Ola Electric shares, which have rallied 49% since their listing, are drawing attention on Wednesday as the company prepares to announce its first-quarter results for FY2025. On Friday last week, the company announced that its board will be holding its first board meeting after the listing on August 14, announcing the first quarter results for … Read more
The initial public offering of Awfis Space Solutions closed on Monday, with bids exceeding more than 108 times the shares the office sharing company has put up for sale. According to data from the BSE, the public issue received bids for more than 936.8 million shares against the 8.62 million shares on offer. The category … Read more
Kamesh Goyal, Chairman, Go Digit, says India’s market penetration, at 1% of the GDP, is really small. In the next 5 to 10 years, if we move from 1 to 1.3, 1.25% of the GDP, the opportunity for growth is just enormous. “As long as India does well, the journey in our business is long … Read more
The shares of Popular Vehicles and Services debuted on the exchanges with a discount of 2% on Tuesday. The stock listed at Rs 289.2 on NSE, compared to an offer price of Rs 295. Meanwhile, the stock listed at Rs 292, down 1% on BSE. Ahead of the listing, the company’s shares had no premium … Read more
The shares of Deem Roll Tech debuted with a premium of 55% on the NSE SME platform on Tuesday. The stock listed at Rs 200 as against an offer price of Rs 129. Ahead of the listing, the company’s stock traded with a premium of Rs 88 in the unlisted market. The IPO, which is … Read more
Mumbai: The partly paid-up shares of Indiabulls Housing Finance Rights listed on Friday at ₹92 per share, as against its intrinsic value of ₹88.75, following a strong response to the rights issue last week. The stock surged to a 20% upper circuit after listing, closing at ₹106.50. The intrinsic value of the partly paid shares … Read more
Shares of AIK Pipes And Polymers listed at a premium of 12.36% on the BSE SME platform on Tuesday. The stock debuted at Rs 100 as against an issue price of Rs 89. Ahead of the listing, the company’s shares commanded a premium of Rs 5 in the unlisted market. The Rs 15 crore IPO … Read more
Happy Forgings IPO listing: Happy Forgings had a great start in the stock market, with its shares debuting at a high 18% premium over the initial public offering (IPO) price. On the Bombay Stock Exchange (BSE), the stock started at Rs 1001.2, a significant increase from the Rs 850 issue price. Simultaneously, on the National … Read more
Mumbai: The Association of Mutual Funds in India (AMFI)’s small-cap stock classification formula is likely to face challenges in the upcoming semi-annual reclassification, especially given the significant uptick in stock prices and the listing of new companies. The market capitalisation of stocks in the small-cap category, as per the existing formula, surpasses $3 billion (₹25,000 … Read more
In recent days, the conventional greetings among friends and colleagues have shifted from “Namaste” and “Kaise Ho” to a new trend centered around “IPO Allotment Laga kya” due to the heightened excitement surrounding initial public offerings (IPOs) and their remarkable market debuts. This enthusiasm is fueled by a pervasive Fear of Missing Out (FOMO) among … Read more