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Source: Live Mint “The last car we had was a chocolate brown Skoda Superb that he got second-hand,” said Neil Parikh, son of Parag Parikh and now the chief executive of PPFAS MF. “His thought process was that once you buy a brand new car it depreciates 30% in value the moment you drive out…
Source: Business Standard 3 min read Last Updated : Sep 23 2024 | 10:25 AM IST IPOs next week: It was a blockbuster for investors, with D-Street witnessing the triumphant market debut of Bajaj Housing Finance, and three other mainline IPOs – PN Gadgil Jewellers, Kross, and Tolins Tyres – on the BSE and…
Source: Live Mint HDB Financial Services, a subsidiary of India’s biggest private lender, HDFC Bank, received the board’s nod for an initial public offering (IPO) of equity shares on Friday. The IPO will comprise a fresh issue of shares worth ₹2,500 crore and an offer for sale (OFS) by existing shareholders, HDFC Bank informed in…
Source: Business Standard 1 min read Last Updated : Sep 18 2024 | 10:27 PM IST India’s NTPC Green Energy filed draft papers for a 100 billion rupees ($1.19 billion) initial public offering on Wednesday, as it looks to cash in on the country’s renewables ramp-up plans and a red-hot equities market. The…
Source: Live Mint “What’s up?” she asked Vivaan as soon as she entered the bedroom. He was lying down curled up like a baby. “Oh, you have come back early,” said Vivaan, who was a mid-level engineer in a software company. “I didn’t hear the door open.” “Well, if you blast music at such a…
Source: Live Mint In the first half of 2024, India recorded the highest number of mainboard-listed companies, more than 5,450 globally, which is around 25 per cent of global IPO listings. The global IPO market reached its peak in 2021. However, India has been an outlier with listings in the last year due to solid…
Source: Business Standard 2 min read Last Updated : Sep 10 2024 | 11:58 PM IST The Rs 6,560-crore initial public offer of Bajaj Housing Finance Ltd received 7.50 times subscription on the second day of bidding on Tuesday. The initial share sale got bids for 5,45,85,77,822 shares against 72,75,75,756 shares on offer,…
Source: Live Mint Krishnan VR, Chief of Quantitative Research team at Marcellus, believes that valuations of Indian markets are clearly quite extended both compared to history and across various sectors and stocks. However, he opined that as long as mid- and small-cap stocks deliver on expected earnings growth, there won’t be any valuation derating. He…
Source: Live Mint Ganesh Chaturthi 2024: As we kick off the festive season of 2024 with Ganesh Chaturthi, reflecting on the Initial Public Offering (IPO) market reveals some astounding numbers. In essence, IPOs have become the talk of the town following the record highs of Nifty 50 and Sensex, capturing attention not only in the…
Source: Business Standard 3 min read Last Updated : Sep 06 2024 | 7:16 AM IST A recent Securities & Exchange Board of India study, based on data from 144 initial public offerings (IPOs) between April 2021 and December 2023, found that individual investors sold over 50 per cent of their IPO shares within…
