The Rs.1,100 crore IPO of CMS Info Systems, consisting entirely of an offer for sale (OFS) if Rs.1,100 crore, was subscribed 1.95X overall at the close of bidding on 23 December. The basis of allotment will be finalized on 28 December. If you have ap

It was a tense weekend for the equity investors and depositors of RBL Bank as the CEO Vishwavir Ahuja proceeded on indefinite leave. There were no reasons given and Rajeev Ahuja was appointed as interim CEO in his place. What was more interesting

Read here about breakout stocks, its meaning and what are the breakout stocks for today. Breakout Stocks: What are the breakout stocks for today? A breakout is a phase where stock price moves outside a consolidation with increased volumes. Such

Just a week before the card tokenization norms were to take effect for all online card transactions, the RBI has decided to put off the implementation by 6 months. Now, instead of 01st January 2022, the new norms for card tokenization will be applica

India’s second largest sports footwear brand, Campus Shoes, will shortly file its draft red herring prospectus (DRHP) with SEBI for its proposed IPO. Campus Activewear plans to raise around Rs.1,800 crore and it will entirely be by way of an offer

Data Patterns (India) had a strong listing on 24th December and listed at a premium of 46.33. However, the stock could not hold on to the aggressive listing due to the weak sentiments in the market and gave up gains. The stock still closed well abov

In a continuation of the recent trend of consolidation in the Indian mutual fund segment, L&T Mutual Fund will be sold to HSBC Mutual Fund for a consideration of $425 million or approximately Rs.3,200 crore. In the last few years, severa

5paisa analysts bring the best intraday ideas, short-term ideas and long-term ideas for you. In the morning we provide best momentum stocks to buy today, while in the last trading hour we provide Buy Today Sell Tomorrow (BTST) and Sell Today Buy

On the side-lines of a FICCI conference, the SEBI chairman, Ajay Tyagi, underlined the need to protect the interests of small retail investors better in the case of new-age IPOs. Tyagi was obviously referring to the slew of digital IPOs that have hit

Medplus Health Services had a strong listing on 23rd December and listed at a premium of 30.65. However, the opening price became the low price for the day as the stock kept scaling higher through the day and closed pretty near to the high point of

The Rs.1,100 crore IPO of CMS Info Systems, consisting entirely of an offer for sale (OFS) of Rs.1,100 crore, saw tepid response on Day-1 and Day-2 of the IPO. As per the combined bid details put out by the BSE at the close of Day-3, CMS Info Systems

Bharat FIH, the Indian unit of Foxconn of Taiwan, has filed its draft red herring prospectus (DRHP) with SEBI for its proposed Rs.5,004 crore IPO. The IPO will comprise of a fresh issue of Rs.2,502 crore and an offer for sale of Rs.2,502 crore. The D