The 10-year-old benchmark bond return in India was fixed on Monday because the sales pressure after the revised loan plan of the government was compensated by quarterly purchases and caution prior to the monetary policy decision of the Central Bank. The proceeds on the 10-year-old benchmarknoot was at 6,5264% from 10:10 am ist. It ended […]
The RS 839.28 crore from Tralt Bio-Energy was completely subscribed to the third and last day of bidding. By 10:25 am, investors had submitted bids for 2.12,42,730 shares compared to 1.23.55,424 shares that were offered, which resulted in an oversubsubsintie of 1.34 times. The issue also attracted considerable interest in the non -listed market, with […]
SOLVEX EDIBLES, a manufacturer and distributor of rice sealing oil and associated by -products, closed his RS 19 Crore IPO on 26 September. The shares of the company are mentioned today. The IPO has a Tepid Investor Response with the Gray Market Premium (GMP) retained by 0%, suggesting that the excitement with a limited list […]
Tata Capital, the Financial Services Arm of the Tata Group, has announced the price band for its upcoming RS 15,511 Crore Initial Public Offer (IPO). The price is set between RS 310 and RS 326 per equity of the nominal value RS 10 each. The IPO marks an important milestone for the company and is […]
Mumbai: There is now only one day left for the deadline to expire on what one of the most consistent regulatory interventions in the company history of India could be the position of the Indian Central Bank that Tata Sons, the holding company of the largest and most legendary business group of India, would have […]
Kolkata: Microfinance company remained a major resistance to the performance of small financial banks, in particular ESAF, Suryoday and Utkarsh, with about one fifth of their microloan books under stress, even if new loans were paid this year, a better repayment record. This could weigh on the profitability of banks, in particular ESAF and Utkarsh […]
Two Indian manufacturers, Laser Power & Infra LTD (LPIL) and Indo MIM LTD, have submitted Concept Red Herring Prospectuses (DRHPs) to the Markets Regulator Securities and Exchange Board of India (Sebi), which formed the scene for initial public offers (IPOs) that would together be more) that would together be possible) that would together be more) […]
The Indian market fell for the sixth consecutive session on Friday, with the SENSEX and Nifty posted their steepest weekly decrease in almost seven months, while American curbs on H-1B-VISA and rates on the muffled sentiment of brand drugs. The S&P BSE SENSEX fell 733.22 points, or 0.90%, to close to 80,426.46, while the NSE […]
In the midst of increased trade tensions and market volatility, Emkay Global has identified a link of value and quality shares that it thinks could perform in the coming months. Birlasoft, Indusind Bank, Gujarat State Petronet and Oil India are among the best value bets based on their attractive valuations, improving profit growth, higher dividend […]
Fintech company Paynearby plant a first public offer (IPO) in the following financial year to stimulate the next growth phase. “We have started the IPO process and conversations with three trading bankers. We will soon select a trade banking to continue with the process,” Paynearby founder, MD and CEO Anand Kumar Bajaj told PTI. As […]