Unimech Aerospace IPO Allotment Date, Time: The subscription window for the Rs 500 crore public issue of Unimech Aerospace and Manufacturing has ended, with the IPO witnessing a massive interest. As per the latest NSE data, the public issue has received 174.88X bids. As against 47,04,028 shares on offer, the Rs 500 crore IPO of Unimech Aerospace and Manufacturing…
DAM Capital Advisors, one of India’s leading investment banks, captured a substantial 12.1% market share in Fiscal 2024, measured by the number of IPOs and QIPs it managed as a book-running lead manager. The company launched its Initial Public Offering (IPO) on December 19, 2024, with the bidding period concluding today, December 23, 2024. IPO…
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…
Bonds are fundamental financial instruments used by governments, municipalities, and corporations to raise capital. These entities issue bonds to investors to secure the funds needed for various projects, operations, or financial needs. Essentially, bonds represent a form of debt where the issuer borrows money from investors, promising to repay the principal amount at a future…
Penny stocks, with their alluring promise of large rewards, frequently entice investors into the unpredictable world of the stock market’s riskiest sector. However, before taking the leap, it is critical to understand penny stocks and recognize their possible risks. What are Penny Stocks? Penny stocks are shares of small companies that trade at low rates,…
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…
1. Basic of Stock Market Before diving into trading, it’s crucial to grasp the foundational concepts: 2. Start with Education The first step is to educate yourself. There are numerous resources available: 3. Follow the Market To get a feel of how the market operates, start following it daily: 4. Open a Demat and Trading…
Rail Vikas Nigam Ltd (RVNL) experienced a significant surge in its share price, climbing over 15% during intraday trading on Tuesday. This remarkable increase propelled the RVNL share price to a new all-time high of ₹345.90 on the NSE. Over the past year, RVNL shares have delivered impressive multibagger returns, soaring by more than 190%,…
When starting any partnership, a legal agreement is crucial. For a broking house and a sub-broker, a sub-broker agreement is especially important. But what exactly is a sub-broker agreement, and what clauses does it typically include? Let’s explore this in detail. What is a Sub-broker Agreement? A sub-broker agreement is a legal contract that outlines…
Financial inclusion is more than just a buzzword; it’s a vital aspect of economic development and social equity. But what exactly does it mean? In simple terms, financial inclusion refers to ensuring that individuals and businesses have access to useful and affordable financial products and services that meet their needs – transactions, payments, savings, credit,…
