Fintech unicorn Moneyview and Chandan Steel have secured Sebi's approval to raise funds through initial public offerings (IPOs), an update with the regulator showed on Friday. Moneyview filed preliminary IPO papers with Sebi in March, while Torrent Gas confidentially submitted draft documents with the regulator in April. The confidential filing route allows companies to submit draft offer documents to Sebi for review without immediately making commercially sensitive information public. After reviewing the draft papers submitted by the two firms, the regulator gave its 'observations' between June 29 and July 2,which, in Sebi's parlance, is equivalent to a go-ahead to float the public issue. Meanwhile,oilfield services provider Shivganga Drillers withdrew its draft papers on June 30, the update showed. The company filed preliminary papers with Sebi in December 2025 to mobilise Rs 400 crore through its IPO. The proposed maiden public offering was a completely fresh issue of shares wi
Rival exchange BSE Ltd was listed in 2017
Vedanta group's four demerged businesses are expected to list on the Bombay Stock Exchange and National Stock Exchange on Monday, sources said. Besides Vedanta Ltd, which is already listed, the shares of four newly created entities --Vedanta Aluminium Metal (VAML), Vedanta Oil & Gas (VOGL), Vedanta Power and Vedanta Iron & Steel (VISL) -- will begin trading on Indian stock exchanges. The much-awaited demerger is likely to unlock substantial value for shareholders since each company will now operate independently and raise capital as per its business plans, while giving investors an opportunity to invest in a specific sector. Vedanta's demerger was approved by the National Company Law Tribunal in December last year. Under the 1:1 approved demerger scheme, shareholders will receive one share of each demerged company for every one share held in the currently listed Vedanta Ltd. During an investors' call after the fourth quarter financial results, Vedanta Resources CEO Deshnee ...
OnEMI Technology shares listed at ₹190 per share on the NSE, reflecting a premium of ₹19 or 11.10 per cent over its IPO issue price of ₹171 per share
Om Power shares kicked off their maiden trading session on the NSE at ₹186 per share, reflecting a premium of ₹11 or 6.3 per cent over its IPO issue price of ₹175 per share
SP Group Chairman Shapoorji Pallonji Mistry on Friday again pressed for listing of Tata Sons, saying it is not merely a regulatory compliance but a necessary evolution in the public interest, reposing faith in the government and RBI to "act decisively" on the matter. In a statement, Mistry said the SP Group has "full faith in the government of India and the Reserve Bank of India to act decisively" on the matter of listing of Tata Sons -- the holding company of the coffee-to-cars-and-software conglomerate. So far, no clear evidence-based case has been presented to explain how a public listing would materially damage the interests of the Tata Trusts or reduce their ability to serve beneficiaries, he added. Mistry's comment comes amid reports that two of the trustees of Tata Trusts, Venu Srinivasan and Vijay Singh, have favoured public listing of Tata Sons. On the other hand, Tata Trust Chairman Noel Tata is against the move. "As I have stated earlier, we would like to reiterate that
Powerica shares opened at ₹366 on the NSE, a discount of ₹29 or 7.35 per cent from the issue price of ₹395
Central Mine Planning IPO comprises a fresh issue of 107.1 million equity shares worth up to ₹1,842.12 crore
Shares of Innovision started trading on the NSE at ₹467.7 per share, down 9.9 per cent from the IPO issue price
Shares of Rajputana Stainless started trading on the NSE at ₹122 per share, the same as the IPO issue price
Sedemac Mechatronics shares began trading on the NSE at ₹1,535 per share, up 13.5 per cent from the issue price of ₹1,352
Ambani said in August that Reliance was aiming to list Jio in the first half of 2026, a plan he had first signaled 2019 - back then with a five-year timeline
PNGS Reva Diamond Jewellery's shares opened at ₹375 on the NSE, a discount of ₹11 or 2.85 per cent from the issue price of ₹386
Clean Max Enviro shares opened at ₹960 on the NSE, a discount of ₹93 or 9 per cent from the issue price of ₹1,053
Escalating US-Iran tensions and fears of Strait of Hormuz disruptions are set to trigger a risk-off trade, with equities under pressure and oil, gold and safe-haven assets likely to gain
Sarda Energy & Minerals shares jumped 8 per cent after the Supreme Court struck down all legal obstacles against its takeover of SKS Power Generation
Gaudium IVF shares opened at ₹83 on the NSE, a premium of ₹4 or 5 per cent from the issue price of ₹79
Gaudium IVF IPO received a decent investor response, achieving an overall oversubscription of 7.27 times
Post-listing, Shayona Engineering stock slipped to a low of ₹137.5, down ₹6.5 or 4.5 per cent from the listing price
Logistics services provider Shadowfax is set to launch its Rs 1,900-crore initial public offering (IPO) next week, targeting a valuation of Rs 7,400 crore, people familiar with the matter said on Monday. The company is expected to announce the price band of its maiden public offering this week, they added. People familiar with the matter told PTI that Shadowfax is targeting a post-market valuation of about Rs 7,400 crore, lower than previous estimates of Rs 8,500 crore, in what is being positioned as a more conservative pricing approach aimed at attracting long-term institutional investors. They said the proposed IPO will comprise fresh issue of shares worth Rs 1,000 crore and an offer for sale (OFS) of Rs 900 crore by existing shareholders. As a part of the OFS, Flipkart Internet, Eight Roads Investments Mauritius II Ltd, NewQuest Asia Fund IV (Singapore) Pte. Ltd, Nokia Growth Partners IV, L.P, International Finance Corporation, Mirae Asset ,Qualcomm Asia Pacific Pte. Ltd and ...