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22nd Jun 2023
Urban Enviro Waste Management IPO had a strong listing on 22nd June 2023, listing at a sharp premium of 41, but subsequently bounced and closed much above the listing price at the close of trading. This is despite the markets coming under pressure a
The Securities and Exchange Board of India (SEBI) has acted swiftly against a scheme involving the manipulation of stock prices. They have issued a temporary ban on 135 entities and fined them around ₹1.26 billion. These entities were found guilty
Life Insurance Corporation (LIC) has reduced its stake in state-run company NMDC by 2 between March 14, 2023, and June 20, 2023. As a result, NMDC shares saw a slight decline in early trade, with the stock quoting at ₹106 per share at 2:20 pm, dow
Cyient DLM Ltd is a subsidiary of Cyient Ltd, the Hyderabad based industry-centric technology solutions company. Cyient holds 92.84 if the capital of Cyient DLM Ltd while Amansa Investments of Singapore holds the balance 7.16. The promoters of Cyie
Delhivery, a logistics firm, experienced a 7 surge in its shares due to Carlyle Group's subsidiary, CA Swift Investments initiated a block trade to sell its stake in Delhivery for $86 million. The floor price for the transaction has been s
The ₹12.00 crore IPO of Vilin Bio Med Ltd consists entirely of a fresh issue of shares with no OFS component. The company has issued a total of 40 lakh shares at a fixed price of ₹30 per share aggregating to total issue size of ₹12.00 crore. Th
The ₹38.40 crore IPO of Aatmaj Healthcare Ltd comprises entirely of a fresh issue of shares. The total SME IPO of Aatmaj Healthcare Ltd entails the fresh issue of 64 lakh shares which at the fixed IPO price of ₹60 per share aggregates to ₹38.40
21st Jun 2023
In a groundbreaking move set to reshape global trading, the popular SGX Nifty is undergoing a significant transformation. Starting from June 30, the trading for SGX-Nifty will come to a halt at the Singapore Exchange, making way for the emergence of
In a significant development, Elon Musk, the CEO of Tesla, has confirmed that the company is poised to make a substantial investment in India. Musk made the announcement following a meeting with India's Prime Minister, Narendra Modi, during the
Foreign Institutional Investors (FIIs) Infuse $9 Billion, Propelling Sensex to Historic High The Indian stock market, popularly known as Dalal Street, has witnessed a remarkable influx of foreign institutional investors (FIIs) in the fiscal year 2
Ideaforge Technology was Incorporated in 2007 to engage in the business of manufacturing Unmanned Aircraft Systems (UAS). UAS or drones are used extensively from mapping to army operations to minerals prospecting and even for delivery of pizzas. Idea
The IPO of Vilin Bio Med Ltd closed on Wednesday, 21st June 2023. The IPO had opened for subscription on 16th June 2023. Let us look at the final subscription status of Vilin Bio Med Ltd at the close of subscription on 21st June 2023. A quick wor
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