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rupee closed at a record low versus the US dollar on Tuesday, joining other regional currencies which weakened against the greenback, as caution ahead of the Federal Reserve’s policy statement led to a globally stronger American currency. On Tuesday, the rupee ended the day at 83.5650/$1 on Tuesday, an all-time closing low versus the US dollar. On Monday, the rupee had closed at 83.505/$1, LSEG data showed.

₹70 per equity share with a face value of ₹10 apiece. The United Cotfab IPO will kickstart its subscription on Thursday, June 13, and close on Wednesday, June 19.

₹90 to ₹94 per share. The GP Eco Solutions IPO lot size is 2,000 shares. The floor price is 9 times of the face value and the cap price is 9.40 times of the face value of the equity shares.The Noida-based company's IPO would include a fresh issue of 32,76,000 Equity Shares having a face value of ₹10- via the book-building process.

₹740-crore initial share sale received bids for 20,52,11,888 shares against 4,37,69,494 shares on offer, according to BSE data.The retail individual investor category was booked to 12.32 times, while non-institutional investors received 8.20 times as many subscriptions. The component for qualified institutional buyers (QIBs) was subscribed at 39%.“ixigo IPO subscription are in line with our expectations with increased interest from retail bidding more than 10x, followed by NIIs/HNIs who have bought more than 7 times the reserved portion as of now on the second day of bidding which could mean the over subscription can lead to potentially decent listing gains over and above 20% for investors.

«I think people will wait and watch. They will consolidate. So, I think last Monday, the exit poll day, whatever levels you saw should be the top for PSUs for the next six months and on Tuesday whatever lows that we saw on the result day I think that should be the floor and most of them will move in the trading band of Monday and Tuesday so to say,» says Digant Haria, GreenEdge Wealth. I guess the markets would be very pleased, the top four cabinet ministries stay put and clearly a messaging of continuity and I think that is something that the market would be liking. I think this Tuesday is far better than what last Tuesday was. Last Tuesday, we were all scared. We did not know what is going to happen. Compared to the verdict that we saw last Tuesday I think the cabinet and the bargaining with the allies I think everything is falling in place. So, I think the worry is less but because we are at elevated levels and because this entire PSU pack and the defence, infrastructure all these things were so overheated that I think they will still need three to six months of sideways movement or consolidation so to say despite the stable government.

₹7.7 at the end of March 2024.Overall, year-to-date, the stock has surged over 211 percent, while over the past year, it has soared by 359 percent.After a 130.64 percent rally in May and a 44.55 percent jump in April, the stock has advanced 12.5 percent in June so far. However, it experienced losses of 18 percent in March and 16.8 percent in February.

ixigo IPO day 2: The initial public offering (IPO) of ixigo, which opened on 10th June 2024, has received a robust response from primary market investors. The public issue worth ₹740.10 crore will remain open till 12th June 2024. The company has fixed the ixigo IPO price band at ₹88 to ₹93 per equity share, and the book build issue is proposed for listing on BSE and NSE.

Retail investors bid for 17.6 million shares compared to the 7.9 million shares available, as of 11:42 AM on Monday, BSE data showed. The non-institutional segment subscribed 0.47 times, while the qualified institutional buyers (QIB) are yet to show significant activity.

₹39 to ₹41 per equity share. The public issue was proposed for listing on BSE and NSE. The public issue listed on BSE and NSE on 31st January 2024 at a bumper premium of 35 per cent, and the stock continued attracting bulls' attention after this bumper listing.

Industry body DIPA has pledged its support to India's digital and telecom transformation under the new government and sought a clear roadmap that would cement the country's lead in digital infrastructure. Digital Infrastructure Providers Association (DIPA) said the industry is eager to collaborate with the government and contribute its expertise to drive the country's digital transformation further.

Also Read: IPO listing: Kronox Lab Sciences share price debuts at ₹165, a 21% premium to issue priceThe company will credit the shares in the demat accounts of investors who received the allotment and initiate refunds to unsuccessful bidders on June 11.Sattrix IPO allotment status check online can be done with simple steps mentioned below. Step 1] Visit IPO registrar website on this link - https://ipo.bigshareonline.com/ipo_status.htmlStep 2] Select ‘Sattrix Information Security Limited’ from the Select Company dropdown menuStep 3] Choose among Application No, Beneficiary Id and PAN from the Selection TypeStep 4] Enter the details as per the option selectedStep 5] Enter the Captcha and click on ‘Search’Your Sattrix IPO allotment status will be displayed on the screen.Also Read: Ixigo IPO opens: Check GMP, key dates of Le Travenues Technology IPO. Should you subscribe or not?Sattrix IPO GMP today, or grey market premium today, is ₹14 per share, as per stock market observers.

₹164.95, a 21 percent premium to issue price of ₹136 on the NSE. Meanwhile, on the BSE, it debuted at ₹165, up 21.32 percent or ₹29 from the IPO price.The ₹130.15 crore initial public offering (IPO) of Kronox Lab Sciences was open for subscription between June 3-5 at a price band in the range of ₹129-136.

₹333 crore from anchor investors ahead of its initial public offering (IPO) for public subscription.Also read: ixigo IPO to open on June 10; here's what GMP indicates ahead of public issueIxigo is a tech company that empowers Indian travelers to plan, book, and manage their journeys by train, air, bus, and hotel. As the leading Online Travel Agency (OTA) for the 'next billion customers,' ixigo focuses on localized content and app features tailored to the needs of tier II and tier III travelers.

In its latest monetary policy review, the Reserve Bank of India (RBI) maintained the repo rate at 6.5% for the eighth consecutive time on Friday, amidst a backdrop of declining inflation and robust GDP growth. The apex bank’s decision is aimed at stabilising inflation within the target range of 2-6%. However, it has some implications for home loan borrowers, both existing and new. With borrowing costs remaining high, it is crucial for borrowers to adopt new strategies to manage their home loans more efficiently.

Week Ahead: Inflation data, US Fed policy, global cues among key market triggers as Nifty 50 eyes 23,500 this weekLunawat further added, “We believe that companies with good fundamentals will go public & attract large amounts of capital from street. The upcoming Union Budget will be a crucial trigger for understanding the new government’s strategy for the economy."The primary market will take a breather as only two new public issues are set to open in the coming week.

₹333 crore from anchor investors ahead of its debut share offer for public subscription.Overall, the company offered 3.58 crore equity shares to 23 funds at ₹93 apiece, for a total of ₹333 crore, it said. ixigo IPO price band has been set in the range of ₹88 to ₹93 per share.ixigo is a technological firm that enables Indian travellers to plan, schedule, and manage their journeys by train, air, buses, and hotels.

index S&P BSE Sensex rose to new highs on Friday to 76,795, recovering from its sharp declines on election outcome day. Both indices, Nifty50 and BSE Sensex managed to close the week above their close on Monday. The week was a roller coaster for the traders, but with the elections behind us, one needs to move on and focus on the calls of the new all-time highs that might be awaiting.

₹333 crore from anchor investors. The subscription period for Le Travenues Technology's initial public offering will wrap up on Wednesday, June 12.Major investors that have subscribed to ixigo IPO's anchor book include Nomura, Morgan Stanley, 3P India Equity Fund, HDFC MF, Motilal Oswal MF, the Government of Singapore, and Tata Investment Corporation.“The IPO Committee of the company at its meeting held on June 07, 2024, in consultation with Axis Capital Limited, DAM Capital Advisors Limited and JM Financial Limited (“Book Running Lead Managers"), have finalised allocation of 35,811,405 equity shares, to anchor investors at anchor investor allocation price of ₹93/- per equity share," said the company in an exchange filing on Friday, June 7.Out of the total allocation of 35,811,405 equity shares to anchor investors, 12,087,583 equity shares (33.75% of the total allocation to anchor investors) were allocated to four domestic mutual funds that applied through a total of seven schemes (SBI Magnum Children's Benefit Fund, HDFC Mutual Fund, Whiteoak Capital Flexi Cap Fund, Motilal Oswal Large Cap Fund).ixigo IPO already announced pre-IPO secondary placements of about ₹176.2 crore at the upper end of the price range, which were completed a day before the anchor book opened.ixigo is a digital firm that enables Indian travellers to plan, book, and manage their journeys by train, air, bus, and hotel.

Le Travenues Technology, which operates travel platform Ixigo, on Friday raised around Rs 333 crore from anchor investors ahead of its IPO launch. The issue opens for subscription on June 10 and closes on June 12. Some of the marquee investors who subscribed to Ixigo's anchor book include Nomura, Morgan Stanley, 3P India Equity Fund, HDFC MF, Motilal Oswal MF, Government of Singapore, Tata Investment Corp.

₹198, which is 110.64% higher than the issue price of ₹94.TBI Corn IPO subscriptions commenced on Friday, May 31, and concluded on Tuesday, June 4. The issue's price band was set at ₹90-94 per share.