The FinTech Hub
Source: Live Mint Enviro Infra Engineers Limited has raised ₹194.6 crore from investors in its anchor round ahead of the public issue, according to the company’s BSE filing on Thursday, November 21. According to the exchange filing, the company has allocated 1,31,54,400 or 1.31 crore equity shares to the anchor investors at an allocation price…
Source: Live Mint Equities, the dollar and Bitcoin all advanced in afternoon trading after a volatile morning for the stock market. Big tech advanced with the Nasdaq 100 climbing 0.3% after dropping more than 1% earlier in the session. Traders were rattled as the fierce rally in Nvidia Corp. hit a speed bump following outlook that missed…
Source: Live Mint Saudi Arabian Oil Co. plans to take on more debt and will focus on “value and growth” for its dividend, the company’s finance chief said. “You’ll see us do a couple of things. One is, just take on more debt compared to use of equity,” Chief Financial Officer Ziad Al-Murshed said in…
Source: Live Mint Oil climbed more than 1% on Thursday after Russia and Ukraine launched missiles at each other, overshadowing the impact of a bigger-than-expected increase in U.S. crude inventories. Ukraine fired British cruise missiles into Russia on Wednesday, the latest Western weapon it has been permitted to use in such a way, a day…
Source: Live Mint NTPC Green Energy IPO subscribed 93% on day 2 of issue, retail investors bid highest. On Day 2, retail investors subscribed to the issue 2.38 times the shares offered. The qualified institutional buyers (QIBs) followed the retail investors, coming at 75% of the shares available. The Non-Institutional Investors (NIIs) portion was booked…
Source: Live Mint Zinka Logistics IPO: Early investors in Zinka Logistics stand to make multibagger returns of up to 1,370 per cent as the shares of the recently concluded public offer are set to list on the bourses tomorrow (Friday). Zinka Logistics’ initial public offer (IPO), which was open for subscription from 13 November to…
Source: Live Mint Multibagger stock: A Jindal Group stock has delivered substantial gains over the past decade, multiplying investors’ wealth several times. Shares of Jindal Worldwide surged to ₹315.40 on November 21, 2024, from its decade-low level of ₹6.10 on August 28, 2013, registering a gain of 5,071 per cent in a little over 11…
Source: Live Mint Protean eGov Technologies OFS: NSE Investments is set to divest up to 20.3 per cent of its stake in Protean eGov Technologies, through an offer for sale (OFS). According to an announcement by the National Stock Exchange (NSE)’s unit on Thursday, November 21, the Mumbai-based e-governance solutions provider’s share sale has set…
Source: Live Mint Belrise Industries Limited has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) on Tuesday, November 19. The company aims to raise ₹2,150 crore through a book-built initial public offering (IPO), which comprises a fresh issue of equity shares with a face value of ₹5…
Source: Live Mint IPO Update: Kolkata-based Crizac has refiled papers with market regulator Securities and Exchange Board of India (SEBI) for an initial public offering (IPO). The IPO, which has a face value of ₹2 per equity share, is entirely an offer for sale amounting to up to ₹1,000 crore by the selling shareholders who…
