Latest Updates Around The World
Pharmaceutical company Corona Remedies, which is backed by private equity firm ChrysCapital, on Wednesday set a price range of Rs 1,008-1,062 per share for its upcoming initial public offering (IPO), valuing the company at nearly Rs 6,500 crore. The initial public offer of Rs 655.37 crore, which is entirely an Offer For Sale (OFS) by […]
Precision engineering company Aequs Limited on Tuesday raised Rs 414 crore from 33 anchor investors ahead of its initial public offering (IPO), which opens for bids on Wednesday, December 3. The company has allotted nearly 3.34 crore shares at the highest price band of Rs 124 per share to major investors including Blackrock and Mukul […]
Securities and Exchange Board of India (Sebi) has given the go-ahead to ICICI Prudential Asset Management Company, Powerica, Annu Projects and Technocraft Ventures to launch their initial public offering (IPO).While ICICI Prudential AMC and Powerica received Sebi sightings on November 26 (Wednesday), Annu and Technocraft received them on November 17 and 25 respectively. In stock […]
Gold prices are poised to remain firm and could move closer to record highs next week as investors await key U.S. data, Fed Chairman Jerome Powell’s speech and the Reserve Bank of India’s policy decision, analysts said. “Gold is moving out of the consolidation range as investors focus on manufacturing and services PMI data from […]
The initial public offering (IPO) of precision components manufacturer Aequs Limited opens for bids on Wednesday, December 3 and closes on Friday, December 5. Anchor bids open on Tuesday, December The company plans to raise Rs 670 crore through the issuance of new shares. The issue also includes an offer for sale (OFS) component comprising […]
The Indian healthcare and pharmaceutical landscape is heading for a marked performance divergence, says Amey Chalke, Pharma Research Analyst at JM Financial. In an interview with ET Now, Chalke said the sector is witnessing strong traction in hospitals and CDMOs, while large generic pharma companies may face earnings pressure from FY27 onwards. Tariff concerns are […]
Mumbai: Asian Paints, one of the most ignored stocks in recent years, seems to be back in favor among investors. The stock rose 3.8% to close at ₹2,874.3 on Thursday, extending gains in the past two trading sessions to over 8%, boosted by the sudden departure of rival Birla Opus’ CEO and strong performance in […]
Capillary Technologies India has raised Rs 394 crore from a group of anchor investors ahead of its initial public offering (IPO), which opens for subscription on Friday, November 14. Ravi Dharamshi-backed Valuequest, French asset management firm Amundi and HSBC are some of the major investors who have received the allocations.The software product company allotted 68.28 […]
The Tenneco Clean Air India IPO has arrived with something the market has been asking for all year: reasonable pricing for a profitable, large-scale auto components business. The size of the offer is Rs 3,600 crore, entirely an offer for sale, in a price range of Rs 378-397 per share, with a proposed listing on […]
Capillary Technologies India, whose initial public offering (IPO) will open for bids on Friday, November 14, has set the price range of Rs 549 – Rs 577 per equity share. The IPO is a combination of a fresh issue of shares worth Rs 345 crore and an offer for sale (OFS) under which selling shareholders […]
