The FinTech Hub
Source: Live Mint The issue—a milestone for both the company’s parent Hyundai Motor Co. (HMC) and the Indian stock market as the country’s largest public offering so far—is a key part of Hyundai’s strategy to enhance the valuation of its global businesses as part of the South Korean government’s Corporate Value-Up Program. The programme seeks…
Source: Live Mint Imagine someone offers you VIP tickets to a concert for which others are struggling to gain entry (Coldplay, anyone?) That’s what the Edelweiss Recently Listed IPO Fund, India’s only IPO-focused fund, promises to do for retail investors who find it hard to get allotments in initial public offerings. It isn’t easy for…
Source: Business Standard Spicejet (Photo: Wikipedia) 3 min read Last Updated : Oct 08 2024 | 12:34 PM IST SpiceJet shares climbed 9.5 per cent to Rs 63 on the BSE in Tuesday’s intraday trade after the company said it will significantly expand its fleet by the end of November with the induction of ten aircraft….
Source: Live Mint Kross Ltd IPO subscription status: Kross Ltd, a Jamshedpur-based company specializing in manufacturing trailer axles and suspension assemblies, opened its Initial Public Offering (IPO) for subscription on September 9. The three-day IPO will close on September 11, with anchor investor bidding held on September 6. As of September 9, on BSE the…
Source: Live Mint Resourceful Automobile’s IPO, for instance, attracted ₹4,800 crore in bids for a ₹12 crore issue, and Travels & Rentals offer received ₹7,075 crore for a ₹12.4 crore issue. HOAC Foods India and Magenta Lifecare saw 1,963 and 1,002 times oversubscription, respectively, earlier this year, even as their issue size was just ₹5.10…
