Getting an IPO allotment can feel like winning the lottery these days. But fret not, aspiring investor! We have a technical analysis strategy that might just give you a fighting chance to enter your dream IPO. Buckle up, because we’re diving into the IPO Breakout Strategy. Step 1: Decoding the Dochain Channel Imagine a tunnel …
Jana Small Finance Bank Limited is a non-banking finance company primarily engaged in providing MSME loans, affordable housing loans, term loans to NBFC, loans against fixed deposits, two-wheeler loans, and gold loans, debuted on the Indian stock market today. The Jana Small Finance Bank stock opened at Rs 396 per share, reflecting a discount of …
Rashi Peripherals Limited is a company that distributes global technology brands in India. They specialise in products related to ICT or Information and Communication Technology, debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 335 per share, reflecting an impressive 7.7% premium compared to the final …
Amidst the dynamic landscape of India’s pharmaceutical industry, Akum Drugs and Pharma Ltd (Akum) stands poised to embark on a new chapter with its upcoming Initial Public Offering (IPO). As a leading pharmaceutical contract development and manufacturing organization (CDMO), Akum has carved a niche for itself by offering end-to-end product development and manufacturing solutions. This …
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 …
