The FinTech Hub
Source: Live Mint Ajax Engineering IPO listing: Ajax Engineering shares make a weak debut on Monday, February 17, listing at ₹576 on NSE, a discount of 8.43 percent versus its IPO price of ₹629. Meanwhile, on BSE, it listed at ₹593, down 5.7 percent from IPO price. Ajax Engineering s initial public offering (IPO), valued…
Source: Live Mint Top News SEBI has launched MITRA, a centralized platform to monitor and manage inactive MF folios Supervised by leading registrar and transfer agents, CAMS and KFin Tech, MITRA aims to enhance investor protection by identifying and addressing dormant folios. The platform helps track unclaimed dividends, unredeemed units, and other inactive investments, ensuring…
Source: Live Mint Upcoming IPO: BD Security Limited (BDS), a security services provider and Telecom O&M has received approval has received in-principle approval from the National Stock Exchange (NSE) for its draft red herring prospectus (DRHP) to launch an initial public offering (IPO). The company’s IPO consists of a fresh issue of up to 44,56,000…
Source: Live Mint Quality Power Electrical IPO: Maharashtra-based energy transition technology and electrical solutions provider Quality Power Electrical Equipments Limited is set to launch its initial public offering (IPO) with a price range of ₹401 to ₹425 per equity share. Stock market investors can apply for 26 equity shares and then apply for lots of…
Source: Live Mint Ajax Engineering IPO: The Rs1269.35 crore issue opens on 10 February’ 2025. From key dates to key risks, here are 10 things you should know before investing 1.Ajax Engineering IPO size The Ajax Engineering IPO is a ₹1,269.35 crore book-built offering. The entire issue consists of 2.02 crore shares being offered for…
Source: Live Mint Top News SEBI unveils framework for safer retail participation in algorithmic trading SEBI has introduced a regulatory framework for retail algorithmic trading through brokers, effective August 1, 2025. The framework requires brokers to oversee API-based algo trading, empanel algo providers, and ensure compliance with stock exchange norms. Brokers must review, approve, and…
Source: Live Mint Concrete equipment manufacturer Ajax Engineering, backed by Kedaara Capital, mobilised more than ₹379 crore from anchor investors days before its initial share-sale opening for public subscription. The anchor investors who have been allocated the shares are SBI Mutual Fund (MF), Axis MF, HSBC MF, Edelweiss MF, ITI MF, Amundi Funds New Silk…
Source: Live Mint Investors should avoid systematic investment plans (SIPs) in small cap and mid cap mutual funds right now and even consider redeeming their investments in such funds as valuations are ‘absurd’, S Naren, executive director and chief investment officer of ICICI Prudential Asset Management Company, said on 25 January at an event organised…
Source: Live Mint Ken Enterprises IPO: The initial public offering (IPO) of Ken Enterprises opened for subscription on Wednesday, February 5 and will close on Friday, February 7. The company, which aims to raise ₹83.65 crore through the SME IPO, has set a price of ₹94 per share. Ken Enterprises Day 1 Subscription Status Ken…
Source: Live Mint Top News SEBI Mandates Evaluations for Market Infrastructure Institutions to Ensure Transparency and Efficiency The Securities and Exchange Board of India has mandated external and internal evaluations for Market Infrastructure Institutions and their statutory committees. This move aims to enhance transparency, governance, and performance efficiency in financial markets. The evaluations will help…
