The FinTech Hub
Source: Live Mint Sai Life Sciences Limited’s initial public offering (IPO), through a book-built issue, offers a combination of a fresh issue of equity shares amounting to ₹950 crore and an offer-for-sale (OFS) component of up to 3.81 crore equity shares. The ₹3,043 crore IPO opened for public subscription on Wednesday, December 11 and will…
Source: Live Mint Online brokerage platform Zerodha’s co-founder and Chief Executive Officer, Nithin Kamath, cautioned investors via a social media post on platform X on Saturday, December 7, about the most certain way to lose money in the markets. The post highlighted two recent scams in which the Securities and Exchanges Board of India (SEBI)…
Source: Live Mint Healthcare services provider Suraksha Diagnostic Limited’s initial public offering (IPO) has so far received a muted response. Opened for public subscription on November 29, the IPO was subscribed 25 per cent on the second day of bidding as investors bid for 34,00,068 shares, compared to the 1,34,32,533 shares on offer. The public…
Source: Live Mint The FMCG sector has been one of the poorest performers over the past 18 months. The return of Nifty FMCG, Nifty50, and Nifty500 indexes in the last 1 year is 10%, 20%, and 27%, respectively. This indicates that the FMCG sector underperformed the broader Nifty500 market by 63%.The sector’s performance worsened in…
Source: Live Mint India’s primary market is poised to witness significant market activity related to the listing of the much-awaited initial public offering (IPO) of NTPC Green Energy, Enviro Infra Engineers and two other small and medium enterprises (SME) public issues. Along with this, there will be six other SME IPOs opening this week starting…
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 NTPC Green Energy Limited is considering seeking a valuation of nearly $12 billion for its upcoming initial public offerings (IPO), potentially making it one of the biggest IPOs in the renewable energy industry, news agency Bloomberg reported on Tuesday, November 12, citing people aware of the development. NTPC Green Energy Ltd is…
Source: Live Mint Swiggy Limited, the online food delivery and quick commerce firm, on Tuesday said it has raised around ₹5,085 crore from investors in its anchor round, ahead of the company’s proposed initial public offering (IPO), according to the company’s exchange filing. As per the exchange filing, the company has allocated 13,03,85,211 or 13.03…
Source: Live Mint ACME Solar Holdings Limited’s initial public offering (IPO) is set to open for public subscription on Wednesday, November 6, and close on Friday, November 8. The renewable energy producer set the price band for the IPO at the range of ₹275 to ₹289 per equity share with a face value of ₹2…
Source: Live Mint Hyundai Motor Co’s Indian subsidiary, Hyundai Motor India, is in talks with more than 100 top global and domestic investors to take part in the anchor book round of its public issue, Moneycontrol reported on Wednesday, quoting people aware of the development. Anchor investors such as GIC, Capital Group arms, Fidelity Group…
