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…
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,…
TBO Tek had an impressive market debut today, with its share price soaring on both the NSE and BSE. On the NSE, TBO Tek shares opened at Rs1,426 each, marking a substantial 55% increase from the issue price of ₹920. Similarly, on the BSE, the opening price was ₹1,380 per share, representing a notable 50%…
Canara Bank’s performance for the March quarter met market expectations, with its net interest margin (NIM) showing a slight expansion despite a rise in the cost of funds. This was attributed to the bank’s strategic approach of gradually restructuring its exposure to older, low-yielding corporate assets. By either renewing these assets at current market rates…
