On Friday, despite the Indian benchmark indices reeling under selling pressure, with Sensex and Nifty down by 0.50%, there’s reason for market participants to cheer. This reason stems from the listing of Bharti Hexacom Ltd. Strong Debut on NSE The IPO of Bharti Hexacom Ltd made a robust debut on NSE at Rs 755, against …
Swiggy’s Corporate Evolution The well-known food-tech giant Swiggy has recently made a big change by changing its Corporate Status by becoming a public one to a private one. The Brand also updated its corporate identity earlier in February when the business changed its name from Bundl Technology Pvt. Ltd to Swiggy Pvt. Ltd. This was …
The excitement surrounding IPOs is palpable, but there’s a lesser-known facet that’s gaining traction in financial circles: Pre-IPO placement. Ever wondered how much capital companies manage to gather through this route? Well, in FY24, the numbers are staggering! What is Pre-IPO Placement? So, what exactly is Pre-IPO Placement? It’s essentially a private offering of shares …
On the last day of the bidding process, Friday, April 5, 2024, the Initial Public Offer (IPO) of Bharti Hexacom Limited was subscribed to 29.88x. The retail portion was subscribed to 2.82x, while 48.57x in Qualified Institutional Buyers (QIB) and 10.51x in the Non-Institutional Investors (NII) category. The share allotment will likely take place on …
On Day 2 of the bidding process, Thursday, April 4, 2024, the Initial Public Offer (IPO) of Bharti Hexacom Limited was subscribed 1.12x. The retail portion was subscribed to 1.15x, while 0.82x in Qualified Institutional Buyers (QIB) and 1.71x in the Non-Institutional Investors (NII) category. When we look at the Bharti Hexacom IPO subscription day-wise, …
Trust Fintech is a software development company that specialises in providing core banking software, IT solutions, ERP implementation, and customized software solutions development for the BFSI sector, debuted on the Indian stock market today. The stock of Trust Fintech opened at Rs 143.25 per share on the NSE, indicating an impressive 41.83% premium over the …
The much-awaited IPO, Bharti Hexacom Limited, a fixed-line telephone and broadband services provider, is now open for subscription from Apri 03, 2024 and will close on April 05, 2024. The allotment for the Bharti Hexacom IPO is expected to be finalised on April 8, 2024. Bharti Hexacom IPO will be listed on BSE and NSE …
In a significant move in the financial landscape, Kross, a trailer axle and suspension assembly manufacturer, and Saraswati Saree Depot have received the green light from the capital markets regulator SEBI to proceed with their fundraising endeavours by launching initial public offerings (IPOs). Kross’s IPO Details Kross initiated the process by filing draft papers on …
Blue Pebble Limited provides interior design and environmental branding solutions., debuted on the Indian stock market today. The stock of Blue Pebble Limited opened at Rs 199 per share on the NSE, indicating an impressive 18.45% premium over the final issue price of Rs 168 per share. The market capitalisation on the NSE stands at …
SRM Contractors is a construction and development company primarily engaged in the construction of roads (including bridges), tunnels, slope stabilization works, and other construction activities, debuted on the Indian stock market today. The stock of SRM Contractors opened at Rs 225 per share on the BSE, indicating an impressive 7% premium over the final issue …
