Apeejay Surrendra Park Hotels Limited is engaged in the hospitality business, operating under the brand names “THE PARK,” “THE PARK Collection,” “Zone by The Park,” “Zone Connect by The Park,” and “Stop by Zone, debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 187 per share, …
Capital Small Finance Bank Limited operates as a small finance bank. The company has established a robust presence in semi-urban and rural areas, employing a branch-based operating model, debuted on the Indian stock market today. Upon its debut on the BSE, the Capital Small finance Bank stock opened at Rs 435 per share, reflecting a …
The IPO of Vedant Fashions, the parent company of ethnic wear brand Manyavar, was subscribed 2.57 times on its third day of bidding, 8 February 2022. The public issue received bids for 6,53,72,718 shares, whereas 2,54,55,388 shares were put on offer, as per data available on NSE. Vedant Fashions is an ethnic wear maker well-known …
2021 has been a year to remember for India’s share market. A record number of companies went public, 63 to be precise, generating a total of Rs. 1.18 lakh crores in due course. Looking at this phenomenon, experts’ prediction for this calendar year, i.e., 2022, is not very far off from this metric. The basis …
During the December quarter, the revenue of NSE hiked 2 times at Rs. 2,367 crores. The consolidated net profit is reported at Rs. 1,348 crores, growing 5 times. Isn’t it a whooping jump from Rs. 208 crores during Q3 of 2020? Keep reading to get the details! What About the Business of NSE? Before its …
Although the activities of the primary market have paused lately due to the Russia-Ukraine crisis, there is an upcoming IPO by Uma Exports Limited. The estimated fund they plan to raise by this initial public offering is Rs. 60 crores. To know about it in detail, continue reading! Closer Insight of Initial Public Offering by Uma …
The primary capital market has been experiencing an outstanding year, with 43 mainboard companies launching public issues so far. These initial public offerings have raised an amount of about $9.7 billion in a period of nine months. Considering the time frame, this record-setting amount is the highest ever in the past 20 years. In native …
An Overview As investors continue to pour money into India’s technology sector, KPMG predicts that digital companies will raise around $10 billion through initial public offerings in the next six months. In an interview with many experts, senior partner and head of corporate finance at KPMG India, said, “With these digital firms, India is revealing …
Recently EY published a global IPO trends report studying and analysing the offering across the world. The reports revealed some record-breaking numbers for India. Considering the nine months from January to September 2021, over 70 companies have offered shares raising over INR 728 billion from the public. Out of that, between July-September 2021 itself, there …
Amid stories circulating of an IPO launch for the exchange operator NSE (National Stock Exchange), some offshoot news is also doing the rounds. It seems that institutional investors, doubtful about the proposed IPO move, are divesting their stake in NSE. However, these unlisted shares of this exchange have upped in value to nearly 7%. Take …
