In the vibrant landscape of India’s snack industry, Prataap Snacks Limited (PSL), known for its popular brands “Yellow Diamond” and “Avadh,” entered the market with high expectations during the 2017 Bull Run. However, the company’s performance post-IPO serves as a compelling lesson for investors on the perils of overpaying for initial public offerings. The Rise …
IPOs have been gaining attention and generating excitement among investors. In this article, we’ll provide a brief overview of the 7 IPOs scheduled to open this week. These consist of 5 IPOs from the main board and 2 IPOs from the SME segment. Collectively, these 7 IPOs aim to raise approximately Rs 7,377 crore, with …
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 …
