Aadhar Housing Finance Limited is a housing finance company targeting the lower-income segment. It provides a variety of mortgage loan products for residential and commercial property purchase and construction, as well as home improvement and extension, which debuted on the Indian stock market today. The company’s stock settled at Rs 314.30 per share on the …
The Go Digit General Insurance Limited IPO opened for subscription on May 15, 2024, and will close on May 17, 2024. The Go Digit IPO is a book-built issue of ₹2,614.65 crore. It is a combination of a fresh issue of 4.14 crore shares aggregating to ₹1,125.00 crore and an offer for sale of 5.48 …
Allied Blenders & Distillers, popularly known as ABD, is an Indian-made foreign liquor company, headquartered in Mumbai, India. It is a major distributor of whiskey, rum, vodka, brandy and other spirits, and exports to 22 countries around the world. The company has received final nod from the Securities and Exchange Board of India for its …
In a significant move, Go Digit General Insurance Limited announced on Tuesday that it had successfully secured Rs 1,176.59 crore from anchor investors, marking a significant milestone for the Bengaluru-based insurance startup. This move comes ahead of the company’s much-anticipated initial public offering (IPO), which is set to open for public subscription on Wednesday. Strong …
The non-deposit-taking, non-banking finance company middle layer (NBFC ML), SK Finance Limited, has filed a draft red herring prospectus (DRHP) with the market regulator Securities and Exchange Board of India (SEBI) to raise ₹2,200 crore through an initial public offering (IPO). SK Finance Limited’s IPO is a combination of both a fresh issue and an …
In a world of constant innovation, Go Digit General Insurance stands out as a trailblazer, redefining the insurance landscape in India. Established as one of the first non-life insurers in the country to operate fully on the cloud, Go Digit has embraced technology to provide seamless and efficient services to its customers. Tech-Driven Approach Go …
An Initial Public Offering (IPO) marks a pivotal moment for companies. It’s like unlocking access to a larger pool of funds, expanding their market presence, and establishing a firm foothold in the industry. And for investors, IPOs offer a unique opportunity to invest early in potentially game-changing ventures, often with the prospect of substantial returns. …
Online food delivery platform Zomato has recently released its financial statement for the April-June quarter of FY 21-22. This is the first quarterly update of Zomato since its magnificent debut in the stock market last month. Surprisingly, this company has registered a net loss of Rs. 356 crores as opposed to Rs. 99.8 crores in …
Following the IPO announcement is a way to learn about new and undiscovered companies with excellent potential for growth in the future. Releasing an IPO is a method used by unlisted companies to seek listing on the exchange and raise funds from the market to fuel their expansion plans. For investors, IPOs are excellent for …
Ola Electric, a key player in India’s electric two-wheeler market, recently submitted its DRHP, revealing insights into its operations, risks, and future plans. This article dissects key aspects of Ola Electric’s DRHP, shedding light on potential risks and challenges for the company. Ethical Business Practices and Sustainability Ola Electric’s disclaimer on suppliers’ compliance with ethical …
