After strong subscription response on the first two days, Standard Glass Lining Technology IPO will close for subscription today. The Rs 1,250 crore issue is a mix of fresh equity issue of up to Rs 210 crore and an offer of sale of up to 1.42 crore shares. Overall, the IPO received robust demand with … Read more
Capital Infra Trust, an infrastructure investment trust sponsored by Gawar Construction Ltd, on Friday said it has fixed a price band of Rs 99-100 per unit for its Rs 1,578-crore initial public offering (IPO). The IPO that opens for public subscription on January 7, will conclude on January 9, the company said in a statement. … Read more
The Indian market closed flat on Tuesday with a negative bias. The BSE Sensex fell 83 points while the Nifty50 managed to close above 23,700 levels. Source link
The initial public offering (IPO) of Sai Life Sciences will open for subscription on Wednesday, December 11, and close on Friday, December 13. Through this public offer, the company plans to raise nearly Rs 3,042 crore. Here are 10 things to know about the Sai Life Sciences IPO before subscribing to the issue. 1) What … Read more
The share allotment of Zinka Logistics IPO is likely to be finalised later today. Investors will get shares on a lottery basis and the whole process was 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 … Read more
NPS Vatsalya vs mutual funds: The NPS Vatsalya scheme was floated earlier this week, which is one-of-a-kind scheme where parents can start saving for their minor children much before they enter into their adult life. The NPS Vatsalya is a long-term pension scheme proposed during the full Union Budget 2024, following the third-term victory of the … Read more
Finance Minister Nirmala Sitharaman will formerly float the NPS Vatsalya scheme on September 18, 2024, almost two months after announcing it in the Union Budget 2024. The scheme, which is an extension of the existing National Pension Scheme, is focused on children and the investment made in this account will be to ensure long-term wealth. … Read more
The initial public offering (IPO) of Northern Arc Capital, which opened for subscription earlier on Monday, was subscribed 2.87 times on the first day, attracting the strongest demand from retail investors. Retail investors had subscribed to the issue 3.87 times followed by non-institutional investors who booked it 4.48 times. Meanwhile, the qualified institutional buyers (QIBs) … Read more
Bengaluru-based Zinka Logistics Solutions, the country’s leading platform for truck operators, has filed its draft red herring prospectus (DRHP) with market regulator Sebi to raise funds through an IPO. The IPO is a mix of fresh issuance of Rs 550 crore and an offer for sale (OFS) of up to 2.16 crore equity shares by … Read more
The SME IPO of Medicamen Organics opened for subscription on Friday and will close on June 24. The company aims to raise about Rs 10.54 crore through the SME IPO and list the shares on BSE SME platform. Here are 10 key things investors need to know about the public offer before subscribing to the … Read more