Stock exchanges are pivotal in facilitating the trading of listed shares and securities such as bonds and commodities. They provide a platform for companies to list their stock publicly, enabling them to generate additional capital for their operations. Investors benefit from this platform by engaging in trading, which can lead to wealth creation. In India,…
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…
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…
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…
SIP mutual fund? To increase returns, mutual funds aggregate the capital of several participants and use it to purchase a variety of securities, including gold, bonds, stocks, and other assets. Professional fund managers oversee these. You can start investing methodically by using mutual funds through systematic investments. It enables investors to put a set amount…
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…
On Wednesday, May 22, Bharat Heavy Electricals (BHEL) shares plummeted nearly 8% in early trading on the BSE, following the release of their Q4 financial results. The stock opened at ₹305, down from its previous close of ₹319.20, and swiftly declined by 7.6%, reaching ₹295. However, it soon recovered some losses and was trading 4.61%…
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…
