Posts in category Business Standard
CoinEx’s June Brand Day is coming, with 50 per cent off on TON (19-06-2024)
New Delhi [India], June 20: In the first quarter of 2024, the Memecoin frenzy peaked, becoming a major highlight in the TON DeFi field. As an important part of the TON ecosystem, Memecoin is innovative in technology and supported by an active community that has strongly contributed to its development. The significant price increases of TON and Notcoin have recently driven the Memecoin in the TON ecosystem to new heights, attracting considerable market attention and sparking numerous discussions and expectations. The TON ecosystem has thus gained unprecedented popularity, demonstrating market recognition of Memecoin and further validating the immense potential of the TON ecosystem's future development.
Officer’s Choice maker Allied Blenders to float Rs 1,500 cr IPO on Jun 25 (19-06-2024)
Allied Blenders and Distillers Ltd, the maker of Officer's Choice Whisky, is set to launch its Rs 1,500 crore initial public offering (IPO) on June 25.
The initial share-sale will conclude on June 27 and the bidding for anchor investors will open for a day on June 24, according to the red herring prospectus (RHP).
The initial share-sale comprises fresh issuance of equity shares worth Rs 1,000 crore and an Offer-for-Sale (OFS) of shares to the tune of Rs 500 crore by promoters.
As a part of the OFS, Bina Kishore Chhabria, Resham Chhabria Jeetendra Hemdev and Neesha Kishore Chhabria will sell shares.
Proceeds from the fresh issue worth Rs 720 crore will be used for the payment of debt, besides, a portion will be used for general corporate purposes.
The total debt on the company's books was around Rs 808 crore as of December 2023.
Allied Blenders and Distillers, which filed preliminary IPO papers with Sebi in January, obtained its nod in May to launch the public issue.
With a marke
Three smallcap funds corner bulk of category inflows: Elara Capital report (19-06-2024)
One scheme has raked in over half of the inflows in this year so far, says a report by Elara Capital
Retail investors share in equity AUM pie shrinks for third straight year (19-06-2024)
Equity MF schemes have seen a surge in investors' interest in recent years amid a bull run in the equity market
All India Retail Sales Up 3% On Year In May 2024 (19-06-2024)
Powered by Capital Market - Live News
Lark Trading & Finance standalone net profit declines 62.50% in the March 2024 quarter (19-06-2024)
Sales rise 40.91% to Rs 0.31 crore
Alirox Abrasives reports consolidated net loss of Rs 0.04 crore in the March 2024 quarter (19-06-2024)
Sales reported at Rs 0.11 crore
Borosil Scientific standalone net profit rises 4.50% in the March 2024 quarter (19-06-2024)
Sales rise 13.07% to Rs 102.66 crore
AWFIS Space Solutions reports consolidated net profit of Rs 1.38 crore in the March 2024 quarter (19-06-2024)
Sales rise 45.23% to Rs 232.32 crore
Balaji Agro Oils standalone net profit rises 980.00% in the March 2024 quarter (19-06-2024)
Sales decline 2.21% to Rs 29.58 crore