Band Financial News
01.11 / 00:59
IPO
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Digital
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Mamaearth parent Honasa Consumer sees IPO going in the right direction
post-listing experience of public market investors from some of the earlier initial public offerings of new-age companies is unlikely to have an impact on the offering of Mamaearth parent Honasa Consumer, its cofounder and chief executive said. “The numbers should showcase in the next few days. We feel like it’s going in the right direction,” Varun Alagh told ET in an interview. “The retail portion has been subscribed 35% on day 1. For whatever reason, some people would have tasted bad blood but there have been multiple IPOs where there were 70-80% listing gains,” he added.
01.11 / 00:59
FIVE
Software
Nov
President
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information
reports
Infosys asks staff to work from office 10 days a month
work from home policy, Infosys has started calling back its employees to work from office for a minimum of ten days in a month, the software exporter's select employees at the entry to mid-level positions have been informed. «As we move to strengthen our return to office (RTO) approach and hybrid work model, I urge you to work from office for a minimum of 10 days in the month, starting Nov 20, 2023,» read an email sent by one of the vice presidents to employees in the band 5 and 6 in select verticals. ET has reviewed the email.
31.10 / 17:25
Citi
BLOCK
Parke
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2024
New Kids on the Block announces dates for Magic Summer 2024 Tour: All detail here
Magic Summer 2024 Tour. The band comprising of Donnie Wahlberg, Joey McIntyre, Jonathan Knight, Jordan Night and Danny Wood will kick off their three-month tour from Ohio on June 14, performing in over 40 cities before concluding the musical extravaganza on August 25 in Indiana. Paula Abdul and DJ Jazzy Jeff will also join the group on the tour. The «Hangin' Tough» hitmakers have hit the road on several occasions, performing with artistes, including Backstreet Boys, TLC and Boyz II Meni.
31.10 / 16:57
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Booking
Manufacturing
Healthcare
band
blues
innovations
Blue Jet Healthcare IPO share allotment finalised. Here's how you can check the status
Blue Jet Healthcare IPO is finalised on Tuesday. Investors will get shares on a lottery basis and the whole process will be supervised by the registrar. On the allotment date, investors get to know about the number of shares allotted to them as against the bids made.
31.10 / 13:13
IPO
FIVE
Citigroup
Actor
band
beautiful
Mamaearth parent Honasa Consumer IPO subscribed 12% on first day of subscription
Honasa Consumer, which owns new-age FMCG brands like Mamaearth and The Derma Co, got subscribed 12% on the first day of subscription on Tuesday. The IPO received bids for 36,07,182 shares against 2,88,99,514 shares on offer, according to NSE data. The portion for Retail Individual Investors (RIIs) was subscribed 34% while the quota for Qualified Institutional Buyers (QIBs) received 10% subscription. The category for non-institutional investors got subscribed 3%.
31.10 / 12:03
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Mamaearth IPO closes with lukewarm response on day 1; issue subscribed 12%
Mamaearth IPO set the price band for its issue at ₹308-324 per equity share of face value of ₹10 each. Mamaearth IPO has reserved not less than 75% of the shares in the public issue for Qualified Institutional Buyers (QIB), not more than 15% for Non Institutional Investors (NII), and not more than 10% of the offer is reserved for Retail Investors.
31.10 / 11:08
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Cello World IPO fully booked on day 2, subscribed 1.21 times so far; NIIs steal the show
Cello World IPO price band has been fixed in the range of ₹617 to ₹648 per equity share of face value of ₹5. Also Read: Cello World IPO: Should you subscribe to it? Here's what 5 of top brokerages say Cello World IPO has reserved not more than 50% of the shares in the public issue for Qualified Institutional Buyers (QIB), not less than 15% for Non Institutional Investors (NII), and not less than 35% of the offer is reserved for Retail Investors.
31.10 / 10:51
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Cello World IPO: Check out 10 key things to know from RHP before investing
On day 1, Cello World IPO has been subscribed 38%. Cello World IPO has reserved not more than 50% of the shares in the public issue for Qualified Institutional Buyers (QIB), not less than 15% for Non Institutional Investors (NII), and not less than 35% of the offer is reserved for Retail Investors.
31.10 / 10:51
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Transteel Seating Technologies IPO Day 2: Issue subscribed 3.4% so far; retail portion booked 5.8x
Read here: Transteel Seating Technologies IPO: Check GMP, subscription status, other key details as SME issue opens Transteel Seating IPO opened for public subscription on October 30, Monday, and will close on November 1, Wednesday. The company is expected to finalise the basis of IPO allotment on November 6, and initiate refunds on November 7, while credit the shares into the demat accounts of eligible investors on November 8.
31.10 / 10:35
Manufacturing
economy
band
show
electronic
reports
European stocks edge higher; AB Inbev results help ahead of key data
Investing.com — European stock markets edged higher Tuesday, as investors digested more corporate earnings ahead of the release of key regional growth and inflation data, overshadowing disappointing Chinese activity data.
31.10 / 10:35
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500
S&P 500 Sets Sights on 4200 as Volatility Eases: What to Expect Next
The S&P 500 finished higher, as rates rose modestly, and the dollar and the VIX fell. Today will be when the excitement starts, with the Bank of Japan policy decision keeping rates stable as expected, followed by a slew of economic data for the rest of the week and a Fed meeting and press conference on Wednesday.
31.10 / 09:19
IPO
Booking
Allianz
Experts
band
MetLife
innovations
ESAF Small Finance Bank sets price band of Rs 57-60 for its IPO
ESAF refiled its draft IPO papers in July this year and received approval for the same from Sebi earlier this month. The Rs 463-crore IPO includes a fresh equity issue of Rs 391 crore and an offer for sale (OFS) of Rs 72 crore. Investors can bid for a minimum of 250 shares and in multiples thereafter. Under the OFS, promoter selling shareholder ESAF Financial Holdings will offload stake worth Rs 49 crore and other selling shareholders PNB MetLife and Bajaj Allianz Life make up for the remaining OFS portion. The offer is being made through the book building process, where about 50% of the issue is reserved for qualified institutional buyers, 15% for non-institutional investors and the rest 35% for retail investors. The proceeds from the fresh issue will be used towards augmenting the Bank’s Tier– I capital base to meet its future capital requirements. As a small finance bank, ESAF requires at least 75% of its adjusted net bank credit to be allocated to priority sectors.
31.10 / 09:19
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'Varun & I have built Honasa with love and governance.' Mamaearth IPO hits Dalal St, founder Ghazal Alagh quotes Robert Frost to describe entrepreneurial journey
Mamaearth — as its parent company Honasa Consumer made its debut on the stock exchange on Tuesday. For the high-profile founder couple Ghazal and Varun Alagh, it was a day wrapped in nervous energy and anticipation as the initial public offering (IPO) of Honasa — the listing is at a smaller size than initially planned — rolled out.
31.10 / 08:43
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Booking
Experts
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beautiful
IPO tracker: Cello World's issue booked 82% on Day 2; Mamaearth's subscribed 4% on first day
Here's a look at the subscription and other details Mamaearth The public offer of Honasa Consumer, which operates the Mamaearth brand, was subscribed just 4% so far on the first day of the bidding process. While the retail category was booked 22%, the other two categories are yet to get off the mark. According to market sources, the company's shares are trading with a marginal premium of Rs 7 in the unlisted market. The issue is priced in the range of Rs 308-324, and at the upper end, the company is valued at nearly Rs 10,500 crore. The IPO includes a fresh equity issue of Rs 365 crore and an offer for sale of about 4.12 crore shares.
31.10 / 08:43
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Actor
Experts
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beautiful
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Mamaearth IPO: Snapdeal sharks hit jackpot, turn Rs 38 lakh into Rs 38 crore in 6 years
Snapdeal co-founders Kunal Bahl and Rohit Kumar Bansal are among the two sharks who had acquired stakes in the digital-first beauty and personal care company at an average cost price of just Rs 3.21 per share in August 2017. At the upper price band of Rs 324, the duo stands to make an astounding profit of Rs 38.27 crore translating into a return of 9,993%. Bahl and Bansal are selling 1,19,3250 shares out of the total 2,386,500 shares owned by them ahead of the IPO.
31.10 / 08:21
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Mamaearth IPO: Check out 10 key risks before investing your money
₹765.20 crore from anchor investors on Monday, October 30. Seven prominent mutual funds invested ₹253 crore in the Mamaearth IPO, receiving 33.1% of the anchor allocation.
31.10 / 08:21
IPO
Booking
economy
band
stage
innovations
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Mamaearth IPO: Should you subscribe? Here's what top 5 brokerages say on Honasa Consumer's book build issue
Honasa Consumer IPO: The Initial Public offering (IPO) of Mamaearth parent Honasa Consumer Limited hit primary market today. This means, subscription for the Mamaearth IPO has opened today and it will remain open for bidding till 1st November 2023.
31.10 / 06:42
Progressive
Aware
Action
Racing
band
cover
social
rights
What is caste discrimination? A closer look at new Ontario human rights ruling
caste discrimination in Canada is a huge step forward for civil rights, advocates say.In its ruling, the OHRC said while caste is not specified as a protected category under Canadian law, it is covered by international human rights law and hence, can be protected under the Ontario Human Rights Code.“Caste is not a prescribed Code ground, and only the legislature can recognize a new ground,” the OHRC noted.“However, the OHRC, the Human Rights Tribunal of Ontario and the courts must take a liberal and progressive interpretation of the Code. Human rights tribunals have found that caste-based discrimination is covered by human rights laws and can be challenged under one or more existing grounds.”Vijay Puli, executive director of the Canada-based South Asian Dalit Adivasi Network (SADAN), told Global News just the acknowledgment of caste discrimination from the OHRC is a huge leap forward.“People from oppressed castes can now finally go to court if they face discrimination.
31.10 / 03:45
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band
ESAF Small Finance Bank IPO opens on November 3, price band set at ₹57 to ₹60 per share
₹57 to ₹60 per equity share of face value of ₹10. ESAF Small Finance Bank IPO opens for subscription on Friday, November 3, and closes on Tuesday, November 7.
31.10 / 03:09
IPO
Booking
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Experts
band
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NOT
Mamaearth IPO: Public issue of Honasa Consumer opens today. GMP, review, apply or not?
Mamaearth IPO: The Initial Public Offering (IPO) of Honasa Consumer Limited popularly known as Mamaearth has hit primary market today. Mamaearth IPO will remain open for bidding till 2nd November 2023. Honasa Consumer Limited has fixed Mamaearth IPO price at ₹308 to ₹324 per equity share.
30.10 / 19:47
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