Band Financial News

IPO) of Mumbai-based realty player Arkade Developers will open for subscription on September 16. The issue, which is completely a fresh equity sale of Rs 410 crore, will close on September 18. The price band for the issue will be announced soon.

Bajaj Housing Finance (BHF), which is open from September 9 to September 11, has reserved equity shares aggregating up to ₹500 crore under the shareholders' quota. Shareholders of Bajaj Finance and Bajaj Finserv benefit as they can make two applications in the IPO. Here is how they can make the best of it. Who is eligible to apply under the shareholders' quota ?

ET Intelligence Group: Tolins Tyres, a manufacturer of tread rubber and tyres, is aiming to raise ₹230 crore through an initial public offering. The IPO will consist of a fresh issue of shares worth ₹200 crore, which will be used for loan repayment and to enhance working capital, while the rest will come from an offer for sale by its promoters. The company's go-to-market strategy involves utilising dealers and distributors (B2C), focusing on fleet operators by offering quality comparable with leading tyre brands at a significant discount. In contrast, its competitors have concentrated on state transportation businesses (B2G), compressing net margins.

Democratic presidential nominee Kamala Harris in the final stretch of the campaign is introducing herself to voters before her Republican rival, Donald Trump, has a chance to define her. Until her sudden election to the top of the Democratic ticket this summer, Harris was still a somewhat unknown figure in national politics, driven in part by her aversion to opening up and embracing the spotlight. And since she's become the nominee, Republicans have criticised Harris for not doing many interviews or giving enough specifics on her policy plans. But the vice president is sharing personal details about her childhood, cooking and food to show her more private side.

The Eastern Band of Cherokee Indians began selling marijuana and cannabis products to any adult 21 or over starting Saturday at its tribe-owned dispensary in North Carolina

Next month, MJ Lenderman will perform three back-to-back, sold-out shows at Brooklyn’s 650-capacity Music Hall of Williamsburg, an unusual feat for a young, up-and-coming indie-rock artist. What’s even rarer: There was enough demand for a fourth show, according to concert promoter the Bowery Presents—a sign that Lenderman is headed for bigger and better things in the music industry. There’s just one thing: He kinda likes where he’s at.

Linkin Park announced that a new singer and drummer has joined the band as they prepare to release their first new album in over seven years since the death of frontman Chester Bennington.

Indian IPO market is witnessing an unprecedented boom, with a strong surge in new issues this year. Next week, the momentum is set to peak with as many as 13 IPOs scheduled to hit the market, marking one of the largest clusters of offerings in a single week. Analysts said this flurry of activity reflects growing investor confidence and signals a vibrant capital-raising environment, underscoring India's robust economic fundamentals.

Green Day's Saviors Tour concert at Comerica Park in Detroit on Wednesday night (Sept. 4) was paused unexpectedly when the band abruptly ran offstage due to a drone spotted hovering within sight of the stage. Stadium security pulled the band offstage to deal with the potential safety issue, which was resolved by the Detroit Police Department (DPD). The band returned after about 10 minutes to resume the show for nearly 41,000 fans in attendance. Reliable sources confirmed to Billboard that the drone was unauthorized, prompting the sudden exit. After a few minutes of confusion, the video screens displayed a message stating, «Show Pause. Please standby for details.» When the band returned to the stage, frontman Billie Joe Armstrong addressed the crowd, asking, «How you doing? We’re gonna pick up where we left off.” He also requested that fans put away their cell phones, saying, “Pull ’em out later. Let’s be here right now.”

Here are 10 key things investors need to know about the public offer before subscribing to the issue.

The strongest demand was driven by retail investors, who subscribed 4.5 times followed by qualified institutional buyers (QIBs), with 3.5 times subscriptions. Meanwhile, the non-institutional investors (NIIS) had bid for 46.13 lakh shares out of 30.66 lakh reserved for them, booking the issue 1.5 times.

Suzlon Energy on Thursday jumped 2.7% to its day’s high of Rs 76.09 on BSE after the company announced that it had signed an agreement with OE Business Park (OEBPPL) for sale of its corporate office, One Earth Property. On the completion of the aforementioned sale, the One Earth Property would be leased back to the company for a period of 5 years with sub-leasing and licensing rights.

The issue will open for subscription on September 10 and close on September 12. The anchor bidding will start on September 9.

Lonesome Day. Fifteen minutes later they were singing No Surrender, my favourite Boss song. At that moment as I stood up and clapped and clapped and clapped some more, the pain in my stomach totally disappeared.

This translates to a premium of nearly 80% over the issue price, indicating strong demand for the IPO.

Bajaj Housing Finance will open for subscription on September 9 and close September 11. The price band will be between ₹66 and ₹70. The offer comprises a fresh issue of ₹3,560 crore and an offer for sale of ₹3,000 crore by promoter Bajaj Finance. Bids can be made for a minimum of 214 shares and multiples thereafter. Bajaj Housing Finance is a 100% subsidiary of Bajaj Finance and offers finance for the purchase and renovation of homes or commercial spaces to individuals and corporate entities, provides loans against property and working capital for business expansion. It also provides loans and lease rental discounting to developers. It plans to use the proceeds from the fresh issue to augment its capital base.

Vedanta on Tuesday gained 2% to its day’s high of Rs 473.05 after the company announced third interim dividend of Rs 20 per share for the financial year 2024-25. The total dividend payout will amount to Rs 7,821 crore and the company has set September 10 as the record date for the purpose.

SME IPO of Naturewings Holidays will open for subscription today and will close on September 5. The company aims to raise about Rs 7 crore through the SME IPO and list the shares on BSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the issue.

₹427 to ₹450 per equity share, having a face value of ₹1. Anchor investors infused ₹846 crore into the company.The initial public offering (IPO) comprises a fresh issuance of equity shares totalling up to ₹1,291.4 crore and an Offer for Sale (OFS) of a maximum of 3.42 crore shares by the existing shareholders, which amounts to approximately ₹1,539 crore based on the upper band price of ₹450.As part of the offer-for-sale component, South Asia Growth Fund II Holdings LLC (SAGF II) will sell 2.68 crore equity shares, South Asia EBT Trust will divest 1,72,800 equity shares, and promoter Chiranjeev Singh Saluja will offload 72,00,000 equity shares.Founded in April 1995, Premier Energies Limited specialises in the production of integrated solar cell and solar panels.

trading sessions, Nifty has created a new record of longest winning streaks in Dalal Street's history but the gravity-defying No. 13 feat can now create trouble for bulls going forward. Such long periods of uninterrupted winning streaks are usually followed by negative returns. A study of Nifty's marathon runs lasting at least 9 days while being within 1% of its all-time high shows that the index has given negative returns of 3% in the next one month.

Bajaj Finance and Bajaj Finserv the Rs 6,560 crore initial public offering (IPO) of Bajaj Housing Finance will hit the Street on September 9 and has announced a price band of Rs 66-70 for the same. The bids can be made for a minimum quantity of 214 shares and in multiples of 214 thereafter.