Band Financial News
27.05 / 11:57
markets
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Vilas Transcore IPO oversubscribed by 9.85 times on day 1 so far; Check latest subscription, GMP
₹139 and ₹147 per equity share with a face value of ₹10 each. The lot size for the Vilas Transcore IPO is 1,000 shares. A minimum of 1,000 equity shares must be applied for, with further shares applied for in multiples of 1,000.
27.05 / 11:57
IPO
Provident
Manufacturing
Corning
band
electronic
International
Aimtron Electronics IPO price band set at ₹153-161: check issue size, key dates, more
₹153-161 a share. The Aimtron Electronics IPO will become available for subscription to investors om Thursday , 30 May, 2024 and will close on Monday 3 June 2024.Aimtron Electronics Initial public offering (IPO) is a fresh issue of 54.05 lakh shares and Aimtron Electronics plans to raise ₹87.02 crore through the issue.
27.05 / 11:41
Mobile
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band
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Department
Equality
rights
GST to be paid by telcos along with instalments towards spectrum charges
Telecom companies will have to pay GST along with the instalments paid towards spectrum charges, a senior official said. The Department of Telecom (DoT) will hold the next round of spectrum auction on June 6 for eight spectrum bands meant for mobile phone services. The base price for the auction has been set at Rs 96,317 crore. The spectrum will be assigned for 20 years and successful bidders will be allowed to make payments in 20 equal annual instalments in the coming mega auction. The official said Goods and Services Tax (GST) will have to be paid at 18 per cent by telecom companies along with each instalment.
27.05 / 09:13
IPO
FIVE
Corning
Experts
band
Diversity
recommendations
TBI Corn IPO price band set at ₹90-94 per share; issue to open on May 31
₹44.94 crore, is all set to open for subscription on Friday, May 31, 2024, and close on Tuesday, June 4, 2024. The SME IPO is entirely a fresh issue of 47.81 lakh shares.The TBI Corn IPO price band has been fixed at ₹90 to ₹94 per share with a face value of ₹10 each, and the IPO lot size is 1,200 shares.
27.05 / 08:11
markets
UPS
IPO
Booking
security
band
Awfis Space Solutions IPO: Issue subscribed over 32X so far on last day, NII portion booked 76X
Awfis Space Solutions is receiving a strong response from investors, with an overall subscription of 32.81 times so far on the fourth and final day of the bidding process. By 12:51 PM, the issue had attracted bids for 28,31,82,588 shares, or 32.81 times the issue size of 86,29,670 shares. The retail portion of the issue was subscribed 36.9 times, while the non-institutional category saw a subscription rate of 75.93 times. The allocation for qualified institutional bidders was booked 10.08 times.
27.05 / 07:09
markets
IPO
Booking
security
Enterprise
Parke
band
Ztech India IPO price band set at ₹104 - 110 per share; issue to open on May 29
₹104 to ₹110 per share, while the IPO lot size is 1,200 shares. The minimum investment amount required by retail investors is ₹132,000.
26.05 / 04:51
markets
UPS
IPO
Booking
security
band
electronic
Upcoming IPOs: Five SME issues and two new listings scheduled for next week; check full list here
IPO rush sets up India’s equity market for another record year“The surge in IPO activity is fuelled by soaring Indian stocks, robust economic growth, and corporate earnings consistently outpacing expectations, inspiring more companies to go public. As a result, IPO market has seen a significant boost, with large corporate houses and new –age businesses like Tata Capital, Hexaware, Ola Electric, and Swiggy gearing up for their public market debuts in 2024-25," said Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Pvt. Ltd.Vilas Transcore IPO opens for subscription on May 27, 2024, and closes on May 29, 2024.
25.05 / 17:49
band
performer
singer
stars
reports
Videos
Sporting
KKR vs SRH IPL 2024: Imagine Dragons to perform at closing ceremony, confirms Dan Reynolds
Indian Premier League 2024 finale at the M Chidambaram Stadium in Chennai on 26 May.However, the bigger news is that American pop-rock band ‘Imagine Dragons’ is all set to perform at the IPL closing ceremony.ALSO READ: Tomorrow’s IPL Match: KKR vs SRH - who’ll win Kolkata vs Hyderabad final on May 26? Fantasy team, pitch report and moreBand's lead singer Dan Reynolds confirmed his presence at the closing ceremony of IPL Season 17 and heaped praise on Virat Kohli.A video was shared by Star Sports on X, where Dan can be heard saying, “This the stage where we come along. The moment is here.
25.05 / 09:53
markets
UPS
IPO
security
Research
wellness
band
Awfis Space IPO to close on May 27; check latest GMP, subscription status, key dates, more.
Also Read: Awfis Space Solutions IPO Day 2: Check latest GMP, subscription status. Should you apply?On Thursday, May 23, a large number of retail applicants applied online through Google Pay, Upstox, and Zerodha in response to the Awfis Space Solutions IPO.
25.05 / 09:53
Art
Digital
Booking
band
show
travelers
Weekly planner: 5 events to liven things up
Lungs. This acclaimed play by Duncan Macmillan, which first premiered in 2022, has been directed by Quasar Thakore Padamsee. Starring Dilnaz Irani and Prashant Prakash, the poignant tale revolves around a couple contemplating the ethical and emotional complexities of bringing a child into a world fraught with conflict, climate change and a burgeoning population.
24.05 / 03:21
UPS
Analysis
band
recommendations
guidelines
Headlines
RBI’s huge surplus transfer: Largesse in need of an explanation
₹2.1 trillion, the surplus (note, not dividend, since RBI is not a commercial entity) is the highest-ever payout by the central bank, and more than double the previous year’s ₹86,416 crore. This is good news. Especially since the transfer has been done after beefing up RBI’s contingency risk buffer (CRB) to the upper end of the band (5.5-6.5% of its balance sheet) suggested by the 2019 Bimal Jalan committee.
24.05 / 02:47
markets
UPS
FIVE
Election
Trade
band
recommendations
Chandan Taparia recommendations: How to trade Bharti Airtel, Cochin Shipyard, BEL shares today
Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today - May 24Meanwhile, volatility is increasing ahead of the election phases which could cause a bumpy ride in the market for the time being. Taparia believes India VIX needs to fall below 16-18 zones for stability and a smoother ride in the market.Option data suggests a broader trading range in between 22,500 to 23,500 zones while an immediate range between 22,700 to 23,200 levels.The Bank Nifty index witnessed strong buying interest on Thursday as it surged over 1,000 points from lower levels.
23.05 / 22:49
23.05 / 12:47
IPO
Booking
Manufacturing
Enterprise
band
medicines
Pharmaceuticals
GSM Foils IPO to open for subscription on May 24; Check key dates, price band, other details
GSM Foils IPO: The initial public offering (IPO) of small- and medium-sized enterprise (SME) GSM Foils Ltd will open for subscription on Friday, May 24, 2024. The aluminum pharma foils manufacturer aims to raise ₹11 crore through the public issue which will be open for bidding till May 28,2024.GSM Foils manufactures Blister Foils and Aluminium Pharma Foils, also known as "Strip Foils," used for packaging pharmaceutical medicines such as capsules and tablets. These foils are primary packaging materials that come into direct contact with the medicine, so utmost care is taken to ensure their quality. GSM Foils IPO is a fixed price issue of ₹11.01 crore.
23.05 / 01:37
UPS
Provident
Manufacturing
Gap
band
electronic
Bengaluru startup that makes silicon replacement for chips to scale production
NoPo Nanotechnologies, which makes an advanced material that can replace silicon in semiconductors and batteries and is supplying samples to chipmakers in Taiwan and Japan, is scaling up production capacity, its founders told ET. Single-walled carbon nanotubes (SWCNTs), which Bengaluru-based NoPo makes, have applications of a wide range, from EV battery manufacturing, where the material can improve energy density, to design of semiconductors.
23.05 / 00:59
UPS
Apple
band
stage
track
Features
Selecting the ideal smartwatch for your health and fitness: Comprehensive buying guide
Compatibility: This is rule number one to ensure seamless pairing with your phone. Smartwatches typically work with either Android or iOS, and some offer compatibility with both. This solely depends on the brand of smartwatch, like WearOS watches works with iOS but the experience is limited.
22.05 / 14:41
markets
UPS
IPO
Digital
security
Trade
band
Go Digit to debut at the bourses on Thursday. Here's what GMP signals ahead of listing
Go Digit Insurance will debut on the exchanges on Thursday. Ahead of the listing, the company's shares are trading at a premium of Rs 25 in the unlisted market. Considering the upper price band of Rs 278, the stock is expected to gain around 9-10% on listing.
22.05 / 05:05
markets
COST
IPO
Digital
band
show
cover
Indian Emulsifier share price lists with stellar 225% premium, at ₹430 on the NSE SME
₹430 a piece on the NSE SME on Wednesday. Indian Emulsifier share price post listing hit highs of ₹451.50 and lows of ₹410.05 The Issue that opened for subscription on the Monday 13 May 2024, had closed on Friday 17 May 2024. The issue received an overwhelming response being subscribed 460 times and 484 times in the retail category.
21.05 / 18:09
markets
IPO
Provident
Booking
security
band
information
Awfis Space Solutions IPO: Workspace provider raises ₹268.61 crore from anchor investors ahead of IPO
₹268.61 crore in an anchor book round a day before its initial public offerings (IPO) open for subscription. According to the exchange filing, the company allocated 70,13,483 shares to 32 anchor investors at the upper price band of ₹383 per equity share. “The IPO Committee of the Company at its meeting held on May 21, 2024, in consultation with the Book Running Lead Managers to the Offer, has finalized allocation of 70,13,483 Equity Shares, to Anchor Investors at Anchor Investor allocation price of ₹ 383/- per Equity Share (including share premium of ₹ 373/- per Equity Share)," The company further informed that 53.53 per cent of the total allocation to anchor investors were allocated to 12 domestic mutual funds.
21.05 / 17:27
UPS
IPO
Provident
SUN
wellness
band
Ahead of IPO, Awfis Space Solutions garners Rs 268 crore from anchor investors
Awfis Space Solutions Ltd on Tuesday said it has mobilised a little over Rs 268 crore from anchor investors a day before its initial share-sale opening for public subscription. The company has allotted 70.13 lakh equity shares to 32 funds at Rs 383 apiece, which is also the upper end of the price band, according to a circular uploaded on BSE's website. At this price, the firm has collected Rs 268.61 crore, it added.
21.05 / 12:09
markets
UPS
IPO
Booking
security
Trade
band
Awfis Space Solutions IPO opens Wednesday. What GMP signals ahead of issue launch?
IPO) of Awfis Space Solutions will open for subscription on May 22 and will close on May 24. Ahead of the issue opening, the company's shares are trading with a premium of Rs 165 in the unlisted market. The anchor book will open for institutional investors later today. The firm is anticipated to list on stock exchanges on May 30.
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