You might have heard someone boasting about their investment doubling in a month, six months, or a year, but hearing about it happening in a single day is quite rare. Today, we’ll delve into this article to explore how your money could have potentially doubled if you had owned this company’s stock in your portfolio, …
The Indian Renewable Energy Development Agency Limited (IREDA) is a Mini Ratna (Category – I) Government of India Enterprise, operating under the administrative control of the Ministry of New and Renewable Energy (MNRE). Founded in 1987 as a non-banking financial company (NBFC), IREDA stands as a public limited government entity committed to fostering, advancing, and …
Tata Technologies Limited, a wholly-owned subsidiary of Tata Motors Limited, is poised to become the first company within the Tata Group to go public in almost twenty years. This marks the first IPO from the Tata Group since TCS went public in 2004. The IPO is scheduled to open on November 22 and close on …
ASK Automotive Limited specialises in manufacturing Advanced Braking Systems for two-wheelers in India and debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 304.90 per share, reflecting an 8% premium compared to the issue price of Rs 282 per share from its initial public offering. Conversely, …
Indian Fintech and payment facilitator, Paytm is all set to launch their highly anticipated IPO in October. As expected, 2021 has proved to be a highly active year for the Indian new-age tech start-ups in the primary market. The online food-delivery company, Zomato, has already joined the stock market with healthy participation from investors. Paytm …
Protean eGov Technologies Limited formerly known as NSDL e-Governance Infrastructure Limited, debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 729 per share, maintaining parity with the issue price from its initial public offering of Rs 324 per share. However, it’s important to note that the …
Securities and Exchange Board of India (SEBI) has approved several Initial Public Offerings (IPOs) as per an update on Monday. These companies, namely Capital Small Finance Bank, Jesons Industries and Uma Exports, received the market regulator’s observation letters on 7-8 February 2022. These companies had filed their draft red herring prospectus (DRHP) with SEBI between …
Companies have raised more than Rs 50,000 crores in 2021 from the primary market – a positive indication of buoyant market conditions caused by high liquidity conditions in the global market. The enthusiasm in the primary market mirrored the performance of the secondary market, which remained robust despite COVID-19 scares. More than half of the …
As the festive Diwali season approaches, investors seeking opportunities may consider the three IPOs currently open for subscription. This article provides a concise overview of each IPO, including their business, price range, size, and subscription details as updated on November 8, 2023. This information serves as a starting point for investors to conduct their thorough …
Shareholder lock-ins are a common feature of initial public offerings (IPOs) in India. Lock-ins prevent pre-IPO investors from selling their shares for a specified period of time, typically six months to two years. This is done to ensure that the post-IPO market is orderly and to prevent pre-IPO investors from dumping their shares on the …
