IT solution provider Mouri Tech has filed preliminary papers with markets regulator Sebi to raise Rs 1,500 crore through an initial public offering (IPO).
The Hyderabad-based company’s proposed IPO comprises a fresh issue of equity shares worth Rs 440 crore, and an offer-for-sale (OFS) of shares worth Rs 1,060 crore by promoters and an existing shareholder, according to the draft red herring prospectus (DRHP).
The offer includes a reservation for subscription by eligible employees,
Under the OFS, promoters Sujai Paturu, and Anil Reddy Yerramreddy will be selling shares worth Rs 615 crore, and Rs 316 crore, respectively. Further, existing shareholder Srinivasu Rao Sandaka intends to offload equity shares valued Rs 129 crore.
The company may consider raising Rs 88 crore in a Pre-IPO Placement round. If such placement is completed, the fresh issue size will be reduced.
Proceeds from the fresh issue to the tune of Rs 165 crore will be used for debt payment of its subsidiary MT USA an
IT solution provider Mouri Tech files IPO papers to raise Rs 1,500 crore (26-09-2024)
Digitization- A game changer for TV18? (26-09-2024)
In addition to what @Niranjan_Bhat have mentioned which was so to the point. The article from Economic times of today covers the major developments related to the merger between Disney’s Star India and Viacom18. Key points include:
- Board Appointments: Nita Ambani and Akash Ambani, along with key figures from Disney Star and Bodhi Tree, have been appointed to the board of Viacom18 ahead of the merger. The article also mentions the inclusion of other influential members like James Murdoch (Bodhi Tree) and Mohammed Ahmed (QIA).
- Combined Entity: Post-merger, the combined entity will hold a significant position in the media industry, with a portfolio that includes Disney+ Hotstar, JioCinema, and other major content platforms.
- Ownership Structure: Reliance Industries is expected to nominate six members to the Viacom18 board, while Disney Star will have three members, reflecting a major strategic collaboration.
- Viacom18’s Future: The merger solidifies Viacom18’s leadership in the Indian media market, combining traditional TV channels with new OTT platforms to compete with global giants like Netflix and Amazon Prime.
In short, the merger will create a powerful media conglomerate, expanding its influence across TV and streaming services.
Mangalam Organics Ltd. – A promising Pine chemistry story (26-09-2024)
Based on data given above, camphor price index was ~120 in Q1FY25, ~160 a year ago and 215 two years ago. Only in Q2FY25 has the rise started happening.
Mudit’s Portfolio (Stage Analysis + Price Momentum) (26-09-2024)
@Raghul_Kuduva .Yes.Before subscribing to his website and committing my 25% of funds to this strategy, reading above article is the minimum you can expect from me. 
I have selected different universes. And screening criteria as well as re-balancing frequency is different , as my universe of stocks require that.
On top of that, I have added one more layer for eliminating stocks. Along with strategy criteria of lower than Worst held rank, I am also applying Stop loss at entry as well as Trailing stop loss, based on moving averages , using GTT feature of zerodha.
This will help me in retaining my major gains, at the cost of may be higher churn. But after advancement of more than 70-80% returns from my buying price, giving back those returns, while waiting for the stock to move beyond worst held rank, is too much for me…Again, the strategy is not straight away taken from Gita, Bible and Kuran, so if I am changing some parameters as per my thought process and to safeguard, there is very little chance of me going to hell. 
I will keep on fine-tuning it…I may add some fundamental filters too in future…but not immediately.
P.S. You might have observed from momo website where Mr. Khatavkar also gives his monthly performance transparently. From last 2 months, that I have started this strategy, I have outperformed his returns by 3-4% , but its not comparable as my universe is different.
Swiggy files IPO, aims to raise Rs 3,750 crore through fresh issue (26-09-2024)
Sources, however, added that the company may decide to upsize the fresh issue component by another Rs 5,000 crore, taking the total fresh issue component up to Rs 11,600 crore
Sebi chief Buch hopes corp bond mkt grows as rapidly as equities (26-09-2024)
Sebi chairperson Madhabi Puri Buch expressed optimism about the growth of the corporate bond market, driven by technology and transparency. She highlighted healthy primary market activity but noted a lack of secondary market engagement. Buch also addressed recent allegations against her and discussed upcoming regulations and initiatives at an Amfi event in Mumbai.
Swiggy files for IPO; aims to raise about Rs 37.5 billion (26-09-2024)
Swiggy, backed by Softbank, plans to raise Rs 37.5 billion ($448.56 million) in its IPO, one of India’s biggest listings this year. Existing shareholders like Accel India and Tencent Europe will sell about 185.3 million shares. The IPO comes amid a booming market with significant investments in quick commerce.