Band Financial News
24.08 / 20:11
Provident
Williams
shootings
band
stage
3 killed, 5 wounded by retired police officer at California biker bar
AP citing Orange County Sheriff’s Sgt. Frank Gonzalez, deputies arrived at the bar two minutes after the shooting was reported and shot and killed the gunman. The gunman was identified as John Snowling, 59.
24.08 / 18:37
Target
Progressive
Action
Align
band
show
NOT
Job to curb price rise not over yet: MPC members
MUMBAI : Members of the central bank’s monetary policy committee (MPC) have reaffirmed their commitment to bring down inflation to the 4% target amid a sudden spike in vegetable prices, minutes of the MPC meeting released on Thursday showed. Earlier this month, MPC unanimously voted to keep repo rate unchanged at 6.5% for the third straight meeting. The members, however, did not signal the need for any rate action at this point unless food inflation gets generalized.
24.08 / 14:09
Target
Align
band
show
MPC to closely monitor first round impact of food prices, show RBI minutes
The Reserve Bank of India (RBI) governor Shaktikanta Das said monetary policy committee (MPC) will closely monitor the first round impact of food prices, the minutes of the MPC's August meeting showed on Thursday. “Our task (of containing inflation) is still not over.
24.08 / 11:55
UPS
IPO
band
Backed
Aeroflex Industries IPO: Ashish Kacholia-backed issue subscribed 97.05 times on day 3; check details
Aeroflex Industries IPO subscription status: Ashish Kacholia backed Aeroflex Industries Limited IPO was subscribed 97.05 times on the third and final day of its issue. Aeroflex Industries IPO opened for subscription on Tuesday, August 22 and closes on Thursday, August 24.
24.08 / 09:47
IPO
Booking
Waters
Enterprise
band
Vishnu Prakash IPO Day 1: Issue subscribed 2.5 times so far; retail portion booked 3.47x
₹308.88-crore Vishnu Prakash IPO has received strong response from investors within hours of the bidding process opening. Vishnu Prakash IPO price band has been at ₹94 to ₹99 per equity share and the IPO subscription period will end on August 28, 2023. Let us take a look at Vishnu Prakash IPO subscription status so far: Vishnu Prakash R Punglia IPO has been subscribed 2.48 times so far on Thursday, the first day of the bidding process.
24.08 / 09:19
IPO
Manufacturing
band
Pyramid Technoplast IPO share allotment likely on Friday. Here's how you can check status
Pyramid Technoplast Solutions will likely be finalised on August 25. Investors will get shares on a lottery basis and the whole process will be supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made.
24.08 / 04:41
UPS
IPO
Provident
Booking
Waters
Manufacturing
band
Aeroflex IPO versus Vishnu Prakash IPO: Which one should you choose?
macroeconomic events influencing the secondary markets, the primary market seems to be still witnessing some excellent listings, subscription status in both main board and SME IPOs. Investors and traders are paying close attention to the primary markets as well apart global events such as Jackson Hole Economic Symposium on Friday, which would provide clues about the future path of interest rates. There are two mainboard issues this week, Vishnu Prakash IPO, which will open for subscription today, and the Aeroflex Industries IPO, which started for subscription on Tuesday, August 22.
24.08 / 04:33
COST
IPO
BLOCK
Booking
Waters
awards
band
Vishnu Prakash R Punglia IPO opens for subscription. Should you bid?
The company has fixed a price band of Rs 94-99 per share and investors can bid for a minimum of 150 shares in one lot and in multiples thereafter. Analysts recommended investors to subscribe to the issue as the company has a healthy order book and industry tailwinds are expected to aid its profitability in the coming years. «On the valuation front, we believe the company is fairly priced. We recommend a „subscribe–long term“ rating to the IPO,» said Anand Rathi. Vishnu Prakash R Punglia is a construction company that is primarily engaged in infrastructure projects for the central and state governments.
24.08 / 04:33
IPO
Provident
Booking
Highways
band
track
NOT
Vishnu Prakash IPO opens today. GMP, review, other details. Apply or not?
₹94 to ₹99 per equity share and book build issue has made debut in grey market as well. According to market observers, shares of Vishnu Prakash R Punglia Limited are available at a premium of ₹65 per equity share in grey market today. 1] Vishnu Prakash IPO GMP today: According to market observers, Vishnu Prakash IPO grey market premium (GMP) today is ₹65.
24.08 / 04:33
UPS
NIFTY
SENSEX
NVIDIA
band
500
Sensex rises over 450 points on gains in banks, IT stocks; Nifty above 19,500
Reserve Bank of India's policy meeting minutes, Indian equity markets opened higher on Thursday, led by banking, financial, and IT stocks. The BSE Sensex was trading 467 points or 0.71% higher at 65,752. Nifty50 was trading at 19,567, up 132 points or 0.68% at around 9.55 a.m. Among Sensex stocks, L&T, Tech Mahindra, JSW Steel, and Infosys opened with gains, while only Jio Financial Services and NTPC opened with losses.Atul Auto shares opened over 4% higher after European firm Societe Generale bought 140,000 shares of the firm.
24.08 / 03:29
UPS
IPO
Provident
Booking
Manufacturing
band
Backed
NOT
Aeroflex IPO: GMP, subscription status, review. Apply or not as bidding for Ashish Kacholia-backed issue ends today
₹351 crore worth Aeroflex Industries IPO comprises a fresh issue of equity shares up to ₹162 crore and an offer-for-sale (OFS) of up to 1.75 crore equity shares by the promoters selling shareholders and promoter group. Aeroflex Industries IPO price band has been fixed at ₹102 to ₹108 per equity share. Bids can be made for a minimum of 130 equity shares and in multiples of 130 equity shares thereafter.
24.08 / 01:15
IPO
Provident
band
country
TVS Supply Chain lists at 4.7% gain over IPO price
Shares of TVS Supply Chain Solutions were listed at ₹206.30 on Wednesday, a premium of 4.7% to its offer price of ₹197. The stock ended at ₹ 200.95, 2% higher than the offer price. The ₹880-crore initial public offering of TVS Supply Chain Solutions was subscribed 2.78 times earlier this month.
23.08 / 20:35
Man
Fighting
film
band
Netflix’s Rebel Moon: See the starcast of Zack Snyder's upcoming movie
Rebel Moon is set to hit Netflix in two parts, starting with Rebel Moon: A Child of Fire on December 22, 2023, followed by Rebel Moon: The Scargiver in April 2024. Here's a breakdown of the cast and characters you can expect to see in this star-studded film franchise:
23.08 / 19:11
Provident
Digital
Platform
Vodafone
band
Reliance Jio
Reliance Jio, Vodafone Idea stick to auction pitch for all spectrum allocation
Reliance Jio and Vodafone Idea (Vi) have called for auctions as the default mechanism for spectrum assignment for broadcast and telecom applications, a suggestion which was opposed by broadcast entities and peer telecom operators. At an open house discussion hosted by the Telecom Regulatory Authority of India (Trai) Wednesday, Bharti Airtel reiterated the need for regulation of content tariff across distribution platforms so that the same content is not priced radically different on different platforms. The topic of the discussion was 'Regulating Converged Digital Technologies and Services — Enabling Convergence of Carriage of Broadcasting and Telecommunication'. «Auction should be the default mechanism for assignment of spectrum whether it is for telecom or broadcasting so — satellite or terrestrial,» a representative from Jio said during the three-hour-long discussion held virtually. Jio said more spectrum should be made available for 5G, and that the service provider should be allowed to decide what to use acquired spectrum for, rather than the regulator pre-deciding which band can be used for what purpose. «Majority of spectrum bands can be used interchangeably between separate satellite and terrestrial networks,» the Jio representative said. Vodafone Idea, in its comments, supported the view that all spectrum should be auctioned.
23.08 / 16:07
band
song
rock
drummer
ad
The Rolling Stones tease fans with cryptic ad for new album in London newspaper; here are the details
The Rolling Stones surprised fans with a cryptic newspaper advertisement announcing their new album. Of course, only real fans of the rock band got the connection. The Rolling Stones are an English rock group, founded in 1962. The original members of The Rolling Stones are Mick Jagger, Keith Richards, Brian Jones, Bill Wyman and Charlie Watts. The surviving members posted a print advertisement in London’s Hackney Gazette, in what seemed like a general ad for a diamond store. Only die-hard fans of the band who know their lyrics, songs, logo and legacy got the references. The advert in the Hackney Gazette came with a picture that read: “Hackney Diamonds, specialists in glass repair, opening September 2023. Our friendly team promises you satisfaction. When you say gimme shelter we’ll fix your shattered windows.” These are all references to The Rolling Stones’ past, and a promotion of their 31st studio album, which comes out in September 2023.
23.08 / 15:51
23.08 / 13:09
IPO
Parke
band
performer
track
Sungarner Energies IPO: Check GMP, subscription status on day 3, other details to know
solar panels. Sungarner Energies Ltd offers its clients engineering, design, and solution-related services. Additionally, the company offers a variety of services, including the operation and maintenance of solar power generation systems and projects involving solar power plants.
23.08 / 11:51
UPS
IPO
Booking
band
Backed
Aeroflex Industries IPO: Ashish Kacholia-backed issue subscribed 21.10 times on day 2; check details
IPO subscription status : Ashish Kacholia backed Aeroflex Industries Limited IPO was subscribed 21.10 times on day 2. Aeroflex Industries IPO opened for subscription on Tuesday, August 22 and will close on Thursday, August 24. Aeroflex Industries IPO again received overwhelming response from non-institutional investors (NIIS) and retail investors on day 2.
23.08 / 09:11
UPS
IPO
Booking
Waters
awards
band
open
Vishnu Prakash R Punglia IPO to open on Thursday. What GMP signals ahead of subscription?
IPO) of Vishnu Prakash R Punglia will open for subscription on Thursday. The issue, which closes on August 28, is entirely fresh equity up to 3.12 crore shares. Ahead of the IPO opening, the company's shares are trading at a premium of Rs 44 in the unlisted market. Jodhpur-based Vishnu Prakash R Punglia is an integrated engineering, procurement and construction (EPC) company, which specialises in water supply projects. It owns a fleet of about 484 construction equipment assets which includes crushers, excavators, loaders, dozers, paver machines, ready mix concrete plants, concrete mixtures, cranes, tractors and transportation vehicles from some of the leading suppliers. The company has fixed a price band of Rs 94-99 per share and investors can bid for a minimum of 150 shares in one lot and in multiples thereafter. About 50% of the offer is set aside for qualified institutional buyers, 15% for non-institutional investors and 35% for retail investors. As on July 15, 2023, the company has 51 ongoing projects with total work awarded amounting to Rs 6,183 crore, of which Rs 2,384 crore worth of work has been executed and the remaining work amounting to Rs 3,799 crore constitutes the order book. As on March 31, 2023, their equipment fleet comprised about 499 construction equipment and vehicles.
23.08 / 04:35
IPO
Booking
band
Premium
TVS Supply Chain Solutions makes a muted debut; shares list with 5% premium at ₹207.05 apiece on NSE
₹207.05 apiece on the NSE, a premium of 5.1% to the issue price of ₹197 per share. On BSE, TVS Supply Chain Solutions shares were listed at 4.72% premium to the issue price at ₹206.30 apiece. TVS Supply Chain IPO witnessed a decent subscription during August 10 to August 14.
23.08 / 02:35
IPO
Booking
band
TVS Supply Chain IPO listing date today; Here is what GMP signals about share debut
₹880 crore-worth TVS Supply Chain IPO, which was open from August 10 to August 14, received decent response from investors as the public issue was subscribed 2.85 times in total. TVS Supply Chain share listing will take place on BSE and NSE today. Ahead of the TVS Supply Chain IPO listing today, let us take a look at what GMP, or grey market premium indicates about the estimated listing price.
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