The book-built issue is a combination of a fresh issue of 42.04 lakh shares worth ₹50.02 crore and an offer for sale (OFS) of 19.99 lakh shares amounting to ₹23.79 crore.
The retail investor portion was subscribed 0.37 times, while the non-institutional investors (NII) portion was subscribed 0.74 times.
ATC Energies System has set the price band in the range of ₹112-118, and a lot size of 1,200 shares
Lathia's appointment is part of Kotak's strategic efforts to strengthen its leadership and drive growth through innovation, the bank said in a statement
Banking stocks-led the rally with NSE PSU Banks surging up to 3 per cent. In addition, the Nifty Realty index jumped 1.79 per cent and Nifty Oil & Gas surged nearly 1.5 per cent.
Central Depository Services will facilitate these transactions, ending manual settlements and aligning with Sebi's SECC Regulations
The Sensex rose 558 points, or 0.7 per cent, on Friday to close at 76,906, while the Nifty 50 gained 160 points to end at 23,350
Bourse removes two stages of the transfer process, bringing down the timeline from over four months to four days
The Mumbai Metropolitan Region Development Authority has allotted over an acre of prime land to NSE on a long-term lease of more than 80 years
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Despite some progress, women still underrepresented in certain sectors
Analysts have already begun scaling back BSE's earnings growth estimates, stating that NSE's move could help it reclaim its market share
White Oak Capital Partners has launched a mutual fund scheme - TCW White Oak Emerging Markets Equity Fund - in the US along with global asset manager TCW
Over the last two sessions, the Sensex gained 1.85 per cent and the Nifty rose by 2.1 per cent
IIFL Facilities Services on Thursday bought additional shares of Avanti Feeds for Rs 470 crore through an open market transaction. IIFL Facilities Services is an arm of IIFL Capital Services and a part of IIFL Group. According to the block deal data available on the National Stock Exchange (NSE), IIFL Facilities Services purchased 59.77 lakh shares or 4.4 per cent stake in Avanti Feeds. The shares were acquired at an average price of Rs 786 apiece, taking the transaction value to Rs 469.82 crore. Thailand-based Thai Union Group offloaded a similar number of shares at the same price, as per the NSE data. Shares of Avanti Feeds went up 0.36 per cent to close at Rs 788.95 apiece on the NSE. On Tuesday, IIFL Facilities Services picked up a 4.4 per cent stake in Hyderabad-based Avanti Feeds for Rs 435 crore. Thai Union Group is a producer of seafood based products. In a separate block deal on the BSE, Fidelity International acquired an additional 1.64 per cent stake in Campus Active
The derivative contracts of Bank Nifty, Midcap Nifty, and other indices and stocks are also being moved to last Monday of the respective month
The announcement marks the first additions of digital era stocks to the country's most widely tracked equity gauge. Zomato was included in the BSE Sensex late last year
The NSE has accused ICCL of "overcharging," even as the latter has raised a demand of approximately ₹100 crore from the exchange
Mukesh Ambani's Reliance Industries is the most valuable company for the fourth consecutive year
The IPO-bound NSE's valuation jumped 201 per cent in 2024 to Rs 4.7 lakh crore, a report said on Tuesday. The largest India equity bourse, which is reported to have restarted its listing process by applying for a no-objection from markets regulator Sebi, is already the 10th-most valuable private company in the country, as per the 2024 Burgundy Private Hurun India 500 list of listed as well as unlisted companies. The valuation was pegged at Rs 3.12 lakh crore, as per a September 2024 report. Another media report said the company, which also runs the world's largest derivatives exchange, aims to sell 10 per cent of holding in the IPO. The overall revenues jumped 28 per cent to Rs 16,352 crore in FY24, and the post-tax profit surged 51 per cent to Rs 8,306 crore. The stock bourse had moved on the listing plans after getting some clarity on allegations of not allowing equitable access to its members. Hurun said it has travelled across the country and spoken with industry experts, ...