Stock exchanges facilitate trading in listed shares and securities, including bonds and commodities. They enable companies to list their stock publicly, generating extra capital for their operations. Additionally, stock exchanges provide investors with a platform to trade, facilitating wealth creation. In India, the prominent stock exchanges are the NSE and BSE. What is NSE? Founded…
The Emcure Pharmaceuticals IPO has witnessed an overwhelming response from investors. On the third day of bidding, the IPO was oversubscribed with non-institutional investors leading the charge. As per the BSE data at 13:00 IST, the subscription status stood at an impressive 11.63 times. Non-institutional investors subscribed 31.67 times, retail investors booked their portion 5.36…
Zepto, a prominent player in the rapid grocery delivery market, has recently made headlines by raising an impressive $665 million in its latest funding round. This significant capital infusion comes as the company prepares for its initial public offering (IPO) next year, marking a pivotal moment in its growth trajectory. With this new round of…
The recent filing of the initial public offering (IPO) by Bajaj Housing Finance, a subsidiary of Bajaj Finance, has sent shockwaves through the financial markets. The proposed IPO, worth ₹7,000 crore, is expected to be a significant milestone in the company’s growth trajectory. In this article, we will explore the implications of this IPO on…
Le Travenues Technology Limited, the parent company behind the popular online travel agency Ixigo, is set to launch its Initial Public Offering (IPO) on Monday, June 10. This event marks a significant milestone for the company, offering investors an opportunity to participate in its growth. IPO Details Bidding Window:The IPO bidding will be open for…
Kronox Lab Sciences Limited launched its initial public offering (IPO) today. The public issuance of ₹130.15 crore will be open for bids till June 5th, 2024. The book build issuance has been completed and offered for sale (OFS), hence the IPO will have no immediate impact on the company’s balance sheet. Kronox Lab Sciences’ IPO…
Awfis Space IPO subscription status: According to BSE data, the initial public offering of co-working space provider Awfis Space Solutions received 108.17 subscriptions on the last day of bidding today (Monday, May 27) at 17:06 IST. According to BSE data released today, bids have been received for 93,34,33,605 of the 86,29,670 shares offered in the…
The Aadhar Housing Finance IPO, backed by Blackstone, commenced its subscription today, May 8, with closure slated for May 10. Priced between ₹300 to ₹315 per share, the IPO aims to raise capital for expansion and strategic initiatives. Notably, it garnered ₹898 crore from anchor investors on May 7, showcasing strong initial interest. Investors can…
The much-awaited Initial Public Offering (IPO) of Indegene Limited is poised to enter the Indian primary market on Monday, breaking a notable trend of no IPO launches in May during the past four Lok Sabha Election cycles. Typically, the period from April to June witnesses subdued activity in primary markets due to election-related uncertainties. However,…
As Bharti Hexacom Limited, the well-known proprietor of the “Airtel” brand, prepares for its highly anticipated initial public offering (IPO) listing on both the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE), today is an important day in the fast-paced world of stock markets. The company’s potential for growth and profitability in the telecom…
