Frenzy unabated: Fifty one of the 166 companies see subscription of 100 times, with 12 logging over 300 times subscription
Posts tagged BL
India’s first rupee payment for UAE oil sparks search for more deals, no set targets (25-12-2023)
With over 85% oil dependence on imports, India aims to cut transaction costs by settling trades in rupees instead of dollars.
Steel Ministry panel rejects proposal for TMT bars made from ship-breaking plates (25-12-2023)
Recommendations emphasised the necessity for rigorous chemical testing and grade certification
AIK Pipes and Polymers sets IPO price at ₹89 per share; issue opens Dec 26-28 (24-12-2023)
The initial share-sale is entirely a fresh issue of 16.88 lakh equity shares and the company aims to raise about ₹15.02 crore from the IPO, AIK Pipes said in a statement
Global steel output goes up by 3.3% in November (23-12-2023)
Production in India increases by 11.4 per cent
AMFI classification: Top 52 small-cap cos command $3 bn in m-cap (23-12-2023)
The BSE Small Cap index has increased 46 per cent to 41,569 points so far this year against 28,421 points in the same period last year
Mutual fund investors flex muscle, beat FPI inflows hands down (23-12-2023)
Retail investors pour in Rs 3.31 lakh cr through MFs, much higher than FPI inflows of Rs 1.64 lakh cr
India’s forex reserves reach $615.97 billion, highest in 20 months (22-12-2023)
A substantial weekly increase of $9.11 billion, the second-highest in FY24, was attributed to decreased imports and softened crude oil prices.
IPO frenzy: 9 cos raise ₹6,120 cr in a week (22-12-2023)
Most of these issues were oversubscribed several times
SEBI to move to instant settlement in two phases (22-12-2023)
The move will enable faster pay-outs of securities and funds to investors, improve overall market efficiency, and enhance the overall risk management of clearing corporations (CCs), according to the regulator