The buzz around the recent Lenskart IPO has drawn sharp reactions and debates among investors and social media users. Adding perspective to the ongoing discussion, Deepak Shenoy, CEO, Capitalmind Asset Management, shared his views on the drama around an IPO and unpredictability of market behavior. Shenoy posted on social media platform X that, “So much … Read more
Veteran investor Shankar Sharma has weighed in on the debate surrounding Lenskart’s upcoming initial public offering, stating that the eyewear retailer’s valuation is under unfair scrutiny. In a post on X (formerly Twitter), he remarked: “I have never bought any specs (I don’t wear specs) ever, but one thing is crystal clear from my lens: … Read more
Stock broker Groww on Thursday rolled out commodities trading on its platform, as it continues diversifying its wealth and capital markets offerings. Groww customers with active trading accounts can trade in commodities such as crude oil, gold, silver and natural gas through the Metropolitan Stock Exchange from 9 am to 11:30 pm, according to information … Read more
Global markets and assets management company CLSA sold around 8.4 lakh shares in WeWork India Management via a bulk deal on Monday. The shares were sold at a price of Rs 618.55 apiece taking the deal size to Rs 52 crore. The shares were sold through company’s affiliate CLSA Global Markets Pte. LTD – ODI … Read more
Capital markets regulator Sebi on Friday said Synoptics Technologies and its promoters will remain barred from the securities market till the outcome of a probe in a case of alleged siphoning off IPO proceeds. The company’s promoters are Jatin Shah, Jagmohan Manilal Shah and Janvi Jatin Shah have also been debarred by the regulator. “I…hereby … Read more
U.S. market regulators began the process of furloughing workers on Wednesday as the federal government shut down after Congress failed to extend funding, curtailing key oversight functions, stymieing initial public offerings, and limiting some market and economic data. The shutdown, which began at midnight, will force the Securities and Exchange Commission to furlough more than … Read more
Fintech firm PayNearby is planning an initial public offering (IPO) in the next financial year to boost the next phase of growth. “We have initiated the IPO process and talks with three merchant bankers. We will soon select a merchant banker to proceed with the process,” PayNearby founder, MD and CEO Anand Kumar Bajaj told … Read more
Epack Prefab Technologies has raised Rs 151 crore from anchor investors ahead of its Rs 504-crore IPO, which opens for subscription on September 24. The company has finalised the allocation of 74.11 lakh shares at Rs 204 per share to a clutch of marquee investors. Anchor investor participation The issue witnessed strong demand from both … Read more
Medicap Healthcare Ltd has filed draft papers with markets regulator Sebi to raise Rs 240 crore through an initial public offering (IPO). The proposed IPO is entirely a fresh issue of equity shares with no offer for sale (OFS) component, according to the draft red herring prospectus (DRHP) filed on Monday. The company plans to … Read more
आईपीओ मार्केट में साल 2025 में भी बीते साल जैसी बहार देखने को मिल रही है और एक के बाद एक कई छोटी-बड़ी कंपनियों के इश्यू दस्तक देकर शेयर बाजार में लिस्ट हो रहे हैं. इनमें से कुछ लिस्ट होते ही निवेशकों के लिए फायदे का सौदा साबित हुए, तो वहीं कुछ ने निराश भी … Read more