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The minimum bid is for 90 shares, with additional bids in multiples of 90 shares thereafter.

FirstCry, was subscribed just 17% on the second day of the bidding process on Wednesday. As of 11:45 a.m., the issue attracted bids for merely 82,74,368 shares, or 0.17 times the issue size of 4,96,39,004 shares. The quota reserved for retail individual investors (RIIs) was subscribed 71%. The issue was subscribed 12% in the NII category. There were just 2,752 shares bid by the qualified institutional buyers, out of the 2,70,36,953 shares reserved for them.

Hamas named its Gaza leader Yahya Sinwar as successor to former political chief Ismail Haniyeh, who was assassinated in Tehran last week, the group said on Tuesday, in a move that reinforces the radical path pursued since the Oct. 7 attack on Israel. Sinwar, the architect of the most devastating attack on Israel in decades, has been in hiding in Gaza, defying Israeli attempts to kill him since the start of the war. «The Islamic Resistance Movement Hamas announces the selection of Commander Yahya Sinwar as the head of the political bureau of the movement, succeeding the martyr Commander Ismail Haniyeh, may Allah have mercy on him,» the movement said in a brief statement.

₹440 to ₹465 per share. The ₹4,193.73 crore worth FirstCry IPO is a combination of fresh issue of 3.58 crore equity shares aggregating to ₹1,666.00 crore and an offer for sale (OFS) component of 5.44 crore shares totalling ₹2,527.73 crore.

₹6,145-crore initial public offer of electric two-wheeler company Ola Electric Mobility was completely subscribed on the second day of bidding on Monday.The initial share sale received bids for 49,43,85,840 shares, as against 46,51,59,451 shares on offer, translating into 1.06 times subscription, according to the BSE data.While the quota for non-institutional investors was subscribed 1.11 times, the category for Retail Individual Investors (RIIs) received 2.87 times as many subscriptions. Qualified Institutional Buyers (QIBs) received a 40% subscription, and the employee portion was booked 8.98 times.

Firstcry IPO before subscribing to the issue.

Ola Electric’s initial public offering (IPO) was fully subscribed as of Monday evening, data from the BSE showed. As of 4:57 pm, the retail portion of the offering was over-subscribed nearly three times. The non-institutional investors portion was also slightly oversubscribed at 1.11 times the number of shares offered. The shares reserved for employees saw the steepest oversubscription, at nearly nine times the shares on offer. Qualified institutional buyers (QIBs) trailed all other subscription categories with a 40% subscription.

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inflation minus the food and beverages category—was both lower and less volatile than overall headline inflation. By April 2023, non-food inflation had fallen within the Reserve Bank of India's upper tolerance band of 6%, and by September 2023, it was slightly below the 4% target. Headline inflation, on the other hand, has remained around 5% since early 2024.

₹6,145 crore initial share offer of electric two-wheeler business Ola Electric Mobility was tepid, with 35% of the issue subscribed on Friday, August 2, the opening day of the bidding process.Retail investors led the initial public offering (IPO) of the firm, subscribing 1.57 times the amount allotted for them.Bids were received for 16.31 crore shares of the 46.51 crore shares that were offered in the offering, which closes on Tuesday, August 6. Ola Electric IPO subscription status was 35% on the first day of bidding.

investors who took positions in FirstCry, Ola Electric and Unicommerce at the right time, with their investments set to become multibaggers when these new-economy startups go public next week. Investors such as SoftBank, Tiger Global, Mahindra & Mahindra and Matrix Partners India will see the value of their holdings in these firms surge anywhere between three times to ten times as they hit the public markets, according to calculations made by ET basis information available in the IPO prospectuses of these companies.

Federal Reserve easing cycle based on the latest evidence that the labour market is cooling. Economists at Bank of America, Citigroup, Goldman Sachs and JPMorgan Chase revamped their forecasts for US monetary policy Friday after data showed the US unemployment rate rose again in July, calling for earlier, bigger or more interest-rate cuts. Economists at Citigroup — already among the most aggressive in calling for the Fed to cut interest rates this year — said they expect half-point rate cuts in September and November and a quarter-point cut in December, having previously predicted quarter-point cuts at all three meetings. The Fed will then reduce rates by a quarter point at each meeting until mid-2025, bringing the policy band to 3%-3.25%, Veronica Clark and Andrew Hollenhorst predicted.

₹9,900 crore ($1.1 billion), as per Mint's analysis of data from its red herring prospectus. Maheshwari and Bahl will also be sitting on hundreds of millions. In addition, Aggarwal owns stakes in Ola Cabs and Krutrim AI, both of which are unicorns (startups with valuation of a billion dollars or more).

Mint showed. The price band of Brainbees Solutions Ltd, which runs an omnichannel children's clothing enterprises under the FirstCry brand, has been fixed in the range of ₹440 to ₹465 per equity share of the face value of ₹2. The company has sought a value of $2.9 billion and the IPO comprises a fresh issue of ₹1,666 crore, and an offer-for-sale (OFS) of up to 54 million shares.

Ceigall India opened on Thursday, the issue was booked 29% so far on the first day of the bidding process. The highest demand was driven by the employees, which was booked 1.35 times, followed by the retail investors, whose category was booked 43%. The non-institutional category was subscribed by 35%, while the part reserved for QIB investors was not booked so far.

Ola Electric, the biggest of this year, will open for subscription on Friday. Ahead of the listing, the company's shares are trading with a premium of Rs 15 in the unlisted market. Considering the upper price band, the stock is boasting a premium of 20% to the issue price. The IPO is priced in the range of Rs 72-76 per share.

FirstCry, is floating its initial public offering (IPO) at a valuation of $2.9 billion. It has set a price band of Rs 440-460 apiece for issuing shares to investors which will open on August 6 and close on August 8.

spectrum in the mid-band can be taken away from the broadcasting sector and allocated to telecom operators for 5G services, people in the know said. This would not only help meet the 5G needs of the telcos but would also generate revenue for the government as the airwaves would be auctioned.

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₹6,146 crore at the upper end of its ₹72-76 price band. That would take its valuation to about ₹33,522 crore, or about $4 billion. Ola Electric, India’s largest maker of electric scooters, has demonstrated impressive growth in recent years.

grey market premium (GMP) for the company’s shares is currently pegged at Rs 12-13, indicating a potential premium of 16% above the issue price. The price band for the IPO has been fixed at Rs 72-76 a share.