Band Financial News

Suraj Estate IPO: Listing date of the initial public offering (IPO) of Suraj Estate Developers Ltd has been fixed on 26th December 2023. As per the information available on BSE website, Suraj Estate share price will list on BSE and NSE on 26th December 2023 in 'B' group of securities. Suraj Estate IPO listing will take place in a special pre open session during Tuesday deals this week.

Laura Lynch, a founding member of the U.S. country band “Dixie Chicks,” died in a head-on car crash on a Texas highway, law enforcement said on Saturday.

Our selection encompasses a diverse range of products, including unique gadgets, elegant accessories, delectable gourmet treats, and much more. With our carefully curated list, you can find the ideal gift to suit any taste and preference, ensuring that your Christmas celebrations are filled with warmth, happiness, and the joy of giving. Don’t forget to explore more such Gifting ideas on the Top Trending ProductsPage. 1. List of the best Christmas Decorative gifting ideas

MUMBAI : A battle of nerves has built up in India’s derivatives market with foreign portfolio investors (FPIs) betting the indices will rise further, while an opposing camp of retail and wealthy investors is equally convinced they can correct. Even as markets have hit record highs, National Stock Exchange’s Client category—comprising largely high-net-worth individuals (HNIs) and retail investors—has taken a sizeable bearish position on index futures contracts, mainly the Nifty and the Bank Nifty, while FPIs have a bullish position on them. NSE data showed that Client held 85,251 cumulative net short contracts as of 22 December, while FPIs held 84,690 net long contracts.

Laura Lynch, one of the founding members of the acclaimed country band now known as The Chicks, has met an untimely demise in a car crash, as reported by NBC affiliate KTSM. Her passing has left the music world and fans in mourning, with The Chicks expressing their shock and sadness.

Muthoot Microfin listing: The shares of Muthoot Microfin will likely get listed on the exchanges on December 26. Ahead of the listing, the company's shares are commanding a premium of Rs 26 in the unlisted market. Considering the upper price band of Rs 291, the company's shares are expected to list with a mild premium of 9% on the exchanges. However, it is important to note that grey market premiums are just an indicator as to how the company's shares are stacked up in the unlisted market and are subject to change rapidly. The Rs 960-crore IPO of Muthoot Microfin was subscribed 11.52 times at close.

IPO, are holding steady at Rs 78-80 in the unlisted market, indicating multibagger listing gains to investors. The company's shares are expected to list on the exchanges on December 26. At the upper price band of Rs 55, the stock is trading nearly 145% higher than the offer price. However, it is important to note that grey market premiums are just an indicator as to how the company's shares are stacked up in the unlisted market and are subject to change rapidly. The public offer of Motisons Jewellers was subscribed 159.6 times at close, led by heavy bidding by qualified institutional buyers and non-institutional investors. The retail portion of the issue was subscribed 122.28 times, and the non-institutional category's subscription rate stood at 233.91 times. The allocation for qualified institutional bidders was booked 157.4 times.

₹5,500 crore, on Friday, December 22. This marks the inaugural IPO from an Indian electric vehicle (EV) manufacturer and is notably the first IPO by a two-wheeler maker in India since the introduction of Bajaj Auto in 2008.

(Reuters) -Laura Lynch, a founding member of the U.S. country band «Dixie Chicks,» died in a head-on car crash on a Texas highway, law enforcement said on Saturday.

Ola Electric IPO: SoftBank Group-backed e-scooter maker company filed DRHP (Draft Red Herring Prospectus) with market regulator Securities and Exchange Board of India (SEBI) on Friday last week. The proposed public issue includes a fresh equity share release of up to ₹5,500 crore and an offer for sale (OFS) of 95,191,195 equity shares at a face value of ₹10 per equity share.

The IPO of Azad Engineering was subscribed 80.6 times on the last day of the bidding process. The category reserved for QIB was subscribed the most at 179 times, followed by NIIs at 87 times.

Motisons Jewellers IPO: After allotment of shares, lucky allottees are eagerly waiting for Motisons Jewellers IPO listing date, which is fixed on 26th December 2023. Those who have applied for the book build issue need not to move from pillar to post and check Motisons Jewellers IPO allotment status. They can check their application online by logging in at the BSE website or at the website of Motisons Jewellers IPO refistrar — Link Intime Private Limited.

Ola Electric filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on December 22. The proposed issue includes a fresh equity share release of up to ₹5,500 crore and an offer for sale (OFS) of 95,191,195 equity shares at a face value of ₹10. Bhavish Aggarwal, the founder of Ola Electric, is set to sell around 47.4 million shares in the SoftBank Group-backed e-scooter maker.

Ola Electric, is set to sell around 47.4 million shares in the SoftBank Group-backed e-scooter maker, as per the company's preliminary draft papers filed with SEBI on December 22. The proposed issue includes a fresh equity share release of up to ₹5,500 crore and an offer for sale (OFS) of 95,191,195 equity shares at a face value of ₹10.

Suraj Estate IPO: Allotment status of the initial public offering (IPO) of Mufti brand's patent company Suraj Estate Developers Limited has been declared. Those who have applied for the public issue can check Suraj Estate IPO allotment status online by logging in at the BSE website or at the website of official registrar of the book build issue — Link Intime Private Limited.

Happy Forgings IPO: Allotment status of applications for the initial public offering (IPO) of Happy Forgings Limited has been declared. Those who have applied for the public issue can check Happy Forgings IPO allotment status online by logging in at the BSE website or at the website of official registrar of the book build issue — Link Intime Private Limited.

Credo Brands IPO: Allotment status of the initial public offering (IPO) of Mufti brand patent Credo Brands Marketing Limited has been declared. Those who have applied for the public issue can check Credo Brands IPO allotment status online by logging in at the BSE website or at the website of official registrar of the book build issue — Link Intime Private Limited. After declaration of Credo Brands IPO allotment, focus has now shifted towards Credo Brands IPO listing date, which is most likely on 27th December 2023.

MUMBAI: The Reserve Bank of India’s rate-setting committee expressed concerns about a possible resurgence in food inflation ahead, minutes of the panel’s 6-8 December meeting showed. The unease prompted the Monetary Policy Committee’s (MPC) six members to keep interest rates steady in a unanimous decision. This is the fifth consecutive time that the repo rate, which was last raised by 25 bps to 6.5% at the meeting of February 2023, has remained at that level.

NEW DELHI/MUMBAI: India took a step a closer to instant settlements in share trading on Friday, with the stock market regulator proposing it as an option in addition to the existing Transaction+1 (T+1) settlement cycle. Market participants said retail investors making delivery-based trades stand to benefit if the proposal in the regulator’s consultation paper makes it to the final stage, since they will receive proceeds instantaneously. This would be especially beneficial for investors selling shares since they will immediately receive money, which can be reinvested elsewhere.

Akanksha Power and Infrastructure IPO: The initial public offering (IPO) of small and medium-sized enterprises (SME) Akanksha Power and Infrastructure opens for subscription on Wednesday, on December 27, 2023 and closes on December 29, 2023. The public issue's price band is set at ₹52 to ₹55 per share.