The initial public offering (IPO) of storage solutions provider Aegis Vopak Terminals, which opened for public subscription earlier today, has attracted a subscription of 26% on Day 1 of the process. The issue is available for bidding till May 28. By the end of the first day of bidding, the issue had received bids for … Read more
Storage solutions provider Aegis Vopak Terminals has raised Rs 1,260 crore crore from 32 anchor investors, allocating over 5.36 crore equity shares ahead of the company’s initial public offering (IPO) which opens on Monday, May 26, 2025. The anchor allocation bid saw participation from global funds like Goldman Sachs, Nomura Trust & Banking Co, Scotland-based … Read more
Within local equities, poll participants recommend a bigger exposure to large-cap stocks in 2025. Among sectors, most participants prefer banks, IT and pharma. HOW SHOULD RETAIL INVESTORS APPROACH MARKETS IN 2025? Agencies WHICH ASSET CLASS WILL OUTPERFORM IN 2025? Agencies WHAT SHOULD BE THE ALLOCATION TO EQUITIES IN 2025 LOOK LIKE? Agencies WILL FPIS REMAIN … Read more
The shares of Oravel Stays Limited, which owns and runs the brand Oyo are being traded in the Rs 53 to 55 range, translating to a valuation of nearly $ 4.4 billion. This is 28% below the high of Rs 77 per share it had touched in February 2024. The price had dipped to Rs … Read more
The Waaree Energies IPO share allotment has been finalized today following a strong response from the market, with its shares listing at a healthy premium of 90% in the unlisted market, down from 104%. Investors will receive debit messages from their banks regarding the allotment, which will be conducted on a lottery basis. The entire … Read more
Solar PV modules manufacturer Waaree Energies on Monday received market regulator Securities and Exchange Board of India’s (Sebi) approval for its proposed initial public offering (IPO). The company’s initial public offering comprises a fresh issue of equity shares aggregating up to Rs 3,000 crore and an offer for sale of up to 3,200,000 Equity Shares … Read more
Balaji Subramanian, AVP and telecom analyst, IIFL Securities, says that with the Supreme Court rejecting the telecom companies’ plea for re-computation of adjusted gross revenue (AGR) case, there is no relief in sight for telecom majors. If Vodafone Idea is able to complete its debt fundraising, then the capex programme should be on track and … Read more
UBS was on a selling spree on Friday as the Zurich-based bank and financial services company sold its holding in four stocks through UBS Principal Capital Asia Limited via block deals. The stocks included Concord Biotech, Five Star Business Finance, IIFL Securities and Marksans Pharma and the total share sale aggregated to Rs 480 crore. … Read more
The initial public offering (IPO) of Bajaj Housing Finance was subscribed over 3 times on the second day of bidding on Tuesday, led by strong demand from non-institutional investors (NIIs). On Day One, the issue was subscribed 2.02 times. At 11:09 am, the issue attracted bids for 2,17,98,61,352 shares, or 3 times against the issue … Read more
Bajaj Housing Finance is set to launch its initial public offering (IPO) on Monday, September 9. Ahead of the public issue, the grey market premium (GMP) for the company’s shares stands at Rs 51-52, indicating a potential upside of 73% above the issue price. The price band for the IPO has been fixed at Rs … Read more