IPO Allotment Status: Applicants can check their allotment status online on the official websites of BSE and NSE, as well as the official website of the registrar of the respective IPO.
Bengaluru-based home & furnishings company Wakefit Innovations, and pharmaceutical firm Corona Remedies will be the first amongst them in the mainboard segment, opening IPOs on December 8 with price band of Rs 185-195 per share and Rs 1,008-1,062 per share, respectively.
AceVector IPO | The public issue is a combination of fresh issuance of shares worth Rs 300 crore, and an offer-for-sale of 6.38 crore equity shares by existing shareholders.
“When we created Biocon Biologics as a separate entity, the objective was clearly to attract investments and build global scale in biosimilars. We did that successfully, even acquiring Viatris’ biosimilars business for $3 billion. But markets kept devaluing both Biocon and Biocon Biologics because of debt overhang and holding company discount. Folding Biologics back into Biocon unlocks true value and gives us a much stronger balance sheet,” Mazumdar-Shaw said.
ICICI Prudential AMC IPO | It is entirely an offer-for-sale of 4.89 crore equity shares (9.9 percent of paid-up equity) by Prudential Corporation Holdings, with no fresh issue component.
Wakefit Innovations IPO | The company hit Dalal Street with its Rs 1,289-crore initial public offering.
Corona Remedies IPO | The company has finalised allocation of 18.34 lakh shares to anchor investors at the upper price band.
JSW Steel share price: JFE Steel on December 3 had announced that it will form 50:50 joint venture with JSW Steel for transfer of Bhushan Power & Steel integrated steel facility.
HCC share price: The rights issue will open on December 12, and will close on December 22.
Our research and opinion teams have curated a selection of articles and social media gems from the world of economy, business and finance for your weekend read.
CAMS stock split: CAMS had announced in October that its board of directors has considered and approved a stock split in the ratio of 1:5.
Gaja Capital IPO | The home-grown alternative asset management company will issue fresh shares worth Rs 549.2 crore, while existing shareholders including promoters will be offloading Rs 107 crore via offer-for-sale.
IndiGo share price: DGCA has withdrawn a rule than barred airlines from substituting weekly rest with leave, after IndiGo's massive flight cancellations.
IndiGo share price: IndiGo has cancelled all domestic flights departing from Delhi until midnight. The total number of cancellations in recent days has now crossed 1,000.
Vidya Wires IPO GMP: Vidya Wires launched its IPO earlier this week to raise over Rs 300 crore at a price band of Rs 48-52 per share.
Aequs IPO GMP: The Rs 922-crore IPO received bids for over 427 crore shares, as against the offer size of 4.20 crore shares.
Moore Threads' share frenzy stands out in an otherwise sluggish market, signaling strong investor appetite in specific sectors like this year’s AI winners.
Kaynes Technology share price: The shares have extended significant losses for the second day after Kotak Institutional Equities raised concerns over inconsistencies in the company's related-party disclosures.
SKF India (Industrial) share price: Earlier in 2024, SKF India's board had approved a plan to demerge its automotive business from its industrial segment. The demerger became effective on October 1.
HUL demerger: Listing of the demerged Kwality Wall's India shares will be undertaken in due course of time.
Park Medi World has reduced its IPO size from Rs 1,260 crore planned earlier as per the DRHP, which was comprised of fresh issue of Rs 960 crore worth shares, and an offer-for-sale of Rs 300 crore.
BAT is the second-biggest shareholder in ITC Hotels. It inherited the stake through its shareholding in ITC, which spun off its hotels business in January.
The court held that the trust failed to comply with Sections 50 and 51 of the MPT Act, which require prior approval for suits involving trustees and public trust property.
Analysts expect the underperformance of rupee to continue in the near term, especially if crude oil prices stay elevated and foreign investors remain risk-averse.
Ashok Hinduja told The Economic Times that IndusInd International Holdings (IIHL) is looking for a strategic partner with global expertise who wants to come in as a minority investor in IndusInd Bank.
