Page 6 - Stock Market Listing
Stock Market Highlights, June 18: Sensex, Nifty end at record closing highs; pvt banks, Infy lead
Stock market Highlights today, June 18: The m-cap of all BSE listed companies settled at Rs 423 trillion or $5.24 trillion
 "Stock Market Highlights, June 18: Sensex, Nifty end at record closing highs; pvt banks, Infy lead")
Hyundai India set to offload 17.5% stake. To raise up to $3 billion in IPO
Hyundai India IPO: The development is a significant moment for the industry in India, as an automaker IPO comes over two decades after Japanese automaker Maruti Suzuki's listing in 2003
 "Hyundai India set to offload 17.5% stake. To raise up to $3 billion in IPO")
Kronox Lab Sciences debuts with 21% premium over issue price, slips later
Kronox Lab Sciences listing: While the listing marked a positive performance, it fell short of pre-listing expectations fueled by the high grey market premium (GMP)
 "Kronox Lab Sciences debuts with 21% premium over issue price, slips later")
Tuesday's stock market meltdown shaves off Rs 1.4 trillion of MF AUM
According to MF officials, smallcap fund AUMs saw a comparatively lower decline as their portfolios have a higher active weight
 "Tuesday's stock market meltdown shaves off Rs 1.4 trillion of MF AUM")
BoAt to scale down wearables biz, focus on high-end audio products
The company is 18 months away from IPO, says CEO Mehta
 "BoAt to scale down wearables biz, focus on high-end audio products")
Molbio Diagnostics prepares for IPO in FY25 to raise Rs 2,200-2,400 crore
Molbio Diagnostics became Goa's first startup to achieve unicorn status in September 2022 following a Rs 680 crore investment from Temasek and MOPE, plans to launch the IPO in November
 "Molbio Diagnostics prepares for IPO in FY25 to raise Rs 2,200-2,400 crore")
This recently listed IPO has surged 35% in 3 days; up 144% from IPO price
Exicom Tele-Systems rallied 10% to Rs 346.60, its highest level since its listing on March 5, 2024, on the BSE in Friday's intra-day trade.
 "This recently listed IPO has surged 35% in 3 days; up 144% from IPO price")
NSE lowers tick size to 1 paisa: Over 1,300 stocks to be impacted
Analysts believe a lower tick size can bolster price discovery and market efficiency, rendering trading more appealing for both retail investors and traders.
 "NSE lowers tick size to 1 paisa: Over 1,300 stocks to be impacted")
Indegene IPO opens today, May 06. Planning to subscribe? What analysts say
Indegene provides services for the life sciences industry. They assist with drug development, clinical trials, regulatory submissions, pharmacovigilance, complaints management, and sales and marketing
 "Indegene IPO opens today, May 06. Planning to subscribe? What analysts say")
Belstar Microfinance files DRHP with Sebi for Rs 1,300 crore IPO
According to the DRHP, the fresh issue of equity shares is worth Rs 1000 crore, and the offer-for-sale (OFS) is Rs 300 crore by existing investors
 "Belstar Microfinance files DRHP with Sebi for Rs 1,300 crore IPO")
JNK India stock makes strong debut, lists at 50% premium over issue price
JNK India listing: Post listing, the stock of JNK India moved to an intraday high of Rs 665, 60 per cent up over issue price.
Vodafone Idea FPO: Issue subscribed nearly 49% a day before its close
The FPO proceeds and the recent Rs 2,075-crore preferential issuance made to the promoter Aditya Birla group is expected to give a few more years of runway to the beleaguered telecom operator
 "Vodafone Idea FPO: Issue subscribed nearly 49% a day before its close")
Swiggy gets another valuation hike to over $12.7 billion from Invesco
Invesco's previous fair value of Swiggy stood at around $8.3 billion at the end of January this year
 "Swiggy gets another valuation hike to over $12.7 billion from Invesco")
Swiggy converts to public limited company ahead of stock market debut
Ahead of filing its draft IPO papers, Swiggy is intensifying efforts to enhance its financial performance and reduce cash burn
 "Swiggy converts to public limited company ahead of stock market debut")
SRM Contractors freezes at 5% upper circuit; rises 12% against issue price
The stock of the civil construction company got listed at Rs 225, a 7 per cent premium over its issue price on the BSE
 "SRM Contractors freezes at 5% upper circuit; rises 12% against issue price")
Popular Vehicles and Services makes weak debut, falls 8% post listing
Popular Vehicles and Services made a weak stock market debut on Tuesday, with its shares getting listed at Rs 289.20, a 2 per cent discount to its issue price of Rs 295 per share
 "Popular Vehicles and Services makes weak debut, falls 8% post listing")
J G Chemicals makes weak debut; stock lists 5% below its issue price
Post listing, the market price of J G Chemicals hit a high of Rs 213.75 and a low of Rs 201.90 in the intraday trade
 "J G Chemicals makes weak debut; stock lists 5% below its issue price")
Stocks to Watch, March 13: ITC, JG Chem, Signatureglobal, Vedanta, HG Infra
Stocks to Watch on Wednesday, March 13, 2024: British American Tobacco (BAT) may sell up to 3.5 per cent stake in ITC by way of block deals on Wednesday
 "Stocks to Watch, March 13: ITC, JG Chem, Signatureglobal, Vedanta, HG Infra")
R K Swamy makes weak debut, lists at 13% discount to its issue price
R K Swamy's Rs 423.56-crore initial public offer (IPO) was subscribed 25.78 times
GPT Healthcare makes good market debut; stock lists 16% over issue price
t 10:03 AM, GPT Healthcare was trading at Rs 205.65, 5 per cent lower than its listing price and 11 per cent higher against its issue price
 "GPT Healthcare makes good market debut; stock lists 16% over issue price")