IPO Financial News

12.02 / 17:19

UPS IPO security show reports stake Small investors bump up stake in NSE on hopes of listing

₹200,000 each also hiked stake in the bourse to 3.62% in the December quarter from 3.49% in the preceding quarter. Of the total equity stake held by HNIs, veteran investor Radhakishan Damani kept a 1.58% stake. The hike in the share of resident entities is borne by huge transfers of NSE shares from non-residents and foreign-controlled Indian entities (ind-irect foreign investment) to residents in December.

12.02 / 16:25

IPO Manufacturing security performer reports International Gold Plus Glass Industry files draft papers with SEBI to launch IPO

₹500 crore, alongside a secondary offering of 1.57 crore shares by two promoters – namely, Suresh Tyagi and Jimmy Tyagi – in addition to shares from Premji Invest-owned PI Opportunities Fund I and Kotak Special Situations Fund. Also read: Vibhor Steel Tubes raises ₹21 crore from anchor investors ahead of IPO PI Opportunities Fund, an affiliate of Premji Invest, serves as the private equity and venture capital investment branch of the Premji Foundation, overseen by Azim Premji.

12.02 / 15:13

UPS IPO Booking Manufacturing security band Vibhor Steel Tubes raises ₹21 crore from anchor investors ahead of IPO

₹21.5 crore from anchor investors a day ahead of its initial public offering (IPO). The anchor book round saw participation of only three investors - Saint Capital Fund, Chhatisgarh Investments Limited and Neomile Growth Fund - Series I. Also read: Vibhor Steel Tubes IPO: Check issue dates, price band, GMP, among 10 key things to know The company allocated 14,24,907 equity shares at a price of ₹151 per share to its anchor investors.

12.02 / 14:19

IPO Provident Parke Deloitte performer Equality Brookfield India REIT leases 1 million sq ft in Q3, best-ever performance since listing

Wipro, and Genpact during the quarter ended December. The REIT has also provided guidance of 2.0-2.4 million sq ft new leasing for the next 4-5 quarters. Of the total deals, new leasing is around 500,000 sq ft including 400,000 sq ft in its Special Economic Zone (SEZ) assets, the highest ever since the REIT’s listing in February 2021. The December quarter leasing sequentially outperforms the previous best quarter of July-September by over 22%. Lease renewals by occupiers including Deloitte and Evalueserve for 233,000 sq ft and 212,000 sq ft, respectively, totalled 539,000 sq ft during the quarter.

12.02 / 11:45

IPO Provident Digital CEO Action reports regulatory RBI Governor Shaktikanta Das says ‘hardly any room’ to review regulatory action on Paytm Payments Bank

Reserve Bank of India (RBI) issued a directive to Paytm affiliate Paytm Payments Bank, mandating the cessation of a significant portion of its operations by February 29. This includes discontinuing services related to deposits, credit offerings, and its widely-used digital wallets, citing ongoing issues of non-compliance. The Reserve Bank of India may soon release FAQs (Frequently Asked Questions) on all aspects of the decision against Paytm Payments Bank, which will clarify any confusions in the minds of consumers about the RBI's decision against the fintech startup.

12.02 / 11:45

markets IPO Provident WhatsApp band Interiors and More IPO announces price band at ₹216-227 apiece; check issue details, key dates, more

₹216 to ₹227 apiece. Interiors and More IPO will open for subscription on Thursday, February 15, and close on Tuesday, February 20.

12.02 / 04:29

markets UPS IPO Booking security Healthcare band Entero Healthcare Solutions IPO: From financials to key risks, here are 10 key things to know from RHP

₹1600 crore is open for subscription and is witnessing a tepid response. Entero Healthcare Solutions IPO opened for subscription on Friday, February 9. At the end of day 1, Entero Healthcare Solutions IPO subscription status was 10 per cent.

12.02 / 04:29

markets IPO Booking trends Rashi Peripherals IPO: Allotment date likely today. GMP jumps, how to check allotment status online

Rashi Peripherals IPO: Bidding for the initial public offering ended on Friday last week. In the wake of the T+3 listing rule, which has become mandatory from 1st December 2023, Rashi Peripherals IPO listing date is most likely on 14th February 2024 i.e. on Wednesday this week.

11.02 / 11:20

markets COST IPO FIVE Enterprise band Indian Emulsifiers files draft papers with NSE to raise funds via IPO

₹115-128 per share. At the upper end of this price band, the company anticipates raising ₹44.80 crore. The book-running manager for the issue is Ekadrisht Capital.

11.02 / 11:20

markets IPO FIVE Booking wellness Trade band Thaai Casting IPO: Here's price band, date, GMP and other details

₹73 to ₹77 per share. Also read: Indian Emulsifiers files draft papers with NSE to raise funds via IPO Investors can bid for a minimum of 1600 shares and in multiples thereof. The minimum amount of investment required by retail investors is ₹123,200.

11.02 / 10:09

markets IPO Manufacturing Opinion Experts recommendations Pharmaceuticals Emcure Pharma to launch IPO in 3 months: Namita Thapar of Shark Tank fame

During the event, when asked about her recent interest in investing in startups, Namita Thapar said, “So my father is a first-gen entrepreneur, and we run Emcure Pharmaceuticals. We're going to go public in 3 months so watch out for that big IPO."

11.02 / 07:18

markets UPS IPO Manufacturing Diversity Features Gold Plus Glass Industry files draft papers with Sebi to raise ₹500 crore via IPO

₹500 crore and an offer-for-sale (OFS) of up to 1.56 crore shares by promoters and investor shareholders. The individuals and entities participating in the OFS include Suresh Tyagi, Jimmy Tyagi, PI Opportunities Fund-I, and Kotak Special Situations Fund. Additionally, the Delhi-based company is contemplating raising ₹100 crore through a pre-IPO placement, which would result in a reduction of the issue size if executed.

11.02 / 05:25

markets COST IPO FIVE trends reports Cisco to layoff thousands of employees in a fresh round of job cuts: Report

Week Ahead: Inflation data, Q3 results, global cues among key market triggers this week The company is currently in the process of determining the exact number of employees who will be affected by the impending layoffs, according to a source familiar with the matter. An official announcement regarding the layoffs could be made as early as next week, coinciding with the company's earnings call scheduled for Feb.

11.02 / 05:25

markets IPO Booking security Enterprise Healthcare band week IPOs next week: Four new public issues, five listings to keep primary market busy

Jana Small Finance Bank IPO: GMP, how to check status as focus shifts to allotment date "The surge in domestic capital influx, robust growth of Indian entrepreneurial endeavors, advancements in governance standards, and the active engagement of conscientious institutional investors collectively contribute to the sustained momentum expected in the IPO market throughout 2024. This week, commencing February 22nd, 4 mainboard IPOs Appejay Surrendra Park Hotels, Rashi Peripherals, Jana Small Finance Bank and Capital Small Finance closed to raise cumulative of 2,613 crores," said Mahavir Lunawat, Managing Director, Pantomath Capital Advisors Pvt. Ltd.

11.02 / 01:07

markets UPS IPO Parke Research Trade Experts week inflation data Week Ahead: Inflation data, Q3 results, global cues among key market triggers this week

Also Read: Nifty February series outlook: 4 stocks where investors can park their money; do you own? "When valuations are high, the bears will use any negative news to drag the market down," said Dr VK Vijayakumar, chief investment strategist at Geojit Financial Services, referring to "slightly hawkish comments" from the Reserve Bank of India (RBI) governor on Thursday. The RBI kept interest rates unchanged on Thursday, as expected, and signaled rate cuts may not be imminent. The BSE benchmark fell by 723.57 points or one per cent to settle at 71,428.43 on Thursday amid uncertainty about the timing of interest rate reduction after the RBI policy decision.

10.02 / 15:01

markets COST IPO BLOCK security Experts Mint explainer: Why Sebi rethinks on 1% security deposit on public/rights issues

BSE. This security deposit amount is refundable or forfeitable in the manner specified by the board. The requirement of 1% security deposit was put in place by the regulator for public/rights issues so that an issuer expeditiously redresses investor complaints pertaining to refund of application money and allotment of securities, etc.

10.02 / 10:53

markets IPO Booking trends Rashi Peripherals IPO: Focus shifts to allotment date. GMP, how to check allotment status online

Rashi Peripherals IPO: Bidding for the initial public offering (IPO) of Rashi Peripherals Ltd ended on Friday. After three days of bidding, Rashi Peripherals IPO subscription status suggests that the public issue received a strong response from the primary market investors. The book build issue got subscribed to the tune of nearly 60 times against its offer.

10.02 / 10:53

markets IPO Booking trends Jana Small Finance Bank IPO: GMP, how to check status as focus shifts to allotment date

Jana Small Finance Bank IPO: Bidding for the initial public offering (IPO) of Jana Small Finance Bank Ltd ended on Friday. After three days of bidding, Jana Small Finance Bank IPO subscription status suggests that the public issue received a strong response from the primary market investors. The book build issue got subscribed to the tune of nearly 18 times against its offer.

10.02 / 08:27

markets IPO Parke Experts hospital information recommendations park Apeejay Surrendra Park Hotels IPO listing date out. GMP signals strong debut of shares

Apeejay Surrendra Park Hotels IPO: The listing date of the initial public offering (IPO) of Apeejay Surrendra Park Hotels Limited has been fixed on 12th February 2024 i.e. on Monday next week.

09.02 / 20:53

markets UPS IPO economy Pool Food Mexico's BBB Foods valued at $2.2 billion after shares jump 11.4% on New York debut

(Reuters) -Shares of Mexico's BBB Foods rose 11.4% on their debut on the New York Stock Exchange (NYSE) on Friday, giving the discount grocery retailer a valuation of $2.2 billion.

09.02 / 16:44

markets IPO Target reports Jefferies downgrades ITC, slashes target price to ₹430

₹520 to ₹430. “We reduce our target multiple on cigarette business to 18x from 25x, given the overhang, as highlighted above. Downgrade ITC to Hold, with a revised PT of ₹430 (vs.

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