0.85 per cent lower at Rs 856.95 apiece on the NSE. This listing not only elevates the company's market visibility and investor accessibility but also highlights its remarkable growth trajectory and commitment to building a greener, self-reliant India, the statement said. "Being listed on the NSE is a defining moment in our journey. It symbolises scale, credibility, and intent," said Viren C Doshi, Director at WRTL. With execution of over 1.82 GW in solar EPC installations and currently managing execution of an additional 1.7 GW of projects, WRTL has solidified
Shares of Quadrant Future Tek hit a new high of Rs 634, surging 18% on the BSE in Tuesday's intra-day trade amid heavy volumes.
Shares of ITC Hotels Ltd, the demerged hotels business of FMCG conglomerate ITC Ltd, will list on the stock exchanges on January 29. Demerger of ITC's hotel business came into effect on January 1, 2025, with January 6 fixed as the record date. The move separated ITC Hotel from the parent entity. Following this, the equity shares of ITC Hotels will be listed and admitted to dealings on the exchange with effect from January 29, 2025, according to a circular by the National Stock Exchange (NSE). "The equity shares of ITC Hotels Limited...shall be traded in Series 'BE' and subsequently be shifted to Series 'EQ'," it added. Separately, ITC, in a regulatory filing, informed that ITCHL received approval from the National Stock Exchange of India Ltd and BSE Ltd for listing and trading of its equity shares effective January 29, 2025. On January 6, the BSE and NSE conducted a special trading session to discover the price for ITC hotels business post demerger. As per the demerger scheme, IT
Thus far in the month of January 2025, the BSE IPO index has tanked 11 per cent, as against 2.6 per cent decline in the BSE Senex.
Neilsoft, a technology-driven engineering services and solutions company, has filed draft papers with capital markets regulator Sebi to raise funds through an initial public offering (IPO). The Pune-headquartered company's IPO is a combination of a fresh issue of shares worth Rs 100 crore and an offer for sale (OFS) of 80 lakh shares by promoters and other selling shareholders, according to the draft red herring prospectus (DRHP) filed on Thursday. Those selling shares in the OFS include Small Industries Development Bank of India and SICOM Ltd. Proceeds from the fresh issue to the extent of Rs 69.63 crore will be used for funding of capital expenditure. Besides, a portion will be utilised for general corporate purposes. Founded in 1991, Neilsoft provides customised engineering services, including AEC design solutions, industrial plant design, and manufacturing equipment and production line design. It also offers Engineering Process Outsourcing (EPO) services and develops tailored .
As of September 2024, the company's portfolio has 11 operational properties, comprising 2,036 keys across the luxury, upper upscale and upscale segments
Shares of Enviro Infra Engineers soared 19% to Rs 263.90 on the BSE in Tuesday's intra-day trade, and quoted at 78% premium over its issue price of Rs 148 per share.
At 12:19 pm; NTPC Green market-cap stood at Rs 1.02 trillion, while the stock had surged to Rs 121.15 - up 12 per cent when compared to its issue price of Rs 108 per share.
At 11:15 am on Wednesday; Swiggy's market cap stood at Rs 100,148 crore (Rs 1.0 trillion), the NSE data shows.
Post listing, the stock of speciality retail company has moved higher to Rs 415.50, a 7 per cent premium over its issue price of Rs 389 per share on the BSE at 10:04 am.
Shares of Allied Blenders and Distillers listed at Rs 320, a 14 per cent premium over its issue price of Rs 281 per share on the National Stock Exchange on Tuesday.
Nephro Care India IPO: This NSE-SME IPO was subscribed 5.5 times within hours on Day 1 of the offer period.
Shares of super-premium and luxury furniture maker Stanley Lifestyles listed at 499, a 35% premium against its issue price of Rs 369 on the BSE on Friday.
Allied Blenders & Distillers IPO closes for subscription on June 27; Share allotment expected on June 28 and the stock is likely to be listed on July 02, 2024.