Page 25 - Nse

Prostarm Info Systems IPO receives 12.65x subscription on day-2 of offer

The Rs 168-crore initial share sale of integrated power solution company Prostarm Info Systems received 12.65 times subscription on day two of the bidding on Wednesday. The initial public offering (IPO) received bids for 14,16,94,842 shares, as against 1,12,00,000 shares on offer, as per NSE data. The non institutional investors category got subscribed 27.23 times, while the quota for Retail Individual Investors (RIIs) fetched 13.04 times subscription. The Qualified Institutional Buyers (QIBs) part received 1.03 times subscription. The IPO has a fresh issue of 1.6 crore equity shares. The price band for the offer is fixed at Rs 95-105 per share. Prostarm Info Systems intends to utilise Rs 72.50 crore of the total IPO proceeds towards funding capital requirements of the company, Rs 17.95 crore for payment of debt and the remaining capital will be used for achieving inorganic growth through unidentified acquisitions and other strategic initiatives as well as for general corporate ...

NSE valuation nears ₹6 trillion in unlisted market on IPO speculation

Sebi's circular issued on Monday has asked exchanges to submit their proposals before June 15

Ahead of IPO, Scoda Tubes raises Rs 66 crore from anchor investor

Stainless-steel tubes and pipes manufacturer Scoda Tubes on Tuesday raised Rs 66 crore from anchor investors, a day before its initial share sale opening for public subscription. The anchor investors who invested in the company are Malabar India Fund, MNCL Capital Compounder Fund 2, Aarth AIF Growth Fund, IMAP India Capital Investment Trust - Catalyst New India Fund, Chhattisgarh Investments and Swyom India Alpha Fund, according to a circular uploaded on BSE's website. As per the circular, Scoda Tubes allotted 47,14,200 equity shares to these anchor investors at Rs 140 a piece, which is also the upper end of the price band. The Gujarat-based company's IPO is entirely a fresh issue of equity shares, aggregating up to Rs 220 crore with no offer for sale (OFS) component. The issue, with a price band of Rs 130-140 per share, will open for public subscription on May 28 and conclude on May 30. Proceeds of the issue will be used to expand the production capacity of seamless and welded tu

Fujita Corp-backed Neilsoft refiles draft IPO papers; cuts fresh issue size

Fujita Corporation-backed Neilsoft Ltd has refiled its draft papers with markets regulator Sebi to raise funds through an initial public offering (IPO). The IPO will have a combination of a fresh issue of shares worth Rs 90 crore and an offer-for-sale (OFS) of 80 lakh shares by promoters and existing shareholders, according to the draft red herring prospectus filed on Monday. The company has reduced its fresh issue size from Rs 100 crore planned at the time of filing draft papers in December 2024. The regulator had returned these preliminary papers in March this year. Neilsoft, a technology-driven engineering services and solutions company, plans to use Rs 69.63 crore to fund capital expenditure and the rest 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

Derivatives contracts expiry days now limited to Tuesdays or Thursdays

The move aims to reduce market volatility and concentration risk on expiry days by allowing exchanges to offer index derivatives only on Tuesdays or Thursdays

National Stock Exchange offers $118 mn to settle Sebi case, revive IPO

The NSE in October paid Rs 6,400 crore to the regulator to settle a case involving alleged unfair access to its trading platform

Aegis Vopak IPO sees muted response; subscription lags at 7%, GMP 6%

Aegis Vopak Terminals IPO subscription status Day 1: The mainline IPO was subscribed only 7 per cent as of 2 PM on Day 1, according to data from National Stock Exchange

Small investors in derivatives segment declined 49% after Sebi curbs: Icra

ICRA report shows Sebi's F&O regulations have led to a sharp decline in smaller investor participation, with premium turnover under ₹10,000 falling 49 per cent

NSE seeks Sebi nod to move weekly index expiry from Thursday to Tuesday

NSE proposes shifting weekly index derivative expiry to Tuesday from Thursday as Sebi moves to standardise expiries and curb volatility

Belrise Industries IPO day 1 update; subscription lags at 47%, GMP 14%

Belrise Industries IPO subscription status Day 1: The issue was subscribed by 47 per cent as of 2:30 PM

Borana Weaves IPO Day 1: Subscription at 4x, retail investors lead demand

Borana Weaves IPO was subscribed by 2.33 times as of 11:30 AM, led by demand from retail investors

Equity volatility, liquid funds drive 2x growth in ETF volumes in FY25

ETFs tracking NSE indices recorded Rs 3.8 trillion in trades in FY25, more than double the FY24 figure, as equity swings, regulatory shifts and liquidity needs boost activity

Benchmarks slip for third straight day; Sensex, Nifty drop over 1%

Sensex drops 873 points and Nifty falls 261 as selling in HDFC Bank, ICICI Bank and Reliance leads broad-based losses across sectors with weak market breadth

Ashish Kacholia-backed Sri Lotus Developers gets Sebi nod for ₹792-cr IPO

Sri Lotus Developers IPO is an entirely fresh issue of shares worth ₹792 crore, with no offer for sale component

Sensex dips 271 pts, Nifty below 25k; IT dents sentiment; realty, PSBs rise

On the Sectoral front, Nifty IT emerged as top loser down by 1.37 per cent after Moody's downgraded the US government's credit rating on Friday

Inox India stock jumps 2% on strong Q4 performance; check key numbers here

Inox India stock was trading flat at ₹1,161.35 compared to the previous day's close of ₹1,160.55 on the NSE

D-St takes breather amid profit booking; Sensex dips 200 pts, Nifty at 25K

Indian equity benchmarks settled in red on Friday due to selective profit booking in key sectors such as IT, Metal and Banks

India-US trade deal hopes lift mood, Sensex up 1,200 pts, Nifty above 25k

The rally came after comments from President Trump that India had offered a zero-tariff trade deal to the United States

General Atlantic cuts 10% stake in KFin Technologies for ₹1,790 crore

The shares were offloaded in the price range of Rs 1,040.31-1,041.56 apiece on the National Stock Exchange (NSE), taking the combined transaction value to Rs 1,790.41 crore

SRF shares fall 3% despite strong Q4 results; check key numbers here

SRF stock was trading at ₹2,940, down 2.47 per cent from the previous day's close of ₹3,014.5 on the NSE