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With $3.46 trillion m-cap, India knocking at doors of top-five club

12 October 2021

India’s stock market is inching closer to the United Kingdom in terms of value and is likely to gain entry into the top five markets in terms of market capitalisation, according to some reports. India’s market cap is currently over $3.46 trillion. It may be recalled that the country’s market cap was at $3.4055 trillion …

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Stellar Start: Megatherm Induction lists at 83% premium at Rs 198 per share on the NSE

5 February 2024

Megatherm Induction Limited manufactures induction heating and melting products using electrical induction such as induction melting furnaces and induction heating equipment, debuted on the Indian stock market today. Upon its debut on the NSE, the stock opened at Rs 198 per share, reflecting an impressive 83% premium compared to the final issue price of Rs …

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Stellar Start: Nova AgriTech lists at 36% premium at Rs 56 per share on the BSE

31 January 2024

Nova AgriTech Limited specialises in manufacturing crop-enhancing products, primarily focusing on soil health, plant nutrition, and crop protection, debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 56 per share, reflecting an impressive 36.60% premium compared to the final issue price of Rs 41 per share. …

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Upcoming IPOs in February 2024

30 January 2024

As January concludes, the anticipation for potential investment opportunities in February may rise. Following the launch of several IPOs in February, investors are keenly looking forward to the offerings lined up for the upcoming month. These IPOs present a unique opportunity to invest in promising private companies on the brink of going public. Staying well-informed …

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EPACK Durable Limited lists at a discount; opens at Rs 221 per share on the NSE

30 January 2024

EPACK Durable Limited is an Original Design Manufacturer (ODM) of room air conditioners, debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 225 per share, reflecting a 2.17% discount compared to the final issue price of Rs 230 per share. The market capitalisation of the company …

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RenewBuy Aims to Launch Its IPO in 2 Years, As Per CEO

22 November 2021

Owing to healthy business growth, RenewBuy is all set to hit the primary market in about two years, according to the company’s co-founder and CEO, Balachander Sekhar. The digital insurtech company was incorporated in 2015 by Balachander Sekhar and Indraneel Chatterjee. Its primary aim was to curb the insurance demand-supply gap in rural and semi-urban …

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Stellar Start: Qualitek Labs lists at 90% premium at Rs 190 per share on the BSE

29 January 2024

Qualitek Labs Limited is engaged in providing comprehensive testing, inspection, homologation, certification, and consulting services, which debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 190 per share, reflecting an impressive 90% premium compared to the final issue price of Rs 100 per share. The market …

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Ukraine-Russia Crisis Caused 49 IPOs to Delay, Despite SEBI Approval

9 March 2022

After a stellar year in 2021, the main market has slowed this year, with just three businesses successfully completing public offerings, compared to ten in the first two-and-a-half months of last year. The reason for this is a jittery secondary market, which has been shaken by global turbulence in the aftermath of Russia’s invasion of …

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It’s IPOs ahoy! 40 odd issues on the way to raise up to Rs. 80,000 cr

9 July 2021

IPO Bonanza! The primary market is set for a Rs. 80,000 crores bonanza, with 30 businesses that have already filed IPO papers for a total of Rs. 55,000 crores, and another ten expected to file this month for a total of Rs. 25,000 crores. On the basis of a huge lot of investors — the …

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Medi Assist Healthcare Services lists at 11% premium at Rs 465 per share on the BSE

23 January 2024

Medi Assist Healthcare Services Limited is a health-tech and insurance-tech company that manages health benefits for employers, retail members, and public health schemes, primarily serving insurance companies, it debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 465 per share, reflecting an 11.24% premium compared to …

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