Posts in category Business Standard
India Vix index sharply slumps 20%, the biggest drop in five years (23-04-2024)
Poll expectations, easing of global tensions likely causes
Heating equipment maker JNK India IPO receives 49% subscription on 1st day (23-04-2024)
The initial public offer of heating equipment maker JNK India received 49 per cent subscription on the first day of bidding on Tuesday.
The initial share sale received bids for 53,86,212 shares against 1,10,83,278 shares on offer, as per data available with the NSE.
The quota for Qualified Institutional Buyers (QIBs) got subscribed 67 per cent while the portion for Retail Individual Investors (RIIs) received 48 per cent subscription. The non institutional investors part fetched 25 per cent subscription.
The Initial Public Offer (IPO) has a fresh issue of up to Rs 300 crore and an Offer For Sale (OFS) component of up to 84,21,052 equity shares.
Those offloading shares in the OFS are promoters Goutam Rampelli, Dipak Kacharulal Bharuka, JNK Heaters Co Ltd, and Mascot Capital and Marketing Pvt Ltd, and a shareholder Milind Joshi.
The price range for the offer is fixed at Rs 395-415 a share.
On Monday, JNK India Ltd said it has garnered Rs 195 crore from anchor investors.
At the uppe
Jane Street saga echoes another warning for retail option traders (23-04-2024)
In India's derivatives market, where the average daily trading volume has surged nearly two-folds to Rs 440 trillion in just a year, algorithmic trades are not new
Wardwizard Innovations & Mobility appoints Director – Sales & Strategy (23-04-2024)
As the Director - Sales & Strategy (Domestic & International Sales), Khatri will be handling the Sales & Strategy for 2W/3W/4W business and exploring the International Market. He will be developing strategic plans for increasing sales to align with business goals. He will also take care of
Institutional Sales and Corporate Business.
RPP Infra Projects JV bags railways project of Rs 412.81 cr (23-04-2024)
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Board of ICICI Prudential Life Insurance Co. recommends final dividend (23-04-2024)
Of Rs 0.6 per share
Fund managers trim PSB exposure, see better value in private banks (23-04-2024)
MFs pull out Rs 2,500 crore in March from state-owned lenders; replough Rs 4,900 crore into private sector peers
Gokaldas Exports announces closure of QIP issue (23-04-2024)
Approves issue price of Rs 775 per equity share
Craftsman Automation will consider fund raising options (23-04-2024)
On 27 April 2024
Cyient DLM consolidated net profit rises 80.62% in the March 2024 quarter (23-04-2024)
Sales rise 30.46% to Rs 361.84 crore