Posts in category Business Standard
SBI MF energy fund collects Rs 6,700 crore in new fund offering period (26-02-2024)
According to the fund house, the scheme received flows from across the country through nearly half a million applications
International mutual fund schemes see fresh round of restrictions (26-02-2024)
Nippon India, Mirae Asset stop taking fresh investments in their international schemes
Kotak Mutual Fund latest to place restrictions on smallcap funds (26-02-2024)
Investors can now put a maximum of Rs 200,000 as lumpsum each month and Rs 25,000 per month through the systematic investment plan (SIP) route
Food delivery company Swiggy changes registered name ahead of IPO (26-02-2024)
Swiggy is planning to file its draft red herring prospectus with the Securities and Exchange Board of India for its IPO in the next couple of days, aiming for an $11 billion IPO valuation target
GPT Healthcare IPO receives 8.5 times subscription on final day of bidding (26-02-2024)
The initial share-sale of GPT Healthcare Ltd, which operates and manages mid-sized multi specialty hospitals under the ILS Hospitals brand, was subscribed 8.52 times on the final day of the offer on Monday.
The Initial Public Offering (IPO) of GPT Healthcare received 16,84,27,600 bids against 1,97,63,327 shares on offer, as per NSE data.
The category for Qualified Institutional Buyers (QIBs) got subscribed 17.30 times, while the quota for Non-Institutional Investors received 11.02 times subscription. The portion for Retail Individual Investors (RIIs) got subscribed 2.44 times.
On February 21, GPT Healthcare Ltd said it has collected Rs 157.54 crore from anchor investors.
The Rs 525 crore IPO is a combination of a fresh issue of equity shares aggregating to Rs 40 crore and an Offer For Sale (OFS) of up to 2.6 crore equity shares by private equity firm BanyanTree Growth Capital II.
BanyanTree, which holds 2.6 crore shares, or 32.64 per cent stake, in Kolkata-based GPT Healthcare, is
Board of Ircon International appoints senior management personnel (26-02-2024)
On 26 February 2024
Supreme Court issues notice in Chitra Ramkrishna’s dark fibre case (26-02-2024)
The court has directed Ramkrishna to deposit half of the Rs 25 lakh penalty to stay the operation of the SAT order. The case will likely be heard again in March
MCX signs MoU with Jakarta Futures Exchange (26-02-2024)
For knowledge sharing and research
TVS Motor launches TVS HLX 150F with ecothrust engine (26-02-2024)
To mark milestone of 3.5 million customers in international markets
Market regulator Sebi warns investors of fraudsters claiming to be FPIs (26-02-2024)
This is the second caution against fraudsters in this month. This follows several complaints regarding such activities and entities