Udayshivakumar Infra Ltd. is engaged in the business of construction of roads including national highways, state highways, district roads, and smart …

Udayshivakumar Infra Ltd. is engaged in the business of construction of roads including national highways, state highways, district roads, and smart roads. It also undertakes constructions of bridges across major and minor rivers, railway over bridges, construction of major and minor irrigation and canal projects, industrial areas, based in the state of Karnataka.

The below table has important dates with respect to the IPO allotment and listing.

Finalization of Basis of Allotment28-Mar-23
Initiation of Refunds29-Mar-23
Credit of Shares to Demat Acct31-Mar-23
IPO Shares Listing Date03-Apr-23
UPI mandate expiry date04-Apr-23

How to Check Allotment Status

In case you have not been allotted for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

A stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to…

A stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to its existing shareholders.

As per a recent circular, 1 equity share of Hi-Tech Pipes Ltd. (Scrip Code: 543411) will be subdivided into 10 equity shares. The key dates for the same are as follows:

Company NameSymbolSub-division RatioRecord DateEx-split Date
Hi-Tech Pipes Ltd.HITECH1:1017-Mar17-Mar

Refer: BSE circular

As per a recent circular, the name of Everlon Synthetics Ltd. (Scrip code: 514358) will be changed as follows w.e.f 16-Mar-23. Existing Symbol&n…

As per a recent circular, the name of Everlon Synthetics Ltd. (Scrip code: 514358) will be changed as follows w.e.f 16-Mar-23.

Existing Symbol New Symbol Existing Name the of CompanyNew Name of the  Company
EVERLONEVERFINEverlon Synthetics Ltd.Everlon Financials Ltd.

Refer: BSE Circular

Settlement Holiday: 22-Mar

22-Mar-23 is a Settlement Holiday due to Gudi Padwa. The Currency Segment will be closed on this day for trading. However, other segments are open fo…

22-Mar-23 is a Settlement Holiday due to Gudi Padwa. The Currency Segment will be closed on this day for trading. However, other segments are open for Trading.

What this means for you:

  • You can place your Trades as usual, however the settlement of funds/securities will be processed as detailed in the table below:
  • SegmentTrade placed onDate of Settlement
    Equity 21-Mar23-Mar
    Derivatives (F&O)21-Mar23-Mar
  • Your credit balance for 22-Mar will not include the following:
  • SegmentAccount Balance Exclusions
    EquityIntraday Profits made on 21-Mar
    Derivatives (Equity F&O, Currency & Commodity)Credits Made From Trades Done On 21-Mar

    Just so you know: Settlement holidays refer to days when markets (except the Currency segment) are open for trading but when Depositories and/or Banks are closed. Due to this, all trades done during that day will be settled on the next settlement cycle, as per the respective segments.

    A stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to…

    A stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to its existing shareholders.

    As per a recent circular, 1 equity share of Medico Remedies Ltd. (Scrip Code: 540937) will be subdivided into 5 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Medico Remedies Ltd.MEDICO1:516-Mar16-Mar

    Refer: BSE circular

    Bonus Issue is one of the corporate actions where a company issues bonus shares as new or additional shares, free of cost and in proportion to the sh…

    Bonus Issue is one of the corporate actions where a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares held by the shareholders.

    As per the recent NSE circular, Astral Ltd. is issuing 1 bonus share for every 3 existing shares held. The key dates for the Bonus Issue are as follows:

    Company NameRecord dateEx-Bonus basis from Date 
    Astral Ltd.14-Mar-2314-Mar-23

    In pursuant to the bonus issue of equity shares, the market lot size for F&O contracts of Astral Ltd. will be revised w.e.f. 14-Mar-23 as follows:

    Scrip NameCurrent Market lot size for F&O contractsRevised Market lot size for F&O contracts
    Astral Ltd.275366

    Refer: BSE circular | NSE Circular 

    A stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to…

    A stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to its existing shareholders.

    As per a recent circular, 1 equity share of Osia Hyper Retail Ltd. will be subdivided into 10 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    Osia Hyper Retail Ltd.OSIAHYPER1:1013-Mar13-Mar

    Refer: NSE circular

    Unfreeze of YES BANK securities

    Subsequent to a circular in Mar-20, stock brokers were directed to freeze all Beneficiary/Pool accounts for both debits and credits, locking in YES B…

    Subsequent to a circular in Mar-20, stock brokers were directed to freeze all Beneficiary/Pool accounts for both debits and credits, locking in YES BANK securities for three years, starting 13-Mar-20.

    This lock-in comes to an end on 13-Mar-23, wherein YES BANK securities will be unfrozen in client Demat accounts, and will be available for trading. This will take place once the Exchange activates the YESBANK ISIN and all Beneficiary accounts are unfrozen.

    Refer: NSE Circular

    Global Surfaces is engaged in the business of processing natural stones and manufacturing engineered quartz. Natural stones are produced by complex g…

    Global Surfaces is engaged in the business of processing natural stones and manufacturing engineered quartz. Natural stones are produced by complex geological processes and include a number of products such as granite, limestone, marble, slate, quartzite, onyx, sandstone, travertine, and others that are quarried from the earth. 

    The below table has important dates with respect to the IPO allotment and listing.

    Finalization of Basis of Allotment20-Mar-23
    Initiation of Refunds21-Mar-23
    Credit of Shares to Demat Acct22-Mar-23
    IPO Shares Listing Date23-Mar-23
    UPI mandate expiry date24-Mar-23

    How to Check Allotment Status

    In case you have not been allotted for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.

    Stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to i…

    Stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to its existing shareholders.

    As per a recent circular, 1 equity share of KP Energy Ltd. (Scrip Code: 539686) will be subdivided into 2 equity shares. The key dates for the same are as follows:

    Company NameSymbolSub-division RatioRecord DateEx-split Date
    KP Energy Ltd.KPEL1:210-Mar10-Mar

    Refer: BSE circular