KRN Heat Exchanger IPO Price: ₹209 to ₹220 per shareIPO Dates: 25 September 2024 – 27 September 2024 Company Overview Established in 2017, KRN Heat Exchanger and Refrigeration Ltd is a leading manufacturer and exporter of fin and tube-type heat exchangers for the Heating, Ventilation, Air Conditioning, and Refrigeration (HVAC&R) industry. The company’s product line […]
Barclays Capital is set to assist the Hinduja Group in raising around Rs 4,300 crore (approximately $515 million) through high-yield rupee bonds, according to a report by Mint. This funding marks the second phase of Hinduja’s efforts to finance its acquisition of the bankrupt Reliance Capital. The deal, however, hinges on regulatory approvals from the
SpiceJet announced on Saturday that its board has approved the issuance and allotment of 48.7 crore equity shares to qualified institutional buyers at an issue price of Rs 61.60 per share. This price includes a premium of Rs 51.60 per share, with a slight discount of Rs 3.19 per share to the floor price, amounting
SpiceJet Approves QIP Allotment of 48.7 Crore Shares at Rs 61.60 Each Read More »
Manba Finance IPO Price: ₹114 to ₹120 per shareIPO Dates: 23 September 2024 – 25 September 2024 Company Overview Established in 1998, Manba Finance Limited is a Non-Banking Financial Company-Base Layer (NBFC-BL) that provides a diverse range of financial solutions. The company’s offerings cater to the purchase of new two-wheelers (2Ws), three-wheelers (3Ws), electric two-wheelers
Review of Manba Finance Limited IPO: Lot Size, Check Issue Date, Price Read More »
According to a report from The Wall Street Journal, Qualcomm is reportedly exploring a potential acquisition of Intel. Qualcomm, which recently made its foray into PC processors, has approached Intel about a takeover, though the deal is described as “far from certain” and would likely face significant regulatory challenges. Intel, once a dominant player in
Qualcomm Reportedly Eyeing Intel Acquisition Amidst Struggles at Intel Read More »
On September 20, Vanguard Group made significant investments in the Indian stock market, purchasing shares worth approximately Rs 1000 crore across seven listed companies through bulk deals. Simultaneously, UBS Principal Capital Asia Limited reduced its holdings in various companies on the same day. Key Transactions: Vanguard Group Inc A/C Vanguard Total International Stock Index Fund:
Vanguard Group Acquires Shares Worth Rs 1000 Crore in 7 Indian Companies Read More »
India is set to benefit from significant equity inflows of $1 billion due to the semiannual rebalancing of the FTSE All World and FTSE All Cap indices, which is scheduled for September 20. This adjustment, according to IIFL Alternative Research, will involve the inclusion of 13 new Indian stocks in the FTSE All-World Index. Prominent
Shares of ITD Cementation India jumped over 14 percent on September 20, following reports that the Adani Group is set to acquire a 46.64 percent stake held by the company’s promoter. The stock soared to Rs 539 on the NSE shortly after opening, while Adani Enterprises stock rose 0.35 percent to Rs 2,953.5. According to
ITD Cementation Surges 14% on Reports of Adani Group’s Promoter Stake Acquisition Read More »
Shares of IndoStar Capital Finance surged over 13 percent in early trade on September 20, following the sale of its subsidiary IndoStar Home Finance for Rs 1,750 crore. The buyer, Witkopeend BV, is an Amsterdam-based affiliate of the global private equity firm BPEA EQT Mid-Market Growth Partnership. At 9:37 am, IndoStar’s stock, part of Madhusudan
IndoStar Capital Finance Soars 13% After Selling Home Finance Unit for Rs 1,750 Crore Read More »
HDFC Bank, India’s largest private lender, is set to complete the sale of loans worth over Rs 9,000 crore ($1.08 billion) by the end of September, according to sources familiar with the matter. This marks the bank’s largest loan sale to date. The loan sale involves the issuance of pass-through certificates (PTCs) backed by a
HDFC Bank Set to Finalize Rs 9,000-Crore Loan Sale by End of September: Report Read More »
