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The initial public offer of IRB InvIT Fund was oversubscribed 1.26 times till afternoon trade on the last day of the offer today.
As a principle of financial planning, investment in gold should be in the range of 5-10 per cent of one's financial portfolio.
IDFC Asset Management Company today launched an open-ended fixed income fund and hoped to mop-up revenue in the range of Rs 300 crore-500 crore from the scheme in the NFO period itself.
Advertising revenue was up 3.4 percent at Rs 955.4 crore in Q3 FY17 while subscription revenue grew 13.7 percent at Rs 593.5 crore in year-ago period.
Reliance Mutual Fund will launch second tranche of CPSE ETF tomorrow and it is open for subscription till January 20, 2017. Watch the interview of Feroze Azeez, Deputy CEO at Anand Rathi Private Wealth and Hemant Rustagi of Wiseinvest Advisors in which they shared their views of the CPSE ETF and whether one should be applying for that.
Vaccine manufacturing firm GreenSignal Bio Pharma has extended its initial public offer by three days to November 17 amid lukewarm response from investors.
Indore-based Agro Phos India, has taken the SME markets by storm garnering a whopping subscription of over Rs 200 crore -- the largest subscription ever received by an SME IPO.
PNB Housing Finance, promoted by Punjab National Bank, and PepsiCo's largest franchise bottler Varun Beverages will list their shares on Monday and Tuesday, respectively.
The IPO of Varun Beverages, PepsiCo's largest franchise bottler, was oversubscribed on the second day of the offer today, riding on strong demand from institutional investors.
The regional channels‘ bouquet of Zee Entertainment along with the Hindi movies cluster drove the healthy growth in second quarter advertising revenues, says Chief Finance & Strategy Officer Mihir Modi.
The Authority (TRAI) has decided to examine the tariff structure so that the business models provide all consumers freedom to choose from an array of attractive and affordable a-la-carte channels and bundled broadcast TV services as per their preferences and paying capacity
State-owned Hindustan Copper's share sale today garnered 1.56 times subscription, totalling Rs 500 crore, with most of the bids coming from LIC and mutual funds.
The Rs 900-crore IPO, received bids for 51,37,696 shares against the total issue size of 72,80,000 shares, showed the NSE data for 1715 hrs.
In an interview with CNBC-TV18, Kapil Wadhawan, CMD of DHFL, talked about its Rs 2,000-crore non-convertible debenture (NCD), which got over-subscribed six times on day 1 of issue, and explained why the company priced the issue attractively in a falling rate environment.
State-run NTPC has received bids amounting to Rs 1,250 crore for its taxable secured non-convertible debentures issue of Rs 500 crore.
The initial public offering of private sector lender RBL Bank garnered 66 per cent subscription today on the first day of the issue.
With a bullish stance, Prabhudas Lilladher says that the bank has stayed away from stressed sector lending like steel/power/infra which has helped it to maintain its asset quality at better levels compared to peers despite 60 percent loans in corporate & MSME.
Garment maker S P Apparels' initial public offering (IPO) was oversubscribed nearly three times on the last day of the issue today.
Focus on building its digital business and maintaining high revenue productivity per employee is one of the priorities of the L&T Infotech, say the company's MD and CEO Sanjay Jalona.
Media firm Zee Entertainment Enterprise Ltd (ZEEL) is focusing on strengthening its digital footprint in the global market as it senses a good opportunity in it.
Following years of speculation, the third initial public offering (IPO) from the L&T Group, is finally happening.
The initial share sale of country's second largest CNG retailer Mahanagar Gas continued to witness strong investor response with the issue getting oversubscribed 3.92 times on the second day of the three-day offering.
Earlier this week, OBC had informed about raising capital on private placement basis by issuing Basel-III compliant tier-II bonds up to Rs 500 crore with an option to retain over-subscription of up to Rs 500 crore.
The company, which has already received in-principle nod to set up a small finance bank, is the second microfinance firm to go public this fiscal. Another microfinance firm Equitas Holdings came out with its IPO last month.