Shares of Sansera Engineering got listed on the stock exchanges on 24 September 2021 Friday. Following a successful initial public offering, this company had set the issue price at Rs. 744. Here, we’ll be looking into how this company’s D-Street debut turned out to be. Sansera Engineering Share Listing – Both NSE and BSE Sansera …
An Overview Eureka Forbes has been sold to Private Equity fund Advent International for Rs 4,400 crore by the Shapoorji Pallonji Group.The proceeds from the transaction will be used to reduce the 156-year-old conglomerate’s debt and focus on Afcons’ primary construction and engineering division. According to the SP group, the estimate of Rs 4,400 crore …
Popular fintech startup Mobikwik has filed its DRHP with the Securities and Exchange Board of India. The company has further mentioned its reservation of 7% equities for employee stock options. ADIA (Abu Dhabi Investment Authority) earlier valued the startup at $700 million. This came after the company raised $20 million in June. The startup says …
SEBI pulled up 8 entities for fraudulent trading practices on Monday. The entities were involved in buying and selling of Videocon shares in reversal and synchronised trades that affected the market value of these stocks. Here are the details of the same! Key Highlights Regarding Penalisation of 8 Entities The 8 entities which SEBI has …
The RBI deputy governor, M Rajeshwar Rao, has laid stress on the importance of bringing green finance into focus. As per news reports, the RBI deputy governor noted that there was a need to consider environmental impact in the commercial lending space. As part of the RBI’s deputy governor’s address reported in the media, he …
An Overview So far in September, foreign portfolio investors (FPIs) have been net purchasers in Indian markets, investing a total of Rs 16,305 crore. On a net basis, foreign investors invested Rs 11,287 crore in shares and Rs 5,018 crore in debt between September 1 and 17, according to depositories data. The entire net investment …
India’s leading ecommerce platform for used vehicles, Cars24, has raised $450 million in new funding round, nearly doubling its valuation to $1.84 billion. This includes a $340 million Series F equity funding round and a $110 million one from multiple financial institutions. The funding rounds were led by SoftBank Vision Fund 2, Falcon Edge, and …
An Overview According to a group of experts, India should postpone a plan to decrease stock transaction settlement times since it increases the danger of local brokerages defaulting and reduces the country’s appeal to international investors. The Securities and Exchange Board of India, India’s capital market regulator, has proposed allowing stock exchanges to offer next-day …
Surge in M-Cap In last week’s market evaluation, four out of the top ten most valued companies added a total of Rs. 65,464 crore. The most significant winners over the past trading week were Bharti Airtel and SBI. In the past week, the benchmark for 30-share BSE increased 710 points or 1.21%. On Thursday, for …
The National Stock Exchange (NSE) is reportedly weighing the possibility of withdrawing the stop loss market order facility for options trading, so as to curb losses in the wake of freak trades. It may be recalled that many incidents of freak trades have occurred in the recent past in the F&O segment, and stop loss …
