Blockbuster Debut For Bajaj Housing Finance; Shares Jump Over 114% On Listing | Economy News

New Delhi: Shares of Bajaj Housing Finance Ltd made a solid market debut on Monday, listing with a huge premium of 114.28 per cent, against the issue price of Rs 70. The stock got listed at Rs 150 on both the BSE and NSE, reflecting a jump of 114.28 per cent from the issue price. […]

ABHISEK RAJPUT

September 16, 2024

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From Selling Roadside Snacks To Becoming Billionaire! This Son Of Construction Worker Had Polio In Childhood, But Now A Grocery King With Net Worth Of Rs… | Economy News

New Delhi: Physical prowess is not the source of strength, it rather originates from an unwavering will. Throughout history, several people have succeeded in realizing their dreams by overcoming all physical barriers. A person who exemplifies this is Lee Thiam Wah, who, with his indomitable courage and strong will, proved to the entire world that […]

ABHISEK RAJPUT

September 10, 2024

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IPO-Bound Swiggy Clocks Rs 2,350 Crore Net Loss In FY24 | Companies News

New Delhi: Zomato’s rival Swiggy, set for its initial public offering (IPO) posted Rs 2,350 crore in net loss in the last fiscal year (FY24).  The online food delivery platform, however, reduced the net loss by 44 per cent, from Rs 4,179 crore in FY23.  The company saw its revenue grow 36 per cent to […]

ABHISEK RAJPUT

September 5, 2024

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SEBI Study Reveals 54 Per Cent Of IPO Shares Sold by Investors Within a Week | Economy News

Mumbai: More than half of the investors in initial public offerings (IPOs) between April 2021 and December 2023 sold the shares within a week of listing, a study by the Securities and Exchange Board of India (SEBI) revealed on Monday. In light of the increasing participation of retail investors and the heightened oversubscription in recent […]

ABHISEK RAJPUT

September 2, 2024

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Indian Startups Raise Over $265 Million Funding In 16 Deals This Week | Economy News

New Delhi: The funding momentum for the startup ecosystem in the country continued with more than $265 million being raised via 16 deals this week. The biggest fund-raise came with omnichannel jewellery startup Bluestone securing $107.2 million in its pre-IPO round. In the fintech space, Aye Finance raised $25 million loan from Goldman Sachs (India) […]

ABHISEK RAJPUT

August 24, 2024

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Firstcry’s Parent Brainbees Solutions Shares Jump 40% In Debut Trade | Economy News

New Delhi: Shares of e-commerce platform FirstCry’s parent Brainbees Solutions Ltd on Tuesday listed with a premium of 40 per cent against the issue price of Rs 465. The stock made its debut at Rs 625, a jump of 34.40 per cent from the issue price on the BSE. Later, it surged 52 per cent […]

ABHISEK RAJPUT

August 13, 2024

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FirstCry IPO: Should Investors Subscribe? Here’s What Brokerages Are Saying | Economy News

New Delhi: The Rs 4,194 crore initial public offer of e-commerce platform FirstCry’s parent Brainbees Solutions that opened on Tuesday, saw 11 percent on the first day of bidding. The IPO, that closes for public subscription on August 8, received bids for 53,36,320 shares against 4,96,39,004 shares on offer on day 1, as per NSE […]

ABHISEK RAJPUT

August 7, 2024

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FirstCry’s Rs 4,194 Crore IPO Announced: Price Band Set At Rs 440-465 Per Share | Markets News

New Delhi: Online e-commerce platform FirstCry’s parent, Brainbees Solutions Ltd on Thursday fixed a price band of Rs 440-465 a share for its Rs 4,194 crore Initial Public Offering (IPO). The initial share sale will open for public subscription on August 6 and close on August 8 and the bidding for the anchor portion will […]

ABHISEK RAJPUT

August 1, 2024

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Ola Electric IPO Opens On August 2: Check Price Band And Other Subscription Details | Markets News

New Delhi: Homegrown EV firm Ola Electric is set to offer shares in the price band of Rs 72-76 in its initial public offering (IPO) worth Rs 5,500 crore that will open for subscription on August 2 and close on August 6.  Around 10 per cent of the IPO will be reserved for retail investors. […]

ABHISEK RAJPUT

July 29, 2024

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Emcure Pharmaceuticals Limited IPO: Should You Subscribe? Check What Brokerages Are Saying | Markets News

New Delhi: Bain Capital-backed Emcure Pharma launched its Initial Public Offering (IPO) on July 3.The initial share sale will conclude on July 5, according to the Red Herring Prospectus (RHP). At a price band of Rs 960 to Rs 1,008 per share, the IPO comprises fresh issuance of equity shares worth Rs 800 crore and […]

ABHISEK RAJPUT

July 3, 2024

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Banks Advising Hyundai On Its India IPO Set To Get $40 Million In Fees | Markets News

New Delhi: Investment banks advising Hyundai Motor’s Indian unit on its initial public offering (IPO) will get nearly USD 40 million as fees, making it the second-highest IPO-fee, as per media reports. A report in the Reuters news agency has said that Hyundai India “will pay banks, including JPMorgan, Citigroup and HSBC, 1.3% of the […]

ABHISEK RAJPUT

June 26, 2024

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Ola Electric, Emcure Pharma Get Sebi’s Nod To Float IPO | Companies News

New Delhi: Electric two-wheeler company Ola Electric and Bain Capital-backed Emcure Pharmaceuticals have received Sebi’s approval to raise funds through initial public offerings (IPOs), an update with the markets regulator showed on Thursday. The two companies, which filed their preliminary IPO papers with Sebi in December 2023, obtained observations on June 10, it added. In […]

ABHISEK RAJPUT

June 20, 2024

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