The ₹1,025 crore IPO of SBFC Finance Ltd, consisted of a combination of fresh issue and offer for sale. The fresh issue was to the tune of ₹600 crore while the offer for sale (OFS) was worth ₹425 crore. The IPO pricing was done in the band of �

Yatharth Hospital and Trauma Care Services Ltd had a very moderate listing on 07th August 2023, listing at a small premium of just 2.03, but rallying sharply post listing. While the closing price on 07th August 2023 was still below the high price of

The NSE has announced a slew of changes to price bands for listed stocks. These changes to price bands will be effective from August 07, 2023. Price bands are set at different levels of 2, 5, 10, 20 etc to contain the volatility in the stock pric

TVS Supply Chain Solutions (TVS SCS), is part of TVS Mobility Group (part of the reputed TVS group of South India). TVS SCS is among the largest and fastest growing integrated supply chain solutions provider in India. Over the years, the company has

Balaji Speciality Chemicals Ltd, was incorporated in the year 2010 as a subsidiary of Balaji Amines Limited, which is already a listed company on the NSE and BSE. Balaji Speciality Chemicals Ltd manufactures methylamines, ethylamine, derivative

Indian automaker Mahindra & Mahindra has partnered with Singapore-based Temasek, a private equity firm, for its electric vehicle (EV) ambitions. Temasek will acquire up to 2.97 stake in Mahindra's EV subsidiary, Mahindra Electric Automobile Limi

India's retail investors are surging, with 3 million new demat accounts opened in July, up 50 from the previous year. Total demat accounts now stand at a record 123.5 million. Strong market performance, derivatives trading, and appealing IPOs are th

The anchor issue of SBFC Finance Ltd saw a robust response on 02nd August 2023 with 29.7 of the IPO size getting absorbed by the anchors. Out of the 17,98,24,561 shares on offer, the anchors picked up 5,34,07,893 shares accounting for 29.70 of the

The anchor issue of Concord Biotech Ltd saw a robust response on 03rd August 2023 with 30 of the IPO size getting absorbed by the anchors. Out of the 2,09,25,652 shares on offer, the anchors picked up 62,74,695 shares accounting for 30 of the total

The IPO of Oriana Power Ltd closed on Thursday, 03rd August 2023. The IPO had opened for subscription on 01st August 2023. Let us look at the final subscription status of Oriana Power Ltd at the close of subscription on 03rd August 2023. The price ba

The IPO of Vinsys IT Services Ltd closed on Thursday, 04th August 2023. The IPO had opened for subscription on 01st August 2023. Let us look at the final subscription status of Vinsys IT Services Ltd at the close of subscription on 04th August 2023.

Adani's Ambuja Cements acquired a controlling stake in Sanghi Industries for $729 million, boosting its growth and cement market presence. The move accelerates Ambuja's production goals and signals Adani Group's strategic expansion. Internal funds se