Band Financial News

LIC, whose initial public offering was worth Rs 21,000 crore, by garnering a record number of 73.58 lakh applications. Tata Tech IPO was oversubscribed 69.43 times as investors poured in Rs 1.57 lakh crore by making 73.58 lakh applications. The issue closed for subscription on Friday. In terms of the number of applications, Tata Tech has broken LIC's record of 73.38 lakh applications in May 2022. On Dalal Street, Reliance Power is at the third place as it had got 48 lakh IPO applications in January 2008. Tata Tech IPO Tata Tech IPO saw huge investor interest with the QIB portion getting subscribed 203 times, with the HNI portion receiving bids 62 times the amount on offer.

₹1.5 trillion. It was followed closely by Gandhar Oil Refinery (India) Ltd at 65.63 times and Flair Writing Industries Ltd at 49.28 times. Fedbank Financial Services saw a more modest reception at 2.2 times.

This week marked significant developments in the cryptocurrency industry, with the DOJ imposing a historic fine on Binance and the exchange's admission to serious accusations leading to the forced resignation of Changpeng Zhao. Despite the gravity of these events, Bitcoin's eventual response was quite subdued.

Nearly a year after the dramatic collapse of FTX, several former executives of the defunct cryptocurrency exchange have banded together to launch a new venture in the digital currency space. This new endeavor, named Backpack Exchange, is set to reshape the crypto landscape with a focus on enhanced security and regulatory compliance.

₹1,092.26 crore IPO of Fedbank Financial Services, a retail-focused non-banking finance company promoted by Federal Bank, has achieved full subscription on the last day of bidding (November 24). At 12:30 PM, the issue had garnered bids for 7,33,03,453 shares against the available 5,59,23,660 shares, resulting in a subscription rate of 1.31 times. The retail segment displayed notable interest, with a subscription rate reaching 1.51 times.

GMP: The company's shares in the grey market are trading at a healthy premium of ₹76, indicating a 45 percent premium at listing. However, one must note that grey market premium is only an indicator of how the company's shares are performing in the unlisted market and can change quickly. The ₹501 crore IPO of Gandhar Oil opened for subscription on November 22 and will close on November 24.

Tata Motors’ subsidiary, Tata Technologies Ltd, has received strong investors’ response with a record number of IPO applications. The Tata Technologies IPO, which opened for subscription on November 22, will close today, November 24. Read Tata Technologies IPO LIVE Updates here Amid huge interest from investors across the board, Tata Technologies IPO got oversubscribed heavily within hours of opening.

BSE. Flair Writing IPO subscription status was 2.18 times on day 1.

King Charles III honored the K-pop band Blackpink

BSE. On the first day of bidding, the issue was fully subscribed with bids coming in for 89 million shares as against a total of 21 million offered shares. The public issue was subscribed by a total of 4.2 times led by retail and non-institutional investors (NIIs), as of 3:15 pm.

₹1,092.26 crore IPO of Fedbank Financial Services, a retail-focused non-banking finance company promoted by Federal Bank, continued to witness subdued interest from investors on its second day of bidding. Also Read: Fedbank Financial Services IPO: Issue receives tepid response from investors on Day 01 Investors bid for 5,05,84,571 shares on the second day (November 23) against the available 5,59,23,660 shares, translating into a subscription rate of 90%, as per BSE data. Notably, the retail segment exhibited decent demand as the subscription rate reached 1.26 times.

Thanksgiving Day Parade, bringing with it seasonal cheer, musical performances, and massive floats featuring new and returning characters. This year, the annual event will see 16 enormous character balloons, 26 floats, 32 novelty and heritage inflatables, 12 marching bands, 700 clowns, and an extensive lineup of artists. Here's a list of all the artists who will be performing at the Macy's parade: Cher: The pop goddess will be closing out the 97th parade as the final performer. Pentatonix: The Grammy-winning a cappella group, a perennial favorite during the holiday season, is set to commence their 2023 North American Christmas Tour, titled «The Most Wonderful Tour of the Year.» This comes on the heels of the release of their album «The Greatest Christmas Hits.» Amanda Shaw: A fiddler, singer, and songwriter fusing country and pop, Amanda Shaw known as the Queen of Cajun Country, has released six studio albums since 2001. Chicago: The enduring pop-rock ensemble Chicago continues to captivate audiences with their live performances even after 56 years in the music scene.

BSE SME. The refund process will begin on Friday, November 24, and shares will be credited to the Demat account of those allotted on Tuesday, November 28.

We don’t support this browser anymore. This means our website may not look and work as you would expect. Read more about browsers and how to update them here.

LED, LCD, and OLED, offering a unique viewing experience. Unlike OLED, which relies on organic compounds, QLED harnesses the power of quantum dots – microscopic semiconductor particles – to produce vibrant and lifelike colours. The benefits of a QLED panel are manifold, making it a compelling choice for those seeking an elevated viewing experience.

GMP: The company's shares in the grey market are trading at a healthy premium of ₹73, indicating an over 43 percent premium at listing. However, one must note that grey market premium is only an indicator of how the company's shares are performing in the unlisted market and can change quickly. The ₹501 crore IPO of Gandhar Oil opened for subscription on November 22 and will close on November 24.

Federal Bank Limited is the promoter of Fedbank Financial Services, a non-banking finance company (NBFC) with retail in focus. According to the CRISIL Report, in the fiscal year 2023 and the three months ending on June 30, 2023, Fedbank Financial Services had the second and third lowest cost of borrowing among the micro, small, and medium-sized enterprises (MSMEs) gold loan and MSME & gold loan peer set in India.

Also Read: Tata Technologies IPO open for subscription: GMP, issue details, 10 key things to know before you invest Tata Technologies is a subsidiary of automobile major Tata Motors and is a pure-play manufacturing focused Engineering Research & Development (ER&D) company, primarily focused on the automotive industry. Tata Technologies IPO issue size is ₹3,042.51 crore which is entirely an offer for sale (OFS) of 6.09 crore equity shares by the promoter and investors.

If the current trends sustain analysts expect the company to double investors' wealth on listing day itself. The robust demand was also seen in the subscription numbers as the issue was booked over 6 times on the first day itself. The IPO, which closes on November 24, is the first from Tata Group since TCS, which is also one of the reasons why the issue is generating considerable buzz. Also Read | Tata Technologies vs 4 other IPOs: Which is the best bet if you have to pick one? Analysts are overwhelmingly positive on the issue and, in fact, prefer the IPO over four others.

e-commerce sites you frequent as well as from real estate, automobiles and more inviting you to take advantage of the big Black Friday sales? That’s why we are going to learn about the American festival of Thanksgiving. A federal holiday in the United States, Thanksgiving is celebrated on the fourth Thursday in November every year.

IREDA IPO: The initial public offering (IPO) of Indian Renewable Energy Development Agency Ltd opened for subscription on Tuesday. Three day subscription of the public issue will end on 23rd November 2023, which means investors have just one day in hand to apply for this public offer. As per the IREDA IPO subscription status, the public issue has been subscribed 4.56 times after two days of bidding.