Vraj Iron and Steel IPO Price: ₹195 to ₹207 per shareIPO Date Range: 26 June 2024 - 28 June 2024 Company Overview Founded in June 2004, Vraj Iron and Steel Limited specializes in manufacturing Sponge Iron, M.S. Billets, and TMT bars under the brand Vraj. Operating from two expansive manufacturing facilities spanning 52.93 acres in […]
Allied Blenders IPO Price: ₹267 to ₹281 per shareIPO Date Range: 25 June 2024 - 27 June 2024 Company Overview Founded in 2008, Allied Blenders and Distillers Limited is a leading Indian-made foreign liquor company renowned for its extensive range of spirits. Specializing in whisky, brandy, rum, and vodka, the company is recognized globally for […]
Stanley Lifestyles IPO Price: ₹351 to ₹369 per shareIPO Date Range: 21 June 2024 - 25 June 2024 Company Overview Founded in 2007, Stanley Lifestyles Limited has established itself as a leading manufacturer of super-premium and luxury furniture under its brand "Stanley". The company is renowned for its diverse product portfolio catering to upscale markets. […]
Aasaan Loans IPO Price: ₹114 to ₹120 per shareIPO Date Range: 19 June 2024 - 21 June 2024 Company Overview Incorporated in 1996, Akme Fintrade India Ltd, also known as Aasaan Loans, is a non-banking financial company (NBFC) with over 20 years of experience. Registered with the Reserve Bank of India as a non-systemically important […]
DEE Piping Systems IPO Price: ₹193 to ₹203 per shareIPO Date Range: 19 June 2024 - 21 June 2024 Business Overview Founded in 1988, DEE Development Engineers Limited specializes in process piping solutions for industries such as oil and gas, power (including nuclear), chemicals, and other sectors. The company is globally recognized for its technical […]
Ixigo IPO Price: ₹88 to ₹93 per shareIPO Date Range: 10 June 2024 - 12 June 2024 Foundation & Business Essence Established in 2006, Le Travenues Technology Limited is a pioneering online travel agency (OTA). Operating under the brand name "ixigo," it empowers travellers to effortlessly reserve train, flight, and bus tickets, along with accommodations, […]
Date: 31 May 2024 Stock Market Highlights The stock market today saw significant market volatility as investors braced for the upcoming GDP data release later today, alongside anticipation surrounding the 'Exit Poll' for the Lok Sabha general election scheduled for June 1. Top Gainers of Nifty 50 Stock CMP (₹) Change Gain (%) 52 Weeks […]
Foreign direct equity investments in India hit a five-year low in the financial year ending March 31, 2024 (FY24), totalling $44.42 billion. This decline is attributed to external factors such as high interest rates in advanced economies and a limited absorptive capacity in various sectors in India. According to data released by the Department for […]
NSE Indices Limited, a subsidiary of the National Stock Exchange (NSE), has unveiled the country's first thematic index dedicated to the electric vehicle (EV) sector – the Nifty EV & New Age Automotive index. This groundbreaking initiative aims to track the performance of companies that are integral to the EV ecosystem or involved in developing […]
The Reserve Bank of India (RBI) has imposed significant business restrictions on ECL Finance and Edelweiss Asset Reconstruction Company Limited (EARCL), both part of the Edelweiss Group, citing "material supervisory concerns." These concerns are primarily related to governance and compliance issues that the RBI uncovered during its recent supervisory assessments. The restrictions prohibit these entities […]
