The previous highest amount raised through the market was in February when companies collected approximately Rs 7,500 crore. In July, companies raised around Rs 5,063 crore. August also saw several new-age companies, including marquee names like Ola Electric, Unicommerce, and Brainbees Solutions, tapping the public markets. The highly anticipated IPO of Ola Electric successfully raised … Read more
In December 2023, the Indian stock market experienced a significant burst in investments, with a massive 4.2 million new demat accounts being opened. According to several experts, this surging interest in equities is likely due to increased financial literacy, digitisation, user-friendly trading platforms and the FOMO factor. The growing number of demat accounts may foretell … Read more
The GMP of Motisons Jewellers, after a massive subscription to the IPO, are holding steady at Rs 78-80 in the unlisted market, indicating multibagger listing gains to investors. The company’s shares are expected to list on the exchanges on December 26. At the upper price band of Rs 55, the stock is trading nearly 145% … Read more
The year 2023 has been a solid one for the SME companies with staggering subscription numbers and bumper listing gains for investors. From the SME IPO basket, 136 out of the 166 companies were listed and closed in positive territory by the end of the listing day. Further, many of them have even tripled investors’ … Read more
The investment landscape is ever-evolving, with mutual funds often finding themselves at the decision-making crossroads, primarily when investing in Initial Public Offerings (IPOs). IPOs represent both opportunity and risk. This article explores the rationale behind mutual funds investing in IPOs, the risks involved, and the impact on investors. What is Mutual Funds’ Attraction to IPOs … Read more
It was a busy week for primary markets with five IPOs hitting the Street. Here’s a brief look at closing subscription figures, allotment status and listing dates. Source link
Coal India. Share Price 349.35 03:59 PM | 13 Nov 2023 17.56(5.28%) Eicher Motors. Share Price 3645.40 03:59 PM | 13 Nov 2023 66.10(1.84%) Hindalco Industries. Share Price 487.50 03:58 PM | 13 Nov 2023 5.06(1.04%) Mahindra & Mahindra. Share Price 1540.25 03:59 PM | 13 Nov 2023 14.00(0.91%) Bharat Petroleum Corporation. Share Price 387.10 … Read more
Two companies — Popular Vehicles and Services Ltd and Azad Engineering have filed their respective draft red herring prospectus with market regulator Sebi. Popular Vehicles and Services IPO comprises fresh equity issue of Rs 250 crore and an offer for sale up to 1.42 crore shares. Banyan Tree Growth Capital is the sole selling shareholder … Read more
The share allotment of Updater Services was likely finalised on Friday. 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. They can check the allotment … Read more
The SME segment is flooded with new public offers as companies look to take advantage of massive interest among investors. As many as three IPOs in the SME space opened for subscription today. Here’s a look at some of the key details Marco Cables & Conductors IPO Marco Cables and Conductors has come up with … Read more