Page 3 - Retail Investor

Investors subscribe Platinum Industries IPO 8 times on Day 1 of bidding

The initial public offer of Platinum Industries received 8.04 times subscription on the first day of share sale on Tuesday. The Rs 235 crore-IPO received bids for 7,74,20,952 shares against 96,32,988 shares on offer, as per NSE data. The portion meant for non-institutional investors got subscribed 13.58 times while the Retail Individual Investors (RIIs) quota received 10.21 times subscription. The category for Qualified Institutional Buyers (QIBs) fetched 7 per cent subscription. The Initial Public Offer (IPO) has a fresh issue of up to 1,37,61,225 equity shares. The price range for the offer is fixed at Rs 162-171 a share. Platinum Industries has mobilised over Rs 70 crore from anchor investors. Platinum Industries, a multi-product company, is engaged in the business of manufacturing stabilisers. Unistone Capital is the manager to the offer.

Shifting paradigms: Retail shuffle meets FPI market drive, shows data

Retail investors churn, while FPI adjustments drive notable market shifts

Retail investors' share in MF AUM goes past 60% for the first time in Dec

The retail pie in the MF AUM has been inching upwards for some years now, with the pace picking up after the Covid-19 pandemic

Retail investor interest in derivative trading, SMIDS concerning: RBI

The report said that the rally in the mid, small, and microcap segments was significantly larger than the gains made by the benchmark Nifty this year

Smallcap pie grows as retail investor faith soars, shows Capitaline data

Mutual funds' average holding in Smallcap 250 Index companies peaks at 9.26%

Sebi to introduce mechanism for verification in case of demise of investors

Capital markets regulator Sebi on Tuesday announced a centralised mechanism for reporting and verification through the KYC Registration Agency in case of the demise of an investor. Also, the regulator has put in place operational norms, including the obligations of regulated entities and registered intermediaries that have interfaces with investors or account holders who are natural persons. The new framework will come into effect from January 1, 2024, the Securities and Exchange Board of India (Sebi) said in a circular. Sebi said that listed companies wishing to provide beneficial access to such a centralized mechanism to their investors holding securities in physical form can establish connectivity with KRA through their RTAs. After receiving intimation about the demise of an investor, the concerned intermediary will have to obtain the death certificate along with the PAN from the notifier or nominee and verify the death certificate through online or offline mode. If the concern

Why individual investors' share in mutual funds assets is surging

Nearly six rupees out of every ten in individual MF investments are in equity schemes

Active clients drop for ninth month but discount brokerages build dominance

With markets delivering lacklustre returns and cost of trading rising, investors have turned more cost conscious, say industry players

Fractional realty ownership becoming popular with retail investors: Experts

Apart from being a pocket-friendly investment avenue, it also does away with the hassles of property management such as rent collection and maintenance

Retail investors are nervous; expect time-wise correction: Prakarsh Gagdani

Commenting on the extended trade timing for interest rate PRAKARSH GAGDANI, chief executive officer of 5paisa says that the fatigue of longer trading hours for regular traders will soon weigh in.

Retail mutual fund assets base grows 9.3% to over Rs 23 trn in January

Retail investors' interest in the Indian mutual fund industry has seen an uptick with the value of assets held by them witnessing a rise of 9.3 per cent to Rs 23.4 lakh crore in January this year. In comparison, the value of assets held by retail investors in mutual funds stood at Rs 21.40 lakh crore in January 2022, latest data with the Association of Mutual Funds in India (Amfi) showed. However, the value of institutional assets has marginally decreased to Rs 17.42 lakh crore in January 2023, from Rs 17.49 lakh crore in January 2022. Industry insiders believe the increase in asset base is mostly the result of advanced SIP (Systematic Investment Plan) flows, which touched Rs 13,000-crore for the fourth time in a row in January this year. In addition, industry body Amfi has played an important role in driving awareness towards mutual funds among retail investors. As per the data, flows through SIP rose to Rs 13,856 crore in January from Rs 13,573 crore in December. This was the fo

Retail investors keep faith on India stocks despite recent Adani rout

Retail investors such as Mistri are part of a groundswell that is changing the face of the world's second-biggest emerging market

Centre to sell up to 5% stake in IRCTC via OFS to garner Rs 2,720 crore

Floor price fixed at Rs 680/share, an over 7% discount to Wednesday closing price

Strong retail interest sees DCX Systems IPO subscribed 2.19 times on day-1

Price band set at Rs 197-207 a share; retail portion sold 8.7x

Amfi to block MF distributors indulging in 'splitting of transactions'

Amfi shall take necessary action i.e. blocking of such MF distributors for a period of six months: Sebi

Retail investors' returns lowest in equity markets in 2003-22: Report

Even as markets have grown manifold during the past two decades and so have mutual funds, retail investors made the least compared to fund houses in all asset classes as they have been churning their portfolios too fast when markets turned choppy, according to a report. According to an analysis of investor returns during the past two decades -- from 2003 to 2022 -- by Axis Mutual Fund, retail investors' returns were the lowest and those of fund houses the highest, be it in equity or hybrid funds (2003-22) and debt funds (2009-22). And the Axis AMC analysts attribute this mainly to the frequent churn that investor portfolios faced when the market turns choppy. Between 2003 and 2022, when fund houses gained as much as 19.1 per cent from equity funds investments, investors, primarily retail, gained the lowest at 13.8 per cent, while systematic investment returns were higher at 15.2 per cent, the analysts said. Similarly, investors' returns from hybrid funds were the lowest at 7.4 per

The retail connect

Stock market has benefitted from retail participation

Retail investors' holdings drop by Rs 1.67 trn to Rs 17.58 trn in Q1: Data

Shareholding of high networth individuals (HNIs) - those holding shares worth more than Rs 2 lakh in a company - also declined to 2.08 per cent as on June 30, from 2.21 per cent on March 31

Indian households unlikely to stop investing in stocks, says Morgan Stanley

Despite a record rise in trading by retail investors over the past eight years, Indian households remain "dramatically" underweight in the asset class, says Ridham Desai

What is a pullback rally?

Markets witness pullback rallies or reversal, after witnessing steep one-sided moves. Our next report will help you understand the three key parameters to identify a pullback and how can you use it