The FinTech Hub
Source: Live Mint The NSE SME-listed stock Blue Pebble Limited has provided impressive returns to its investors, becoming a multibagger just six months since its market debut. The stock, which debuted at an 18 per cent premium in April 2024, has soared 126 per cent as of today over its IPO price of ₹168. The…
Source: Live Mint Insomnia Media and Content Services Ltd, led by producer Juhi Mehta, has filed for an initial public offering (IPO) on the National Stock Exchange’s (NSE) Emerge platform, aiming for an enterprise valuation of ₹200 crore. The company plans to dilute 27% of its equity through a fresh issue of shares. The funds…
Source: Live Mint Mumbai: Shapoorji Pallonji Group company Afcons Infrastructure is looking to raise ₹5,400 crore through its initial public offering (IPO) after selling shares worth about ₹3,000 crore in a pre-IPO round, two people aware of the development told Mint. Afcons had previously planned to raise ₹7,000 crore through the IPO. However, owing to…
Source: Live Mint BD Security Limited (BDS), a prominent provider of security services and Telecom O&M, on Thursday, filed draft papers to raise funds via initial public offering (IPO). The company has submitted its Draft Red Herring Prospectus to NSE Emerge as part of the IPO process. BDS plans to issue 44,56,000 new equity shares,…
Source: Business Standard 4 min read Last Updated : Oct 16 2024 | 2:06 PM IST Eighteen of the top 30 initial public offerings ( IPOs) by size have failed to generate excess returns when compared to the returns from CNX500 index, which tracks the performance of the top 500 companies, according to a study…
Source: Live Mint Lakshya Powertech IPO: The initial public offering (IPO) of power generation firm Lakshya Powertech Limited opened in the Indian primary market on Wednesday, October 16. The IPO, available for subscription until Friday, October 18, has seen strong demand, with nearly 20 times oversubscription within the first two hours of its launch. The…
Source: Business Standard 3 min read Last Updated : Oct 15 2024 | 6:33 PM IST Hyundai Motor India garnered 18 per cent subscription on Tuesday, the opening day of the issue. The offering received bids for 17.81 million shares—three-fourths of which came from retail investors—as against 99.77 million on offer. A day earlier,…
Source: Live Mint Shiv Texchem share price listed with a strong 44% premium at ₹239 on the BSE SME on Tuesday. The subscription received by the IPO and the GMP had indicated towards a good listing gains The initial public offer of Shiv Texchem had received strong response being subscribed 156.55 times. By October 10,…
Source: Business Standard Hyundai (Photo: Shutterstock) 5 min read Last Updated : Oct 14 2024 | 12:34 PM IST Hyundai Motor India IPO: As the initial public offering (IPO) of Hyundai Motor India, well positioned to be India’s largest public offering, opens for anchor bidding on D-Street today, several brokerages—including KR Choksey, Anand Rathi Research,…
Source: Live Mint While the passenger vehicle market is currently facing headwinds, is Hyundai’s IPO a strategic gamble? With the beginning of the festivities, could the timing signal the beginning of a new growth chapter for the company, capitalizing on increased consumer sentiment and potential market rebound? As HMI prepares to gauge investor sentiment, a…
