The Securities and Exchange Board of India (Sebi) has issued show-cause notices to Vijay Shekhar Sharma, the founder of One 97 Communications Ltd (Paytm’s parent company), and several board members who were part of the company during its initial public offering (IPO) in November 2021. The notices are related to allegations of misrepresentation of facts […]
Ashoka Buildcon’s share price surged over 3% in early trading on August 26, 2024, after the company was awarded a project worth ₹478 crore by the Mumbai Metropolitan Region Development Authority (MMRDA). On the Bombay Stock Exchange (BSE), the stock was trading at ₹ 239.85 at 09:21 AM, with an increase of ₹ 7.45 or
Ashoka Buildcon Shares Rise 3% After Securing ₹478 Crore Project from MMRDA Read More »
KEC International’s share price climbed 5% in early trading on August 26, 2024, following the company’s announcement of winning new orders worth ₹1,079 crore in its Transmission & Distribution (T&D) and cables businesses. By 09:17 AM, the company’s stock was trading at ₹885.70 on the Bombay Stock Exchange (BSE), reflecting a gain of ₹45.70 or
KEC International Shares Surge 5% After Securing Orders Worth ₹1,079 Crore Read More »
On August 26, 2024, shares in AU Small Finance Bank changed hands to the tune of ₹804 crore on the exchanges. There were approximately 1.30 crore shares, comprising some 1.7% of the bank’s stake, which were transacted at the floor price of ₹630 per share. Strong investor interest was witnessed for this deal, as AU
AU Small Finance Bank Shares Worth ₹804 Crore Traded in Block Deal Read More »
Kolkata-based Baazar Style Retail Ltd has established a price band of ₹370-₹389 per share for its upcoming Initial Public Offering (IPO), which is set to open on August 30, 2024. The anchor bidding for the IPO will begin on August 29, with the public issue closing on September 3. The ₹148 crore IPO consists of
Baazar Style Retail Sets IPO Price Band at ₹370-₹389 per Share Read More »
Baazar Style Retail, supported by prominent investor Rekha Rakesh Jhunjhunwala, has officially filed its Red Herring Prospectus (RHP) with SEBI, signaling the upcoming launch of its Initial Public Offering (IPO). The company is expected to announce the IPO price band on August 27, 2024. The IPO consists of a fresh issuance of equity shares worth
Rekha Jhunjhunwala-backed Style Baazar Retail Files RHP; IPO Set to Launch on August 30 Read More »
The Reserve Bank of India (RBI) has released the schedule for the premature redemption of 30 Sovereign Gold Bonds (SGBs) that were issued between May 2017 and May 2020. The redemption process will start on October 11, 2024, with subsequent dates scheduled up to February 7, 2025. The redemption price will be determined based on
Carraro India, a leading manufacturer of axles and transmission systems for agricultural tractors and construction vehicles, has filed draft papers with SEBI to raise Rs 1,811.65 crore through an Initial Public Offering (IPO). The filing was made on August 23. The IPO would be an offer-for-sale fully by Carraro International S E, the Italian promoter
Carraro India, Owned by Italy’s Carraro Group, Files for Rs 1,812 Crore IPO Read More »
Hero Motors, the flagship company in the auto-components segment of the HMC Group, has lodged draft documents with SEBI to raise Rs 900 crore through the IPO route. The IPO would offer a fresh issue of equity shares worth Rs 500 crore and an Offer-for-Sale of up to Rs 400 crore by current promoters. Of
Hero Motors Files Draft Papers for Rs 900 Crore IPO Backed by South Asia Growth Invest Read More »
Bharat Electronics Ltd. and Trent Ltd. will be the latest additions to the Nifty 50 index, replacing Divis Laboratories and LTIMindtree, effective from September 30, 2024. This change, part of the NSE’s semi-annual review, also affects the Nifty50 Equal Weight index. Only stocks listed in NSE’s Futures & Options segment qualify for Nifty 50 inclusion.
Bharat Electronics and Trent to Join Nifty 50; Divis Labs and LTIMindtree Exit Read More »
