Latest Updates Around The World
Channel checks at loan sales offices indicate that while overall credit growth is stabilizing, the composition of growth is changing, with secured retail and SME loans the main drivers.The most notable shift is in SME lending, where public sector banks have regained their dominance over the past six to nine months. Faster turnaround times of […]
Mumbai: India’s red-hot IPO market in 2025 was driven less by companies bringing in growth capital and more by existing shareholders using high valuations to cash out. Of the 103 motherboard listings that raised ₹1,75,901 crore, ₹1,11,495 crore, or 63.4% of the total proceeds, was sent to existing shareholders through the OFS route. In contrast, […]
ICICI Prudential AMC’s IPO has generated one of the strongest demand signals in India’s primary markets. The Rs 10,600 crore IPO attracted bids worth nearly Rs 3 lakh crore from 55 lakh applications, making it the fourth largest subscription amount in the history of Indian IPOs.In comparison, Tata Capital’s IPO had received around 23.6 lakh […]
Shares of Urban Company fell nearly 6% intraday on Monday, hitting the day’s low of Rs 121.40 on the NSE as the three-month anchor lock-in ended today. This means that, according to Nuvama’s estimates, 41 million shares, accounting for 3% of the total shares outstanding, are now available for trading.The price action took place amid […]
Three mutual funds emerged as the biggest buyers in Swiggy’s Rs 10,000 crore qualified institutional placement, holding more than a third of the total issuance. ICICI Prudential AMC, SBI Mutual Fund and Aditya Birla Sun Life Mutual Fund together picked up shares worth around Rs 3,700 crore during the QIP, according to allotment details.ICICI Prudential […]
Food and grocery delivery company Swiggy has raised Rs 10,000 crore in fresh capital through its qualified institutional placement (QIP), which closed on Friday, according to a filing with the stock exchanges.The Bengaluru-based company launched the QIP on Tuesday and allotted shares to leading domestic mutual funds and global investors at Rs 375 per share, […]
India’s primary market pipeline remains active in the third week of December, with four public issues with a combined value of around Rs 830 crore set to open next week, led by a motherboard offering from KSH International. In addition, investors’ focus will also continue to be on a busy listing calendar, with as many […]
ICICI Prudential AMC, the country’s largest active mutual fund manager, saw 53% subscription on the first day for its Rs 10,602 crore IPO. The issue led to bids for shares of Rs 1.85 crore against the offered shares of Rs 3.50 crore.The subscription window will remain open for three days and close on December 16. […]
London-based Prudential Corporation Holdings is poised to raise a whopping Rs 10,603 crore in the IPO of India’s largest active asset manager, posting a mind-boggling 108,170% return on shares bought 20 years ago at just Rs 2 each. ICICI Prudential Asset Management Company’s mega offering, which opened for public subscription on Friday, has created a […]
ICICI Prudential AMC, India’s largest active fund manager, is coming to public markets with a Rs 10,602 crore IPO, opening for bids today and closing on December 16. The public offer has a price band of Rs 2,061 to Rs 2,165 per share. While retail investors can apply normally, ICICI Bank shareholders enjoy an added […]
