Ather Energy IPO Allotment Status

Ather Energy IPO is a book-built issue IPO, aiming to raise ₹2,981.06 crore. The issue comprised a fresh issue of 8.18 crore equity shares aggregating to ₹2,626.30 crore and an offer for sale (OFS) of 1.11 crore shares totalling ₹354.76 crore. The bidding window was open from April 28, 2025 to April 30, 2025, with the IPO allotment to be finalised today on May 2, 2025. Ather Energy is scheduled to list on the BSE and NSE on May 6, 2025.

The IPO was priced in the range of ₹304 to ₹321 per share with a lot size of 46 shares. The public issue received bids for 7.65 crore shares against 5.33 crore shares available, resulting in an overall subscription of 1.43 times. Retail investors led the response, subscribing 1.78 times their quota, followed by QIBs at 1.70 times, while NIIs showed lower interest at 0.66 times.

Retail applicants needed a minimum investment of ₹13,984, but bidding at the cutoff price (around ₹14,766) was advisable due to the oversubscription. For sNII, the minimum investment stood at ₹2,06,724 (14 lots), while bNII participants required ₹10,04,088 (68 lots). Additionally, 1,00,000 shares were reserved for employees at a ₹30 discount.

How to Check Ather Energy IPO Allotment Status Online on NSE?

  • Go to the application status page.
  • Select “Equity and SME IPO bids” .
  • Choose “Ather Energy” from the Issue Name dropdown.
  • Provide your Application Number or PAN.
  • Click on Submit.

How to Check Ather Energy IPO Allotment Status Online on BSE?

  • Go to the application status page.
  • Select “Equity” under the Issue Type.
  • Choose “Ather Energy” from the Issue Name dropdown.
  • Provide your Application Number or PAN.
  • Click on “I am not a robot” and Submit.

How to Check Ather Energy IPO Allotment Status Online on the Registrar’s Website?

  • Go to the registrar’s official website.
  • Select “Ather Energy” from the company list.
  • Enter your Client ID, Application Number, or PAN.
  • Click on Submit.

Ather Energy IPO Details

Ather Energy’s ₹2,981.06 crore IPO, priced between ₹304–321 per share, was subscribed 1.43 times overall. Bidding took place from April 28 to 30 April, 2025, with the Ather Energy IPO allotment status to be finalised today on May 2, 2025. Retail investors subscribed 1.78 times, QIBs 1.70 times, and NIIs 0.66 times. Listing is expected on May 6, 2025.

Allocation Quota for Ather Energy

The table below breaks down the Ather Energy share allocation for different categories, highlighting the number of shares and their percentage of the total issue.

Investor Category Shares Offered
Anchor Investor Shares 4,17,45,576 (44.95%)
QIB Shares 2,78,30,383 (29.97%)
NII (HNI) Shares 1,39,15,192 (14.98%)
Retail Shares 92,76,795 (9.99%)
Employee Shares 1,00,000 (0.11%)

Data Source: BSE-NSE

Ather Energy IPO – Overall Subscription Status

Category Subscription (times)
Qualified Institutional Buyers 1.76
Non-Institutional Investors 0.69
Retail Individual Investors 1.89
Employees 5.43
Total shares 1.50

Note: The subscription details is as of April 30, 2025

Ather Energy Business Overview

Founded in 2013, Ather Energy Limited is an Indian electric two-wheeler (E2W) company specialising in the in-house design, development, and assembly of electric scooters, battery systems, charging infrastructure, and supporting software. Operating as a fully integrated EV manufacturer, Ather places strong emphasis on technological innovation and product development.

In the nine months ending December 31, 2024, Ather sold 1,07,983 E2Ws, with a total of 1,09,577 units sold during the full Fiscal Year 2024. The company has built a robust retail and service network, with 265 experience centres and 233 service hubs across India, along with a growing international presence in Nepal and Sri Lanka.

Ather’s product offerings include Ather Grid, a fast-charging network designed for electric two-wheelers, and Atherstack, its proprietary software platform offering 64 connected features as of July 2024. Production takes place at the Hosur facility in Tamil Nadu, which had an annual installed capacity of 4.2 lakh electric vehicles and 3.79 lakh battery packs as of March 2024.

As of February 28, 2025, Ather held 303 trademarks, 201 design registrations, and 45 patents globally, with several additional applications pending.

Know more about IPO allotment status and check your application details online for the latest updates on share allocation.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

SEBI Plans to Extend Exemption on Hard Copy Delivery for Non-Convertible Securities

India’s market regulator, the Securities and Exchange Board of India (SEBI), is proposing to continue the relaxation from sending physical copies of financial statements to certain investors holding listed non-convertible securities. This move, aimed at reducing paperwork and aligning with digital practices, comes as part of a new draft circular released for public consultation.

What Is the Proposal About?

The proposal suggests an extension of the exemption under Regulation 58(1)(b) of SEBI’s Listing Obligations and Disclosure Requirements (LODR), 2015. This regulation typically requires companies to send hard copies of financial statements and related documents to investors who haven’t registered their email addresses. However, SEBI had previously allowed companies to skip this requirement until September 30, 2024. The new proposal aims to extend this exemption beyond that date in two phases.

Alignment with MCA Guidelines

SEBI’s decision aligns with the Ministry of Corporate Affairs’ (MCA) recent announcement, which extended a similar relaxation until September 30, 2025. By following the MCA’s direction, SEBI is ensuring a coordinated approach to easing compliance for listed debt issuers.

Read more: SEBI to Simplify Scheme Categories; Plans Tarun Yojana for New and Low-Income Investors

Conditions for Using the Relaxation

While SEBI is easing the requirement for physical document delivery, there are certain conditions attached. Companies must publish an advertisement under Regulation 52(8), which should include a web link to the financial summary. This link will allow investors to access key information digitally, ensuring transparency is maintained even in the absence of hard copies.

The documents referenced include details mandated under Section 136 of the Companies Act, 2013, ensuring investors are still well-informed about the company’s financials.

Open for Public Feedback

SEBI has invited feedback from stakeholders on this proposal. The consultation period is open until May 12, 2025, and comments can be submitted through SEBI’s online portal. The draft circular includes a list of proposals on which SEBI seeks public opinion, along with a web-based form to ensure a structured and efficient feedback process.

Conclusion

If implemented, this initiative will not only reduce paper usage but also promote digital access to financial information. As more investors move online, such steps are seen as timely and practical. For investors, this means quicker and easier access to financial data, supporting more informed decision-making.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Why FIIs Are Buying Indian Stocks Again? ₹14,670 Crore Inflow in 3 Days

India’s equity market is witnessing a strong comeback from Foreign Institutional Investors (FIIs), who have recently infused ₹14,670 crore into the Indian cash market over just three trading sessions from April 15 to April 17, 2025. This sudden turnaround in investor sentiment has sparked renewed confidence and is raising hopes for sustained foreign capital inflows in the weeks to come.

What’s Triggering the Shift?

Until mid-April, FIIs were net sellers, pulling out ₹23,999 crore from Indian equities due to global uncertainties and valuation concerns. However, a visible change in approach emerged mid-month, with renewed interest in Indian stocks signalling a potential shift in market mood.

Read more:FII’s Returned to Indian Securities Market: Highest Net Inflows Since March 27

Weakening US Dollar Boosts Sentiment

One of the primary triggers behind this FII revival is the weakening of the US Dollar Index, which dipped towards the 100 mark. This made Indian equities relatively more attractive when compared to other emerging markets. With India offering lower inflation, controlled crude prices, and promising Q4FY25 earnings—especially in the banking sector—FIIs seem to view India as a better risk-adjusted return market.

Global Trade Tensions Ease

The recent 90-day postponement of US tariffs has calmed global trade fears, creating a more stable outlook. This move, along with softening rhetoric from the US on trade issues, has helped improve global investor confidence. As India’s markets hover around key resistance levels, any decisive move upward could trigger further institutional buying.

India’s Growth Advantage Over US and China

India is expected to grow at 6% in FY26, while the US and China face slower growth. This makes India more attractive for foreign investors. Its stable economy and strong outlook support market confidence.

Earnings Expectations Drive Optimism

While concerns about demand and sector-specific challenges persist, the RBI’s recent interest rate cut—and expectations of more easing ahead—could act as a catalyst for corporate growth. Lower borrowing costs are likely to support credit expansion and boost earnings in the coming quarters, keeping FIIs interested in Indian equities.

Recap of FPI Activity

After being net sellers for nine consecutive trading sessions, FPIs turned buyers on April 15, 2025, with a ₹6,065 crore investment, breaking the previous streak of outflows amounting to ₹38,992 crore. Before this, the last significant inflow occurred on March 27, when FIIs bought ₹11,111 crore worth of Indian equities.

Conclusion

If current trends hold, FIIs may continue their renewed interest in Indian stocks. With strong domestic fundamentals, improving corporate earnings, and reduced global tensions, India appears well-positioned to attract steady foreign investments. If markets break above critical technical levels, a broader rally supported by institutional buying could be on the horizon.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

TRAI Report: Reliance Jio Leads Indian Telecom Market in January 2025

India’s telecom industry continued to grow in January 2025, with Reliance Jio holding on to its top position and Bharti Airtel leading in new customer additions. According to the latest report by the Telecom Regulatory Authority of India (TRAI), the wireless subscriber base saw modest growth, while companies like Vodafone Idea and BSNL continued to lose users.

Reliance Jio Remains on Top

Reliance Jio maintained the top spot with a market share of 40.46%, taking its total subscriber base to 465.82 million. Although its growth slowed compared to December 2024, when it added over 3.9 million users, Jio still gained 686,143 new users in January 2025.

Bharti Airtel Adds the Most New Users

Bharti Airtel had the biggest monthly gain by adding 1.65 million subscribers, taking its total user base to 386.96 million and securing a 33.61% market share. The company’s consistent growth highlights its firm position in India’s telecom sector.

Read More:Best Telecommunication Stocks in India 2024

Vodafone Idea and BSNL Lose Customers

Vodafone Idea lost 1.33 million subscribers, dropping its total base to 205.92 million. Its market share also fell to 17.89%. Although the company started its commercial 5G services in Mumbai in March, it remains behind Jio and Airtel, who began their 5G rollout over 2 years ago.

BSNL, the state-run operator, lost 369,665 users, bringing its subscriber base down to 91.57 million, with a market share of 7.95%. The company continues to face challenges in user retention.

Read More: BSNL Secures 5G Spectrum Worth ₹61,000 Crore: Trials Begin Ahead of Full Rollout

TRAI Pushes for Fair Competition

To make the market more balanced, TRAI has introduced new rules to stop unfair pricing and promote healthy competition. This ensures that all telecom companies – including Jio, Airtel, and Vodafone Idea – play by the same rules, so customers benefit from fair prices and better services.

Expanding Services to Rural India

TRAI is also focused on improving network coverage in rural and remote areas. It has asked operators like Jio, Airtel, and BSNL to offer more affordable plans and invest in rural networks. This is in line with the government’s Digital India mission, which aims to connect every citizen to the internet.

Conclusion

With Reliance Jio leading in total users and Bharti Airtel leading in new user additions, India’s telecom sector continues to evolve. TRAI’s efforts to improve fairness and expand rural access will further shape the future of the industry, ensuring better services and more choices for everyone.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

HCL Technologies Shares Rise 4% Ahead of Q4 FY25 Results 2025

HCL Technologies’ share price witnessed a strong rally of over 4% in intraday trading on Monday, April 21, 2025. This gain comes just a day before the company is set to announce its financial results for the March 2025 quarter. The market’s focus has shifted to HCL Technologies after key industry players such as TCS, Infosys and Wipro posted mixed or weaker earnings amid global economic concerns.

When Will HCL Technologies Announce Its Results?

According to an official update, HCL Technologies will declare its fourth quarter and full-year results for FY25 on Tuesday, April 22, 2025, after the Indian stock markets close. Following the announcement, the company’s senior management will hold an earnings conference call at 7:30 PM (IST) to discuss the results and address questions from analysts.

Read More:When Will IT Companies Announce Q4 FY25 Results?

HCL Technologies Share Price Trend

HCL Technologies’ share price opened strong at ₹1,438.05 on Monday and surged to an intraday high of ₹1,498.90, showing a gain of 4.23% from its previous close. By 3.53 PM, the stock was trading at ₹1,480.10, up 2.92%.

Despite recent volatility, HCL Technologies’ shares have gained over 3% in the past year. Over a 5-year period, the stock has delivered returns of more than 228%, reflecting strong long-term performance.

Conclusion

Although the IT sector has faced several headwinds recently—including global recession fears and US policy concerns—investors are keenly awaiting HCL Tech’s results to get better clarity on the company’s direction and broader industry trends.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

What’s Driving the Rise in IT Stocks on Monday, April 21, 2025?

The Indian IT sector witnessed a surprising rally on Monday, April 21, with the Nifty IT index jumping over 3%, despite several challenges. This uptick came even as some major companies reported mixed quarterly results and the US Dollar showed signs of weakness, a trend that typically impacts export-oriented businesses like IT.

Infosys Turns Positive Despite Slow Growth Outlook

Infosys recently shared its growth forecast for the next financial year, which was between 0% and 3%. This was seen as cautious by the market. However, despite the slow growth outlook, the Infosys share price rose by 2.5%, reaching ₹1,456.60 by 2:23 PM on April 21, 2025.

Read More:Infosys Share Price Rises 2.29%; Reports 4.2% Revenue Growth in FY25; Declared ₹22 Dividend

Midcap IT Stocks Gain Big

Tata Elxsi share price surged nearly 9% to ₹5,329.00 by 2:30 PM on April 21, 2025, despite weaker-than-expected earnings in the March quarter. Its revenue and profit dropped for the third time in a row. Companies like Mphasis, Oracle Financial Services, and LTIMindtree also saw gains as the market turned more positive about the sector.

Focus on Upcoming Results

Larger companies like HCLTech, Tech Mahindra, and Persistent Systems are expected to announce their results later this week. Many investors are watching closely to see how these companies perform and what they say about future growth.

As of April 11, 2025, at 2:41 PM, Coforge share price rose over 4% to ₹6,916.00. This came after a large investment deal in the company last week, which improved market sentiment.

Read More:When Will IT Companies Announce Q4 FY25 Results?

What’s Next for IT Stocks?

As of 2:26 PM on Monday, April 21, 2025, the Nifty IT index was trading at around 34,182, up over 800 points. Although global challenges remain, many investors believe that most of the bad news is already reflected in stock prices.

IT stocks had fallen 25% to 40% from their earlier highs. Now, with a more positive outlook and hopes of better results ahead, the sector is getting fresh attention from investors.

The coming days will be important as more companies share their earnings and business plans. Investors will be looking for signs of a stronger second half of the year for India’s IT industry.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

Jan Dhan Yojana Deposits Cross ₹2.63 Lakh Crore Mark in April 2025

The Pradhan Mantri Jan Dhan Yojana (PMJDY) continues to redefine financial inclusion in India. As of April 2025, Jan Dhan deposits have touched a record ₹2.63 lakh crore, showing strong progress in expanding access to banking for all.

A Record Rise in Deposits

According to recent government data, Jan Dhan account deposits reached ₹2,63,145 crore as of April 9, 2025. This is a significant rise from ₹2,34,997 crore in the previous year. The average per-account balance also hit a new high of ₹4,760, highlighting growing trust and active participation among account holders.

With over 552.8 million accounts and nearly 380 million RuPay debit cards issued, the PMJDY scheme is not just about numbers—it reflects rising financial awareness across urban and rural India.

What Makes Jan Dhan Yojana Special?

Launched on August 28, 2014, the Jan Dhan Yojana aimed to bring universal banking access to every household. With features like zero-balance accounts, an overdraft facility up to ₹10,000, RuPay debit cards with insurance cover, and no minimum balance requirement, the scheme makes banking simple and accessible for all.

Deposits in these accounts also earn 3–4% interest, giving even the smallest savers an opportunity to grow their money safely.

Powering Rural and Women-Led Banking

According to the latest data, 368.1 million beneficiaries are from rural or semi-urban areas, while urban and metro centres account for 184.7 million. Significantly, 308 million account holders are women—showcasing how the scheme is driving gender-inclusive financial growth.

Beyond Benefits: A Source of Low-Cost Funds

While many Jan Dhan accounts were initially opened to receive government subsidies and benefits, they have also emerged as a valuable source of low-cost funds for public sector banks. This dual utility strengthens India’s banking ecosystem while supporting welfare goals.

Technology-Driven Impact

The JAM Trinity—Jan Dhan, Aadhaar, and Mobile—has been a game changer. It has enabled real-time Direct Benefit Transfers (DBTs), especially crucial during the COVID-19 pandemic. Between FY15 and FY23, this tech-enabled approach led to savings of nearly ₹3.5 trillion in government spending.

Conclusion

The Pradhan Mantri Jan Dhan Yojana has successfully laid the foundation for a more inclusive, connected, and financially secure India. With digital support and growing confidence, the journey from zero-balance accounts to real financial stability is now a reality for millions.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

How Is SBI Jan Nivesh Different from Other SBI Mutual Fund Schemes?

Mutual funds have long been a smart choice for building wealth, but for many Indians, the starting cost often feels too high. This is where SBI Jan Nivesh stands out. Launched by SBI Mutual Fund in partnership with the State Bank of India, SBIJan Nivesh is designed to make mutual fund investing more inclusive by allowing SIPs (Systematic Investment Plans) from just ₹250 per month.

So, what sets SBI Jan Nivesh apart from other SBI mutual fund schemes? Let’s explore.

Low-Cost Entry Point for Every Investor

One of the key differences is the extremely low minimum investment. Traditional SBI SIPs usually have a minimum starting amount of ₹500 or ₹1,000 for investment. But Jan Nivesh brings this down to just ₹250, removing a major entry barrier for many.

This makes it perfect for first-time investors, students, daily wage earners, and anyone looking to start small without feeling the pinch.

Focused on Financial Inclusion

SBI Jan Nivesh is not just a mutual fund scheme—it’s part of a larger vision of financial inclusion. SEBI Chairperson Madhabi Puri Buch described it as a visionary initiative aimed at narrowing the divide between urban India and rural Bharat.

By making investing accessible to all income levels, the SBI Jan Nivesh SIP is bringing more Indians into the financial ecosystem—particularly those who were previously excluded due to cost.

Powered by Technology for Easy Access

Unlike older schemes that rely heavily on paperwork or bank visits, Jan Nivesh is easily accessible on digital platforms like SBI YONO and other fintech platforms. This makes investing quick, convenient, and accessible even to those in remote areas.

The use of technology also ensures that operational costs stay low, making the small-ticket investment model sustainable for the long term.

Smart Investing with Balanced Advantage Fund

Another big difference is where your money goes. SBI Jan Nivesh SIP currently invests in the SBI Balanced Advantage Fund, which actively adjusts its allocation between equity and debt based on prevailing market trends.

This dynamic allocation helps manage risk better than pure equity funds, especially during market volatility. It makes the SBI Jan Nivesh SIP a good choice for conservative investors looking for steady growth rather than high-risk returns.

Flexible Investment Frequency

Most traditional SBI mutual funds allow monthly or quarterly investments. Jan Nivesh, however, offers daily, weekly, or monthly contribution options. This gives investors more control over their investment schedules and makes it easier to plan based on cash flow.

Zero Transaction Charges

A unique benefit of SBI Jan Nivesh is that SBI has removed transaction charges for these small SIPs. When you’re investing just ₹250 a month, even minor charges can eat into returns. With no extra fees, every rupee you invest goes directly into building your wealth.

Read more:Kotak Chhoti SIP vs SBIJan Nivesh SIP: Which ₹250 SIP Stands Out?

How Jan Nivesh Helps in the Long Run?

Even though ₹250 choti SIP might seem small, long-term consistency can lead to significant wealth creation due to the power of compounding. The scheme encourages discipline and regular investing—both key to financial success.

Compared to other SBI mutual fund schemes that may aim at higher investment brackets or specific financial goals, SBI Jan Nivesh takes a grassroots approach to money management.

Conclusion

SBI Jan Nivesh is more than just a new mutual fund SIP—it’s a financial revolution. With a lower entry point, digital accessibility, and a focus on inclusivity, it opens the door for millions of Indians to start investing confidently.

Curious about your SBI SIP returns? Get accurate estimates of your investment growth using our SBI SIP Calculator and stay ahead of your financial goals.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.

IndusInd Bank Under Scrutiny for ₹1,979 Crore Loss in Derivatives Book

A major financial mystery is unfolding at IndusInd Bank as it faces intense scrutiny over a ₹1,979 crore loss linked to its derivatives book. The spotlight is now on potential accounting lapses in its treasury operations, with forensic auditor Grant Thornton (GT) diving deep into the bank’s internal systems. The key question—were all the internal hedge transactions properly recorded in the Calypso system?

What Went Wrong?

At the centre of the controversy is the Calypso software, IndusInd’s treasury management system, designed to capture and track all trading activities. Grant Thornton is checking if some internal hedge transactions were left out of the system and instead recorded in separate Excel files. These deals, between the bank’s internal teams, were meant to match its foreign currency transactions with other banks.

IndusInd had aggressively marketed dollar and yen deposits to NRIs, resulting in a sizeable forex derivative book. However, if internal deals were not logged accurately, this could point to serious gaps in oversight, system inefficiencies, or even management override of internal controls.

The Role of PwC and Grant Thornton

PricewaterhouseCoopers (PwC), a previous consultant, had flagged the ₹1,979 crore loss due to accounting discrepancies. However, before IndusInd’s statutory auditors sign off on the financial results, they are awaiting GT’s endorsement of PwC’s report. GT, appointed under SEBI’s LODR (Listing Obligations and Disclosure Requirements) framework, has a broader mandate and is expected to uncover the full extent of the issue.

RBI Steps In

The Reserve Bank of India has reportedly urged IndusInd Bank to finalise its annual accounts by the end of April 2025. This has created added pressure on both the auditors and the bank’s management to expedite the process. Once GT’s report is ready, it could lead to action by regulators, like taking back bonuses or removing officials found responsible.

Read More: IndusInd Bank Share Price in Focus on Receiving External Audit Report

A Jump in Hedging Numbers

One of the most surprising parts of this case is the sharp jump in IndusInd’s hedging book. It went from ₹19.71 crore in March 2022 to ₹142.3 crore in March 2023, and then suddenly shot up to ₹6,177.53 crore by March 2024. What raised more questions is that in the same year, the bank stopped listing ‘valuation of derivatives‘ as a key audit matter in its report.

The issue is believed to have come from using two different ways to record the transactions—mark-to-market for deals with other banks and accrual accounting for internal ones. This led to a mismatch in how profits and losses were shown in different records.

IndusInd Bank Share Price Today

As of April 21, 2025, 10:11 AM, IndusInd Bank’s share price stood at ₹828.95 on the BSE, marking a 4.12% increase. The stock’s daily high reached ₹830.35, with a market capitalisation of ₹64,517 crore. Despite ongoing investigations and uncertainty over the final financial numbers, IndusInd Bank’s share price has shown stability, with market sentiment holding steady as investors await the results of the Grant Thornton probe.

Conclusion

IndusInd Bank now stands at a critical juncture. The outcome of Grant Thornton’s investigation could not only impact its immediate financials but also affect its credibility in the market. With regulators, auditors, and shareholders watching closely, the coming weeks will be crucial in solving the ‘Calypso’ mystery.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.

Bajaj Electricals Share Price Rises 8% After Exclusive Tie-Up with SEAK

Bajaj Electricals has witnessed a significant upward movement in its share price, jumping by over 8% after announcing an exclusive partnership with Slovak firm SEAK. The 3-year deal, which focuses on lighting control products and tunnel lighting projects, is expected to strengthen Bajaj Electricals’ position in the infrastructure and lighting sector.

What Is the SEAK Partnership About?

The new collaboration between Bajaj Electricals and SEAK, a well-established manufacturer of lighting control electronics and software from the Slovak Republic, promises to deliver energy-efficient lighting solutions, particularly for tunnel projects. Under this exclusive agreement, Bajaj Electricals will not only source products from SEAK for resale but will also take charge of the supply, installation, testing, and commissioning (SITC) of tunnel lighting projects in India.

Market Sentiment and Bajaj Electricals’ Share Price Today

Following the announcement, Bajaj Electricals’ share price saw strong buying interest on Wednesday, April 16, 2025. The stock hit an intraday high of ₹556 and closed at ₹554.95 on the BSE, rising ₹41.35 or 8.05%. With a market capitalisation of ₹6,371 crore, the stock previously touched a 52-week high of ₹1,120.

This deal is seen as a strategic step to enhance Bajaj Electricals’ capabilities in providing intelligent lighting solutions, which are becoming increasingly essential for large infrastructure projects.

Focus on Infrastructure and Lighting Solutions

Bajaj Electricals has been steadily growing its share in the infrastructure and lighting sectors. Exports currently make up 1.54% of its FY24 revenue, and the company has a presence in over 40 countries. Notably, lighting solutions contributed 20% to the company’s revenue in the third quarter of FY25, with significant projects such as the Maha Kumbh 2025 street lighting and lighting upgrades at Mumbai’s Wankhede Stadium.

The new partnership with SEAK brings added potential for the company to expand its reach and offer advanced lighting solutions for critical infrastructure projects. With the increasing demand for energy-efficient and intelligent lighting.

Conclusion

Bajaj Electricals’ collaboration with SEAK is an exciting development that could significantly impact the company’s future. As the company continues to focus on infrastructure and lighting solutions, the positive market reaction to this partnership highlights the growing investor confidence in its business strategies.

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.