Public Sector Banks (PSBs) have recorded the combined net profit surged to an all-time high of ₹1,29,426 crore during April-December 2024, registering a 31.3 per cent year-on-year (YoY) growth.
1 min read6 Feb 2025Chamunda Electricals IPO began on February 4, showing robust investor interest. The price band is ₹47-50 for 29.19 lakh shares, aiming to raise ₹14.60 crore. The IPO closed on February 6.
2 min read6 Feb 2025Upcoming IPO: Bengaluru-based workspace provider WeWork India filed its initial draft papers with SEBI on February 1. The company aims to raise funds from the stock market via an entire offer-for-sale issue.
1 min read2 Feb 2025Biocon plans to list its biosimilars business by March 2026, targeting a double-digit market share in the U.S. with five new launches. The company aims to complete its integration with Viatris and refinance debt before going public.
1 min read1 Feb 2025Ellenbarrie Industrial Gases received the Securities and Exchange Board of India’s approval to raise funds from the Indian stock market.
1 min read29 Jan 2025H.M. Electro Mech IPO allotment status is expected on January 29. The IPO was subscribed 91.75 times, with retail investors booking 95.55 times. Shares may list at ₹90, reflecting a 20% premium over the IPO price of ₹75.
1 min read29 Jan 2025Rexpro Enterprises IPO shows a grey market premium of ₹10, indicating a potential listing price of ₹155. The IPO was oversubscribed 17.67 times, with retail subscriptions at 27.12 times. Allotment results will be available on January 27.
1 min read27 Jan 2025Dr. Agarwal’s Health Care operates 165 facilities in India and 15 in Africa, focusing on patient reach and brand visibility. The company aims to raise ₹3,027.26 crore through its IPO, set for January 29-31, 2025, with a price band of ₹382 to ₹402 per share.
3 min read27 Jan 2025Upcoming IPO: Jamnagar-based shipping and logistic solutions provider firm, Shreeji Shipping filed its initial draft papers with SEBI on January 25. The company aims to raise funds from the stock market via an entire fresh issue of equity shares.
1 min read26 Jan 2025GB Logistics Commerce IPO opened for subscription on January 24, attracting strong investor interest. The IPO aims to raise ₹25 crore, with shares priced between ₹95 and ₹102. Listing on BSE SME is scheduled for January 31.
2 min read28 Jan 2025The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared
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