The National Stock Exchange (NSE) on Friday said its unique registered investors have surpassed 9 crore, with the latest 1 crore additions taking place in just five months.
The investor base has seen more than three-fold jump in the last five years, facilitated by rapid growth in digitisation, rising investor awareness, financial inclusion, and strong market performance.
“The unique registered investors on the National Stock Exchange of India crossed 9 crore on February 29, 2024,” the bourse said in a statement.
Besides, the total number of client codes registered with the exchange reached 16.9 crore. This includes all client registrations done till date. Notably, clients can register with more than one trading member.
Unique investor registrations at NSE have seen an accelerating trend over the last few years. While the increase from 6 to 7 crore unique investors took about nine months, the next crore investors came in eight months, and the jump from 8 to 9 crore took only five ..
Posts in category Business Standard
NSE crosses 9 cr unique investors mark; adds last 1 cr in 5 months (01-03-2024)
Maruti Suzuki India records 14.59% growth in Feb sales (01-03-2024)
Domestic sales including passenger vehicle sales, light commercial vehicle sales and sales to other OEM stood at 168,544 units, higher by 8.65% on YoY basis. Exports jumped 68% to 28,927 units.
Larsen & Toubro wins major orders from Ministry of Defence (01-03-2024)
The Ministry of Defence, Government of India, has awarded a major contract to Larsen & Toubro (L&T), for the supply of High Power Radars (HPR) to the Indian Air Force (IAF).
Tata Motors Feb sales up 8% (01-03-2024)
Total domestic sales stood at 84,834 units, higher by 9% on YoY basis. Domestic commercial vehicle sales declined 4% to 33,576 units while domestic passenger vehicle sales rose 20% to 51,267 units in February 2024 over February 2023.
Hindustan Aeronautics bags contact of Rs 5,249 cr from Ministry of Defence (01-03-2024)
These Aero Engines are expected to fulfill the need of Indian Air Force
(lA F) to sustain the operational capability of the MiG-29 fleet for the residual service life. The aero-engines will be manufactured under Transfer of Technology (TOT) license from the Russian OEM. The programme will focus on indigenisation of several high value critical components, which would help increase the indigenous content of future Repair and Overhaul (ROH) tasks of RD-33 aero-engines.
TVS Motor Company records 33% sales growth in Feb’24 (01-03-2024)
TVS Motor Company recorded monthly sales of 368,424 units in February 2024 with a growth of 33% as against 276,150 units in February 2023.
Bharat Highways InvIT IPO subscribed 8 times on last day of offer (01-03-2024)
The Initial Public Offer (IPO) of Bharat Highways InvIT received 8 times subscription on the last day of offer on Friday.
The IPO received bids for 82,53,24,300 units against 10,30,12,800 units on offer, according to data available with the NSE.
The portion for institutional investors got subscribed 8.92 times and the other investors’ portion received 6.93 times subscription.
The IPO, aggregating up to Rs 2,500 crore, had a price range of Rs 98-100 per unit.
Bharat Highways InvIT on Tuesday said it collected Rs 826 crore from anchor investors.
Proceeds from the issue will be utilised to provide loans to the project SPVs (Special Purpose Vehicles) for repayment of their outstanding loans.
Bharat Highways InvIT is an infrastructure investment trust established to acquire, manage, and invest in a portfolio of infrastructure assets in India.
Its initial portfolio consists of seven road assets, all operating on HAM (Hybrid Annuity Model) basis, in Punjab, Gujarat, Andhra Pradesh, …
Anant Raj raises Rs 25 cr via preferential issue of equity shares (01-03-2024)
Powered by Capital Market – Live News
Mukka Proteins IPO subscribed 6.96 times on the second day of offer (01-03-2024)
The initial public offer of Mukka Proteins, which manufactures fish meal, fish oil and fish soluble paste, received 6.96 times subscription on the second day of bidding on Friday.
The Rs 224 crore-initial share sale received bids for 38,99,15,490 shares against 5,60,00,435 shares on offer, as per NSE data.
The quota for Retail Individual Investors (RIIs) got subscribed 10.20 times while the category for non-institutional investors received 6.22 times subscription. The portion for Qualified Institutional Buyers (QIBs) fetched 1.86 times subscription.
The Initial Public Offer (IPO) of up to 8 crore equity shares is in a price range of Rs 26-28 a share. The issue is entirely a fresh issue with no Offer For Sale (OFS) component.
Mukka Proteins on Wednesday raised a little over Rs 67 crore from anchor investors.
Of the total proceeds, Rs 120 crore will be used towards working capital requirements and up to Rs 10 crore for investment in its associate, Ento Proteins, for funding its work
INR Clings Onto Gains As Local Stocks Hit Record Highs (01-03-2024)
Powered by Capital Market – Live News