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30th Oct 2021
In a high level meeting between the top officials of the IRCTC and the Railway Board, the Ministry of Railways decided to withdraw the decision to ask IRCTC to share 50 of the convenience fee charged from customers on online ticketing. The new rule
SJS Enterprises Ltd, a leading player in the decorative aesthetics industry, proposes to come out with an IPO of Rs.800 crore. The issue opens on 01-November and closes for subscription on 03-November. The entire issue will be an offer for sale so th
29th Oct 2021
The Rs.1,200 crore IPO of Fino Payments Bank, consisting of a fresh issue of Rs.300 crore and an offer for sale (OFS) of Rs.900 crore, saw a tepid response on Day-1. As per the combined bid details put out by the BSE, Fino Payments Bank IPO was subsc
The Rs.5,352 crore IPO of FSN E-Commerce Ventures (Nykaa), consisting of a fresh issue of Rs.630 crore and an offer for sale or OFS of Rs.4,722 crore, was already oversubscribed on Day-1 itself. As per the combined bid details put out by the BSE at t
Exide Industries Ltd - Q2 Results Exide Industries Ltd has posted a healthy 18.62 growth in total revenues for the Sep-21 second quarter of the fiscal at Rs.4,758 crore. Even if you look at revenues on a sequential basis, the revenues were higher
It may be recollected that last year when Reliance had come out with its Rs.53,124 crore rights issue, the allotment money was payable in three tranches over a period of 18 months. As a result, during this period, the Reliance stock had dual trading
Dr. Reddy's Laboratories - Q2 Results Dr. Reddy's Laboratories Ltd reported stellar numbers for the September 2021 quarter as its top line revenues grew by 17.7 at Rs.4,987 crore. Even on a quarter on quarter basis, the revenues were higher by
Paytm is perhaps one of the most popular digital brands in India, which is why Kontor Brandz had valued the Paytm brand alone at $6.3 billion. That is nearly 35 of the value of Paytm as implied in the IPO. Paytm offers payment services, commerce, cl
28th Oct 2021
The Rs.5,352 crore IPO of FSN E-Commerce Ventures (Nykaa), consisting of a fresh issue of Rs.630 crore and an offer for sale or OFS of Rs.4,722 crore, was oversubscribed on Day-1 itself. As per the combined bid details put out by the BSE, FSN E-Comme
The Sigachi Industries IPO Ltd opens on 01-November in the midst of an extremely busy season for primary markets. Sigachi Industries Ltd is a key player in the manufacture of Microcrystalline Cellulose (MCC), which is a widely used excipient use
Samvat 2077 has given investors multiple reasons to cheer. Both the benchmark indices – Sensex and Nifty surged over 50 each, gazing beyond the transitory pain arising from the pandemic. Broader markets, however, outperformed the benchmark indices
The IPO of SJS Enterprises opens on 01-November in the midst of a busy season for the primary markets. SJS Enterprises Ltd is a leading player in the Indian decorative aesthetics industry and largely provides aesthetic solutions to the automotive and
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