Bottomline Financial News

12.07 / 06:53

IPO Booking Bottomline sfb Utkarsh SFB IPO subscription status: Issue sails through within 2 hours; retail portion booked over 3.5x

According to the data from BSE, the investors made bids for 12,27,66,000 equity shares or 1.02 times compared to 12,05,43,477 equity shares on offer for subscription by 12.06 pm. The quota for retail bidders was subscribed 3.79 times, whereas the allocation for non-institutional investors fetched 1.24 times bids. But the portion for qualified institutional bidders was not off the mark yet.

12.07 / 04:35

IPO Bottomline Utkarsh Small Finance Bank IPO opens: Should you subscribe to the issue?

Utkarsh Small Finance Bank kicked off for subscription on Tuesday and will be available for public bidding till July 14. Analysts advised investors to subscribe to the issue for the long term given its strong loan portfolio and lowest cost-to-income ratio. At the upper price band, the company is valued at a P/B of 1.39x, with a market cap of Rs 2,740 crore post-issue of equity shares and a return on net worth of 20.22%.

11.07 / 13:49

Software HSBC Bottomline HCL Tech Q1 Preview: Tough business environment may pull down PAT by 4% QoQ

HCL Technologies Ltd is likely to have seen subdued growth in June quarter earnings, due to a slowdown in technology spending and weak profitability. The software major’s consolidated net sales are expected to rise a mere 0.6% sequentially in the quarter to Rs 26,756 crore, according to the average of estimates given by 11 brokerages. Consolidated net profit is set to fall 4.3% sequentially to Rs 3,812 crore, the estimates showed.

what you should know about Bottomline

What is Bottomline and why is it important?

Bottomline is a significant category that draws public attention. On our site, we regularly publish news related to this subject.

Where can I find the latest updates on Bottomline?

All recent news about Bottomline can be found in the special selection. We publish information in a timely manner.

How can I verify the accuracy of information on Bottomline?

We consult with professionals to ensure that the information about Bottomline is reliable and informative for our readers.