Capital markets regulator Sebi has asked the exchange BSE to not proceed with Trafiksol ITS Technologies listing amid serious concerns over misuse of the net proceeds received from the IPO. Sebi said it received complaints from various entities regarding a purchase of a software from a third party vendor, which on prima facie appears to … Read more
Shares of Stanley Lifestyles had a strong debut on Dalal Street on Friday, listing at Rs 499 per share on the Bombay Stock Exchange, marking a 35.23% premium over its issue price of Rs 369. On the National Stock Exchange, the stock was listed at Rs 494.95, reflecting a 34.13% premium. Despite the strong listing, … Read more
Kronox Lab Sciences witnessed a decent listing at the bourses on Monday with a 21% premium over the issue price. Even though it is a positive start, the debut fell short of pre-listing expectations, fuelled by the initially high grey market premium (GMP) that had declined steadily in the days leading up to the listing. … Read more
Rishi Anand, MD & CEO, Aadhar Housing Finance, says the timing of the election, as their bankers have suggested, does not matter too much. So, they have gone ahead with the listing. In the entire context of getting Sebi approval for IPO in 2022 and not going ahead with it and then coming back with … Read more
After a healthy response to the IPO, the shares of Aadhar Housing Finance listed on the exchanges today at Rs 314.3, a marginal discount of 0.22%, on BSE. Ahead of the listing, the company’s traded with a premium of Rs 50 in the unlisted market The company boasts of highest assets under management (AUM) within … Read more
The shares of Indegene will list on the exchanges on Monday and the unlisted market trends indicate robust listing gains for allotted investors. The company’s shares are trading with a GMP of Rs 290 in the grey market, and considering the upper price band of Rs 490, the stock is expected to list with a … Read more
The shares of Deem Roll Tech debuted with a premium of 55% on the NSE SME platform on Tuesday. The stock listed at Rs 200 as against an offer price of Rs 129. Ahead of the listing, the company’s stock traded with a premium of Rs 88 in the unlisted market. The IPO, which is … Read more
N. Chandrababu Naidu. File | Photo Credit: PTI Justice P. Venkata Jyothirmai of the Andhra Pradesh High Court (HC) directed the registrar (judicial) to refer former CM N. Chandrababu Naidu’s bail petition in the skill development scam case to Chief Justice Dhiraj Singh Thakur for posting it before an appropriate Bench on October 30. The … Read more
As the world is witnessing a slow turnaround towards the stabilisation of the global economy in the post covid era, the Indian economy has hit a sweet spot with the BSE SME IPO index delivering the highest-ever return in 2022. Several fund-raising options are emerging in India, and the local companies gearing up to raise … Read more
(This story originally appeared in on Jul 29, 2022) Mumbai: Furniture retailer Pepperfry has begun to overhaul its business structure as it plans to debut on India’s stock exchanges. To start with, the founders Ambareesh Murty and Ashish Shah have redomiciled Pepperfry from Cayman Islands to Mumbai. They had registered Pepperfry in Cayman Islands as … Read more