Dr Agarwal’s Healthcare IPO GMP (January 28) Highlights: Dr Agarwal’s Healthcare public offer to open tomorrow - Check price band, GMP and listing date

• Nakul Jain, Managing Director and CEO of Paytm Payments Services Ltd (PPSL) has resigned from the company and has decided to pursue an entrepreneurial journey, according to a statutory filing by One 97 Communications.
• PPSL is actively working on identifying a suitable replacement and will announce the new appointment in due course, the filing said adding that in the interim, the company remains focused on driving growth and continuing to meet its business objectives.
• "We wish to inform you that Paytm Payments Services Ltd (PPSL) our wholly-owned material subsidiary company has informed us..that Nakul Jain, Managing Director and Chief Executive Officer (CEO) of PPSL, has resigned from his position w.e.f. close of business hours on March 31, 2025, or an earlier mutually agreed date," it said. (PTI)

The US International Development Finance Corporation (IDFC) remains committed to financing energy transition, climate investment, and digital inclusion in India, an IDFC official told Moneycontrol in a written response. The agency had committed funding support worth $1.5 billion last year under India's clean economy agreements. (Read More)

• Trade for March-loading Russian oil in top buyer Asia has stalled as a wide price gap between buyers and sellers emerged in China after costs for chartering tankers unaffected by U.S. sanctions jumped, according to traders and shipping data.
• Washington imposed fresh sanctions on Jan. 10 targeting Russia's oil supply chain, causing tanker freight rates to soar as some buyers and ports in China and India steered clear of sanctioned ships.
• Offers for March Russian ESPO Blend crude exported from the Pacific port of Kozmino jumped to premiums of $3-$5 a barrel to ICE Brent on a delivered ex-ship basis (DES) to China after freight rates for an Aframax tanker on the route surged by several million dollars, three traders familiar with the grade said. (Reuters)

The allocation to anchor investors for Dr Agarwal's IPO is set to take place today, Tuesday, January 28. The IPO consists of a fresh equity share issuance worth Rs 300 crore, along with a sell-off of 6.78 crore shares, totaling Rs 2,727.3 crore, from existing stakeholders.

The price band for Dr Agarwal's IPO has been set between Rs 382 and Rs 402 per equity share, with a face value of Re 1. The lot size for the IPO is 35 equity shares, and subsequent lots can be purchased in multiples of 35 shares.

The company provides a wide array of eye care services, such as cataract and refractive surgeries, consultations, diagnoses, non-surgical treatments, and the sale of optical products, contact lenses, accessories, and eye care pharmaceuticals. As per the CRISIL MI&A Report for the financial year 2024, the company held around 25% of the total eye care service market share in India.

Dr Agarwal's Healthcare IPO opens for subscription on January 29, offering a variety of eye care services. The company holds around 25% of the market share in India and plans to use the funds raised for debt repayment and acquisitions. The IPO price band is set between Rs382 and Rs402.

A case was registered against Infosys co-founder Senapathy Kris Gopalakrishnan, former IISc Director Balaram and 16 others under the Prevention of SC/ST Atrocities Act on Monday. The case was registered at the Sadashiva Nagar police station based on the directions of the 71st City Civil and session court (CCH). The complainant, Durgappa, who belongs to the tribal Bovi community, was a faculty member at the Centre for Sustainable Technology at the Indian Institute of Science (IISc). (Read More)

While there are no official statements either from IIFL or I-T officials, sources cited by CNBC-TV18 said that the search ops are being carried out over alleged tax evasion.

The Income Tax Department's investigation wing has been conducting searches on the IIFL Group since this morning, covering all of its offices in Mumbai. According to the latest reports, the searches are related to the accounting of certain loans. The company has yet to release an official statement on the matter.

The latest Greed and Fear note by Chris Wood said that Jefferies has reduced exposure to chipmakers Nvidia and TSMC by up to 2 percentage points, and has exited ASML and South Korean semiconductor company Hynix, while increasing weightage of HDFC Bank in its portfolio to 4%. (Read More)

If we look at the latest trends from the unofficial market, there is no GMP buzz around CLN Energy SME IPO's listing. If thee current trend persists, the SME IPO will witness a flat market debut. The price band of the IPO is Rs 250.

The company plans to use the funds raised from the public issue for purchasing machinery and equipment, meeting working capital requirements, and covering general corporate purposes.

During the subscription period from January 23 to 27, investors applied for 1.05 crore equity shares, compared to the offer size of 20.71 lakh shares, according to BSE subscription data. Retail investors subscribed to 6.55 times their allotted quota, while non-institutional investors subscribed to 6.51 times their reserved portion. Qualified institutional buyers subscribed to 1.07 times the shares allocated to them.

The company opened its public issue on January 23, aiming to raise Rs 72.3 crore from the capital markets at the upper end of the price band, set at Rs 235-250 per share. The book-built issue consisted entirely of a fresh issue of 28.92 lakh shares.

CLN Energy will finalise its IPO share allotment today. Investors can verify their allotment status through the BSE or Bigshare Services websites using their application number or PAN. The stock is anticipated to have a flat to slightly negative listing. As a manufacturer of lithium-ion batteries and EV components, CLN Energy has demonstrated strong revenue growth. Additionally, the global lithium-ion battery market is projected to experience significant growth.