Waaree Energies beats Tatas and Bajaj to set new IPO record with 97.34 lakh applications (23-10-2024)
Bajaj Housing Finance previously held the record with 90 lakh applications, followed by Tata Technologies with 73 lakh applications. The Rs 4,321 crore IPO received a strong response, attracting bids worth Rs 2.41 lakh crore and achieving an overall subscription of 76 times, including 208 times in the institutional category and 62 times in the non-institutional segment.
Jharkhand’s Hussainabad to become district if BJP wins, to be named after Ram or Krishna: Himanta Biswa Sarma (23-10-2024)
Assam CM Himanta Biswa Sarma promises to make Hussainabad a district named after Lord Ram or Krishna if BJP wins Jharkhand elections. Sarma vows to prioritize driving out Bangladeshi infiltrators by implementing the National Register of Citizens. He criticizes the current government for ignoring the issue, which changes the region’s demography.
First time I am asking votes for myself, says Priyanka Gandhi as she makes her debut election speech in Wayanad (23-10-2024)
Priyanka Gandhi Vadra made her debut election speech as a candidate in Wayanad, vowing to advance her brother Rahul’s legacy. Rahul praised her dedication, urging Wayanad residents to support her. Sonia Gandhi and other leaders highlighted her commitment amidst recent local tragedies.
Godavari Biorefineries IPO gets subscribed 27% on first day of bidding (23-10-2024)
The initial public offer of ethanol and bio-based chemicals maker Godavari Biorefineries Ltd got subscribed 27 per cent on the first day of bidding on Wednesday.
The initial share sale received bids for 30,45,042 shares, as against 1,12,74,739 shares on offer, as per NSE data.
The category for Retail Individual Investors (RIIs) received 48 per cent subscription, while the portion meant for non-institutional investors got subscribed 12 per cent.
Godavari Biorefineries Ltd on Tuesday said it has raised over Rs 166 crore from anchor investors.
The initial share sale is a combination of fresh issue of equity shares worth Rs 325 crore and an Offer-for-Sale (OFS) of 65.27 lakh equity shares valued Rs 230 crore, at the upper-end of the price band, by promoters and an investor. This translates into the total IPO size of Rs 555 crore.
Private equity firm Mandala Capital AG Ltd is offloading 49.27 lakh shares through the OFS route.
Price range for the offer is Rs 334 to Rs 352 per …
Bihar bypolls: Prashant Kishor changes candidates for two seats (23-10-2024)
Prashant Kishor’s Jan Suraaj party announced new candidates for two Bihar assembly seats ahead of the by-polls. Social activist Kiran Singh will contest from Tarari, replacing Lt. Gen. Shri Krishna Singh (Retd), and Mohd Amjad will replace Khilafat Hussain in Belaganj. Kishor assured that Jan Suraaj nominees will perform well.
Metro Brands Q2 Results: PAT at Rs 69.55 crore on high expenses, weak demand, misses estimates (23-10-2024)
Indian footwear retailer Metro Brands missed second-quarter profit estimates on Wednesday, as higher expenses weighed on muted sales growth.
Gold, silver hit new lifetime highs on wedding season demand (23-10-2024)
Rallying for the sixth straight session, gold and silver prices breached fresh record high levels in the national capital on Wednesday mainly driven by festive and wedding season demand, according to the All India Sarafa Association. Gold prices jumped by Rs 500 to an all-time high of Rs 81,500 per 10 grams while silver surged Rs 1,000 to Rs 1.02 lakh per kg.