New Delhi [India], February 23: CoinEx, a leading global cryptocurrency exchange, today announced an exclusive 50% discount on ETH purchases for CoinEx VIPs in honor of its monthly Brand Day on February 24. This limited-time offer caps off the launch of CoinEx’s new product, CoinEx Dibs, marking the exchange’s latest move to enhance its service offerings. CoinEx has been focusing on user needs and market trends, continuously optimizing product features, and continuously improving brand value.
Posts in category Business Standard
India’s stock market value to reach $10 trillion by 2030, says Jefferies (22-02-2024)
The nation’s market, currently the world’s fifth largest at $4.5 trillion, briefly overtook Hong Kong last month. Still, its weight in global stock indexes is below 2%
IT stocks lift Nifty to record high; Sensex ends 535 points higher (22-02-2024)
Benchmark indices swing over 1.6% in intraday trade
GPT Healthcare’s Rs 525 cr IPO gets 37% subscription on first day of offer (22-02-2024)
The initial share sale of GPT Healthcare Ltd, which operates and manages mid-sized multi-specialty hospitals under the ILS Hospitals brand, received 37 per cent subscription on the first day of offer on Thursday.
The Initial Public Offering (IPO) received 72,43,360 bids for shares against 1,97,63,327 shares on offer, as per NSE data.
The category for Retail Individual Investors (RIIs) got subscribed 66 per cent, while the quota for non-institutional investors received 18 per cent subscription.
On Wednesday, 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 divesting its entire shareholding in the company.
Price range for the offer is Rs 177-
Juniper Hotels’ Rs 1,800 cr IPO gets 23% subscription on 2nd day of offer (22-02-2024)
The initial share sale of Juniper Hotels, which runs hotels under the Hyatt brand, received 23 per cent subscription on the second day of offer on Thursday.
The Initial Public Offering (IPO) received bids for 66,03,040 shares against 2,89,47,367 shares on offer, as per NSE data.
The category for Retail Individual Investors (RIIs) got subscribed 87 per cent, quota for non-institutional investors received 14 per cent subscription, and the portion for Qualified Institutional Buyers (QIBs) received a mere 6 per cent subscription.
On Tuesday, Juniper Hotels said it has garnered Rs 810 crore from anchor investors.
The IPO is entirely a fresh issue of equity shares worth Rs 1,800 crore and the price band is Rs 342-360 apiece.
Funds to the tune of Rs 1,500 crore will be utilised for repayment of debt availed by the company and subsidiaries — Chartered Hotels Pvt Ltd and Chartered Hampi Hotels Pvt Ltd.
Besides, a portion of the proceeds will be used for general corporate purposes.
The .
Exicom Tele-Systems IPO to raise Rs 429 cr; sets price band at Rs 135-142 (22-02-2024)
EV chargers maker Exicom Tele-Systems Ltd on Thursday said it has fixed a price band of Rs 135-142 per share for its Rs 429 crore Initial Public Offering (IPO).
The initial share sale will be open for public subscription during February 27-29 and the bidding for anchor investors will open for a day on February 26, the company said.
The maiden public issue comprises a fresh issue of equity shares aggregating up to Rs 329 crore and an Offer For Sale (OFS) component of up to 70.42 lakh equity shares worth Rs 100 crore, at the upper end of the price band, by promoter NextWave Communications.
At present, NextWave Communications holds a 76.55 per cent stake in the company and HFCL, part of the promoter group, owns 7.74 per cent shareholding.
Overall, promoters hold 93.28 per cent stake in Exicom Tele-Systems.
Proceeds of the fresh issue will be used towards setting up production lines at the manufacturing facility in Telangana, investment in R&D as well as product development, and …
Dilip Buildcon update on Zuari Observatory Towers project in Goa (22-02-2024)
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TVS Supply Chain Solutions allots 87,30 equity shares under ESOP (22-02-2024)
Post allotment, the issued and paid-up equity share capital of the
Company stands increased from Rs 44,00,71,837/- comprising of Rs 44,00,71,837 equity shares of Rs 1/- each, fully paid-up to Rs 44,01,59,267/- comprising of 44,01,59,267 equity shares of
Rs 1/- each.
Mahindra Life sells over Rs 800 cr worth inventory at Mahindra Vista (22-02-2024)
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Board of Paisalo Digital approves raising up to Rs 1,260 cr via QIP (22-02-2024)
At meeting held on 22 February 2024