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Deepak Builders & Engineers India Limited will launch its initial public offering (IPO) next week. The IPO, which begins on Monday, October 21, 2024, will shut for subscriptions on Wednesday, October 23, 2024. With a price band of Rs 192 to Rs 203 per share, this IPO has sparked significant interest, particularly given grey market … Read more
LTIMindtree, a provider of IT solutions, announced on Thursday that its consolidated net profits for the second quarter ended September 2024 increased by 7.75% year over year to Rs 1,251 crore. In the same time last year, it reported a profit of Rs 1,161 crore, according a regulatory filing. LTIMindtree Q2 results 2024 LTIMindtree announced … Read more
OBSC Perfection Limited plans to launch its initial public offering (IPO) from October 22 to October 24, 2024, with a price range of INR 95 to INR 100 per share. The IPO aims to raise INR 62.72 crore to INR 66.02 crore, with a minimum bid lot size of 1,200 shares. Stay updated on the … Read more
Ajmera Realty & Infra India shares gained over 8 percent on October 18 after the business raised Rs 225 crore on preferential offering of shares to marquee investors. The board of directors of the firm in their meeting held today approved the allotment of 31.64 lakh shares with a face value of Rs 10 per … Read more
October 22 is the date of the Danish Power IPO. A SME IPO, Danish Power aims to raise ₹197.90 crores through its IPO. The 300 shares that make up the market lot for the Danish Power IPO are priced between ₹360 and ₹380.Technologies, ABB India, Torrent Power, and Jakson Green. Danish Power manufactures a variety … Read more
Zomato stated in an NSE filing that company intended to raise further funds by selling new equity shares through a Qualified Institutions Placement (QIP). Through the exclusive sale of shares to institutional investors such as banks, insurance firms, and mutual funds, publicly traded corporations can raise cash through QIPs. A board meeting to address the … Read more
The majority of readers are probably already aware that within the last three months, ICICI Lombard General Insurance’s (NSE:ICICIGI) stock has dramatically increased by 10%. We question if this is the case in this case, given the market tends to reward good financials over the long run. We have chosen to highlight ICICI Lombard General … Read more
Hyundai Motor India’s IPO was successful in attracting interest on the last day of bidding, as offers totaling 22,70,16,055 shares were received against the 9,97,69,810 shares that were offered. This is a 2.28-fold oversubscription. Qualified Institutional Buyers (QIBs), who bid for 6.76 times the shares offered until around 3:03 PM on Thursday, were the driving … Read more
Lakshya Powertech IPO: Lakshya Powertech Limited is going to initiate an Initial Public Offering (IPO) with the goal of raising ₹49.91 crores by issuing a new batch of 27.72 lakh shares. October 16, 2024, is the start of the IPO subscription period, which runs through October 18, 2024. With a provisional listing date of October … Read more
The Rs 7.25 crore Goldstar Power IPO is a fixed price offering. Starting on September 27, 2017, the Goldstar Power IPO bidding period ran through September 29, 2017. October 10, 2017, saw the listing of the shares on NSE SME. The IPO price of Goldstar Power is ₹25 per share. An application must have a … Read more