Qualcomm Ventures, the investment division of Qualcomm Inc., will divest its 5% stake in MapmyIndia. With this, the company is hoping to gain a return equal to 20 times the weighted average price of Rs. 52 for each share that it presently holds. Qualcomm has remained an investor in MapmyIndia for 13 years. Find more …
Anand Rathi IPO was subscribed 9.78 times as of 6 December 2021. The public issue of this Mumbai-based company received bids for 8,29,21,509 shares. The total number of shares reserved was 84,75,000. This company expected to raise funds worth Rs. 660 crores at the upper end of the IPO price band. Established in 1994, Anand …
According to its latest annual reports, LIC (Life Insurance Corporation) had lowered its net NPA (Non-Performing Assets) to 0.05% in the financial year ended in March 2021. Its NPAs as of 31 March 2021 stood at Rs. 35,129.89 crores out of a total portfolio of Rs. 4,51,303.30 crores. This is lower than the net NPA …
In less than a month, 2022 is about to begin. This brings us to the right point where we can introspect about how the financial front of 2021 has been. The returns on equity and debt have been decent throughout the year with many stocks rallying to all-time highs stretching the Nifty to touch above …
December seems to be another action-packed month for IPOs, as several big ones get ready to launch. Metro Brands, a famous footwear retailer in India, has announced more of its IPO details. Those keen to subscribe to this company’s initial public offering may look at the details provided here before making a decision. So, let’s …
The South India based company Shriram Properties has announced several key details regarding its initial public offering launching on 8 December 2021. Investors looking to put their money in this IPO should get all the details below before taking the plunge. Shriram Properties IPO Details IPO Opening Date 8 December 2021 IPO Closing Date 10 …
The public issue of mining giant Tega Industries witnessed a subscription of 219.04 times on 3 December 2021, the IPO closing date. Against the reservation of 95,68,636 shares, the company managed to gain bids for 2,09,58,69,600 shares from various investor portions. Tega Industries is the second-largest manufacturer of polymer-based mill liners and offers a wide …
MapmyIndia Price According to a newspaper notice, CE Info Systems, which is best known for its MapmyIndia brand, has set the price range for its first public offering at Rs 1,000-1,033 per equity share with a face value of Rs 2 each. MapmyIndia IPO Date The offer will begin on December 9 and end on …
Sources close to the matter have reported that Snapdeal is looking to float its IPO with a $250 million offer. The company is choosing to go public after a stellar year for IPOs in 2021. Let’s get down to the details of the story. Details of Snapdeal’s Proposed IPO Sources close to Snapdeal, the e-commerce …
Given the slew of IPOs that November 2021 witnessed, it is no surprise that the month should set some stock market records. Companies performed well in the IPO, so much so that they have raised twice as much as in the historic November 2017. November 2017 had been another stellar year for IPO in the …
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