Digital payments platform One Mobikwik Systems Ltd has set the price band for its upcoming IPO at Rs 265-279 per share, with the public subscription scheduled from December 11 to 13. Anchor investors can bid starting December 10. The IPO size has been trimmed for the third time, now targeting Rs 572 crore, compared to […]
Mobikwik IPO Price Band Announced at Rs 265-279; Size Reduced to Rs 572 Crore Read More »
Vishal Mega Mart Ltd has announced the price band for its ₹8,000 crore initial public offering (IPO) at ₹74-78 per share. The IPO will open for subscription from December 11 to December 13, with anchor bidding starting on December 10. IPO Timeline and Allotment Details The entire IPO is an offer for sale by the
Vishal Mega Mart IPO Price Band Set at ₹74-78 per Share; Key Details You Need to Know Read More »
The National Highways Authority of India (NHAI), through its fully-owned Special Purpose Vehicle, DME Development Ltd (DMEDL), is set to issue green bonds worth ₹1,000 crore. This initiative aims to fund environmentally sustainable measures along the Delhi-Mumbai Expressway. The ₹500-crore bond issue with a green-shoe option for another ₹500 crore if oversubscribed is likely to
Negotiations between Manappuram Finance, India’s second-largest gold loan company, and Bain Capital, a leading private equity firm, have hit a roadblock due to differences over the deal’s terms. Sources indicate that the discussions, which began in early November, were aimed at Bain acquiring a controlling stake. However, disagreements have delayed the process. Key Issues in
Talks Between Bain Capital and Manappuram Finance Face Delays Over Terms of Agreement Read More »
Shares of Bondada Engineering climbed over 3% on December 5, following the announcement of a major ₹1,089 crore order from the Bihar Renewable Energy Development Agency. This project is part of the Mukhyamantri Gramin Solar Street Light Yojana and involves the design, supply, installation, testing, and commissioning of smart solar street light systems with remote
Bondada Engineering Stock Jumps 3% After Winning ₹1,089 Crore Solar Project in Bihar Read More »
Vishal Mega Mart, one of India’s largest diversified retailers, is set to launch its ₹8,000-crore Initial Public Offering (IPO) on December 11. The IPO bidding for anchor investors will commence a day earlier, on December 10, as stated in the company’s Red Herring Prospectus (RHP). The public issue will close on December 13. This IPO
Vishal Mega Mart’s ₹8,000-Crore IPO to Open on December 11: Key Highlights Read More »
PG Electroplast shares soared on December 5, climbing 6% to touch a record high of ₹820.75 after the company announced the launch of a Qualified Institutional Placement (QIP) worth up to ₹1,500 crore. The stock has gained significant momentum, rising 16% in the past week alone. At 9:57 am, shares were trading at ₹812.05 on
PG Electroplast Shares Hit All-Time High After Launch of ₹1,500 Crore QIP Read More »
HEG’s stock extended its rally, climbing over 6% on December 5 to reach a 6-year high of ₹619. This marked the third consecutive session of gains for the graphite electrode manufacturer, fueled by a major block deal worth ₹172 crore. During the transaction, 28.8 lakh shares, representing a 6% stake in the company, were traded
Brickwork Ratings has agreed to pay Rs 1.54 crore to settle allegations of violating SEBI’s Credit Rating Agencies (CRA) Regulations. The Securities and Exchange Board of India (SEBI) announced the settlement on December 4. SEBI inspected Brickwork Ratings covering December 1, 2019, to January 21, 2022. The inspection aimed to evaluate the agency’s compliance with
Brickwork Ratings Settles SEBI Allegations with Rs 1.54 Crore Payment Read More »
Shares of PB Fintech surged nearly 5 percent on December 4, reaching a 52-week high of Rs 2,018.85 after the company announced plans to incorporate a wholly owned subsidiary. This new entity will focus on healthcare services under proposed names such as ‘PB Healthcare’ or ‘PB Healthcare Services,’ subject to approval by the Ministry of
PB Fintech Shares Surge to 52-Week High on Subsidiary Approval for Healthcare Services Read More »
