Incorporated in 2017, KFin Technologies Limited is a leading technology-driven financial services platform. The company provides services and solutions to asset managers and corporate issuers across asset classes in India and provides several investor solutions including transaction origination and processing for mutual funds and private retirement schemes in Malaysia, the Philippines and Hong Kong. As …
The much anticipated public offering of NSE could be instigated in the upcoming weeks since SEBI is willing to permit the bourse to re-filing its DRHP for the IPO. According to sources, NSE is firm to roll out India’s biggest IPO after receiving the market regulator’s nod. Interestingly, the public offer is expected to seek …
An Overview According to sources, at least seven companies aim to conduct initial public offerings in the next 10-15 days, raising more than Rs 19,000 crore. The IPO of Star Health will begin on Tuesday, while the IPOs of tech firms RateGain Travel and CE Info Systems, as well as Anand Rathi Wealth, will begin …
Powergrid Corporation of India Limited is a public sector enterprise under the government of India. Powergrid is a schedule ‘A’ ‘Maharatna’ incorporated in 1989 under the 1956 Companies Act. This listed company has 51.34% holding of the government while the remaining holdings account for public and institutional investments. This PSU operates under the power ministry and …
BoAt postpones IPO plan The Mumbai-based D2C electronics brand boAt, operating under its parent company Imagine Marketing Ltd., has withdrawn its listing plans citing market conditions being “choppy”. The company had earlier filed its Draft Red Herring Prospectus (DRHP) with the SEBI on 26th January 2022 in order to raise around ₹2000 cr through an …
Among the awaited IPOs to be launched in June 2021 is that of Kolkata-based Shyam Metalics and Energy Ltd (SMEL). The initial public offer (IPO) of the company will open on June 14 at a size of Rs 909 crore. The three-day IPO’s issue closes on June 16. The bidding for anchor investors is set …
It will be an action-packed week ahead for the primary market as Hyderabad-based Dodla Dairy Limited gets set to launch its Rs 520-crore initial public offering (IPO) on June 16. The IPO will close on June 18 and the price band is between Rs 421 and Rs 428 per share. The dairy company’s IPO marks …
NTPC’s Recent Strategy The state-run NTPC plans to IPO its renewable energy unit, NTPC Renewable Energy Ltd, to generate funding to meet its ambitious aim of 60 GW installed renewable energy capacity by 2032. As part of the UN High-Level Dialogue on Energy, NTPC has become India’s first energy firm to declare its energy compact …
Clean Science and Technology Ltd. is a top India-based chemical manufacturer known for producing pharmaceutical intermediates, performance, and FMCG chemicals. At present, it has two manufacturing units in Karkumbh, Maharashtra. The company exports its goods to various overseas markets, registering 69% of its revenues through exports in 2020. The IPO of Clean Science and Technology …
The Securities and Exchange Board of India approved IPO applications through UPI back in 2019. It was done to reduce the period between closing an IPO and listing security from 6 days to 3 days. Per data released by NPCI (National Payments Corporation of India), banks have received over 19 lakhs IPO mandates in June …
