Latest Updates Around The World
Alphabet-backed Aye Finance has raised Rs 454 crore from major investors ahead of its IPO, which opens for public subscription on February 9, lending strong institutional backing to the NBFC, focused on micro-SME lending.The company informed the stock exchanges that it had allotted shares to investors at Rs 129 per share, the top end of […]
EAAA India Alternatives, an arm of Edelweiss Financial Services, has filed preliminary papers with market regulator Sebi to raise Rs 1,500 crore through an initial public offering (IPO).The proposed issue will be entirely an offer-for-sale (OFS) by Edelweiss Group, according to the draft red herring prospectus (DRHP) filed on Monday. As a result, the company […]
Adani Enterprises’ public issue of non-convertible debentures (NCDs) worth Rs 1,000 crore was fully subscribed within 45 minutes of opening, the company said on Tuesday. The base issue of Rs 500 crore was picked up in just 10 minutes, reflecting strong investor appetite for high-rated corporate bonds in early 2026.The Adani Group’s flagship company said […]
The Indian market was closed on Thursday for the Christmas holidays. On Wednesday, Dalal Street closed lower, with the Sensex and Nifty retreating amid thin pre-festive trading as foreign investors turned net sellers and a lack of new triggers kept risk appetite in check. Losses in oil and gas, pharmaceutical and IT stocks weighed on […]
KSH International has raised Rs 213 crore from major investors ahead of the opening of its IPO, indicating strong institutional interest in the magnet winding wire maker even before the public issue hits the market.In a filing with the stock exchanges on Monday, the company said it had allotted 55,46,874 shares to anchor investors at […]
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 […]
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 […]
Nuvama Wealth Management on Tuesday announced a 1:5 stock split and an interim dividend of Rs 70 per equity share for the financial year 2025-26. The company has set November 11 as the record date for the interim dividend, while it will announce the record date for the share split at a later date.The interim […]
“If we look at individual sectors-in particular, the most names of large caps now in fewer than 20 times FY27 income. These are the levels they had hit when the tariff uncertainty was at its peak, so incrementally disadvantage here seems limited for IT names,” says Nikhil Ranka, Nuvama Asset Management. Similar question, because yes, […]
