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31st Jul 2021
CarTrade, founded in 2009, is a platform for potential buyers and sellers to register and buy and sell used cars as well as new cars. The founder Vinay Sanghi, is a veteran of the secondary car market, having spent a long time with Mahindra First Cho
Exxaro is into the manufacture and marketing of vitrified tiles, which are extensively used as an alternative to marble flooring in homes and also in offices. They are easier to maintain. Exxaro is into the manufacture of double-charged vitrified til
Devyani International may not be known as a company but its brands are ragingly popular among Indian households, especially among the Indian youth, Devyani is the largest franchisee of Yum Brands in India and operates a massive chain of quick-service
Krsnaa runs a chain of diagnostic centres offering a wide array of diagnostic services including imaging, radiology, routine clinical laboratory tests, pathology analysis and tele radiology services. These services are offered on a B2B model and is o
30th Jul 2021
The Indian economy is gradually picking up as lockdown restrictions are easing across various states in India. Following the trend, the stock market is also performing well. On account of such positive signs, the IPO market is gaining traction. A lot
The Rs.731 crore Rolex Rings IPO, consisting of Rs.56 crore fresh issue and Rs.675 crore OFS, got a phenomenal response on Day-3. As per the combined bid details put out by the BSE, Rolex Rings IPO was subscribed 130.43X overall, with the bulk of the
Metals have been in the limelight for some time now. Most of the metal stocks have either doubled or tripled since January 2021 and that has been triggered by strong demand and pricing power for steel companies and aluminium. This offset the spike in
Windlas Biotech, a company engaged in formulations CDMO business, is tapping the primary market with an IPO. Windlas will raise Rs.402 crore through a mix of fresh issue and offer for sale. The IPO will open on 04 August and close for subscription on
29th Jul 2021
The Rs.731 crore IPO of Rolex, consisting of Rs.56 crore fresh issue and Rs.675 crore OFS, has gradually built on the response from retail investors on Day-1 and Day-2. As per the combined bid details put out by the BSE, Rolex Rings IPO was subscribe
Even before Tatva Chintan Pharmachem listed on the bourses, there was already a huge expectation built around the stock. Well ahead of listing, the GMP was hinting at listing premium of 90-100. That is exactly what it turned out to be. After a pheno
The good news for Indian aviation is that no less a person than Rakesh Jhunjhunwala is bullish on the sector. Known for his shrewd long-term bets on stocks like Titan, Rallis and Lupin; Rakesh Jhunjhunwala plans to put aviation industry in India in a
The Rs.1,514 crore IPO of Glenmark Life Sciences, comprised of Rs.1,060 crore of fresh issue and Rs.454 crore OFS. The IPO was priced in the band of Rs.695-720 and the 3 day IPO closed for subscription on 29 July 2021, Thursday. The IPO had already b
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