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If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
2022-12-06T14:36:31+05:30


Three hybrid schemes were among the top five schemes on the list. HDFC Balanced Advantage Fund was investor’s favourite in 2022.
2022-12-06T12:48:12+05:30


We reached out to Suresh Sadagopan, chief financial planner, Ladder7 Wealth Planners, to find out what he thinks about the investment space in 2022.
2022-12-06T10:53:19+05:30


As per the Sebi mandate, conservative hybrid schemes invest 75-90% in debt instruments and 10-25% in stocks. These schemes are meant for investors looking to invest a small part of their money in equity to get some extra returns.
2022-12-06T10:13:15+05:30


The one category that generated the most buzz in 2022 was in fact a debt fund category: target maturity funds or TMFs. The year saw a whopping number of new TMFs being launched by fund houses.
2022-12-06T09:48:55+05:30


SBI PSU Fund not only topped the return charts in its own category but also managed to outperform all the other equity-oriented funds across categories.
2022-12-05T13:16:24+05:30


Ankita Narsey,Owner, Oak Tree Personal Finance, a mutual fund distribution firm, says she remembers the year for the maturity shown by investors.
2022-12-05T13:07:50+05:30


​First, large cap mutual funds are mandated to invest in top 100 companies by market capitalisation. These large companies fare better in a volatile market as these companies may be market leaders and resilient to downturns. That is why if you are looking for a relatively safer mutual fund category, you should consider investing in large cap funds.
2022-12-05T10:23:19+05:30


While the portfolio is diversified, it takes large positions in the top few bets. The fund has lagged behind the index in recent years but retains outperformance over its category average.
2022-12-05T06:30:00+05:30


Nine out of 10 banks polled by ET expect the central bank to hike rates by 35 basis points - 0.35 of a percentage point - or less at the December 5-7 meeting of the monetary policy committee (MPC). While five of the nine predict a rate increase of 35 bps, two expect it will be in a range of 25-35 bps, another two project a 25 bps hike.
2022-12-05T06:19:10+05:30


2022-12-02T16:20:47+05:30


The good thing is that Indian mutual fund investors have matured a lot. Unlike the past decade, Indian MF investors bought on every dip.
2022-12-02T11:34:26+05:30


If we look at the inflows in these two funds categories in the calendar year 2022, it is Rs 33,920 crore in mid cap funds and Rs 29,240 crore in small cap funds, which is 10.71% and 9.23% of overall inflows in equity funds respectively.
2022-12-02T10:37:15+05:30


Among the sectoral funds, IT has been the worst affected this year. While infra and banking funds are up about 11% and 21% respectively, pharma funds are down about 6% so far.
2022-12-02T10:21:24+05:30


"Our preferred portfolio stance has been India-centric growth sectors like, financials, consumer discretionary and industrials for much of this year and this largely stays but pockets of value have started to emerge in some of the global-oriented sectors such as technology, pharmaceuticals, and commodities. Some of these would also receive support to their earnings from a weak currency."
2022-12-02T09:40:00+05:30


"Investors can start allocating small amounts to long duration products as the risk of mark-to-market loss has reduced significantly," says Sachin Jain, Mutual Fund Analyst, ICICI Securities.
2022-12-02T09:05:38+05:30


The capital markets regulator said in a communication to the industry on November 30, Telegram is rife with dubious groups masquerading as fund houses. Sebi's warning to the industry comes in the wake of instances where investors have been defrauded by these telegram group operators, said three mutual fund industry officials.
2022-12-02T06:51:21+05:30


This is a passive fund that is relatively low cost, compared to actively managed schemes that tend to have a higher expense ratio.
2022-12-01T14:18:47+05:30


“A positive thing has been the continuous SIP inflows by retail investors. So, clearly, the message that ‘timing the markets’ doesn’t work is reaching investors. This has supported Indian markets amid widespread foreign sell-off,” says Prableen Bajpai, founder, Finfix Research & Analytics
2022-12-01T12:28:01+05:30


The BHARAT Bond ETF is India's first corporate bond ETF and it is an initiative of the Government of India, from the Department of Investment and Public Asset Management and the latter has given the mandate to Edelweiss Mutual Fund to design, launch and manage the product.
2022-12-01T11:40:34+05:30


Online mutual funds distribution platform BSE StAR MF has surpassed its previous high to process record 2.32 crore transactions in November, clocking a growth of 10% month-on-month and 38% year-on-year.
2022-12-01T11:32:14+05:30


We reached out to NJ Mutual Fund, one of the new entrants in the mutual fund industry, to find out about its journey in the last one and a half year. Rajiv Shastri, Director and CEO, NJ AMC says that 2022 was challenging and he learnt a lot.
2022-12-01T11:10:27+05:30


IDFC AMC is one of the top 10 AMCs in the country with an average assets under management of over Rs 1.2 lakh crore. It has investment products across equities, fixed income, and hybrid.
2022-12-01T10:37:51+05:30


Equity indices have delivered 11-12% over a long period since 1995. Should a householder invest only in equities then? Probably that would not be wise.
2022-12-01T09:49:07+05:30


The regulator said the initial margin payable by the client to the stock broker should be in the form of cash, cash equivalent or equity ETFs.
2022-12-01T07:33:45+05:30


If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
2022-11-30T15:34:59+05:30


“In order to avoid inconsistency in investment by MFs in debt instruments of an issuer, irrespective of the scheme being actively or passively managed, it has been decided to introduce a similar credit rating based single issuer limit for actively managed mutual fund schemes,” Sebi said.
2022-11-30T11:28:24+05:30


Currently, credit risk-based single-issuer limits are allowed for debt exchange-traded funds to enable them to effectively manage the risk associated with such investments.
2022-11-30T08:14:09+05:30


​A Systematic Investment Plan (SIP) is a mode of investment offered by mutual funds. Using this method, an investor can put in a fixed amount of money at predefined intervals in a chosen mutual fund scheme.
2022-11-30T08:12:14+05:30


Foreign portfolio investors (FPIs) net bought Indian shares worth ₹1,241.57 crore on Tuesday, showed provisional data from the stock exchanges. So far this month, including Tuesday's provisional data, FPIs have purchased shares worth nearly ₹29,284 crore in the cash segment, the best in three months.
2022-11-30T07:14:31+05:30


“Segments like consumer durables where the valuations have not corrected and are not reflecting the current picture of some slowdown seen in the overall consumption, the competitive pressure is very high and the inability of the companies to pass on the pricing. That is leading to margin contraction and those probably are not getting fully reflected in the valuations.”
2022-11-29T15:10:46+05:30


The Quant ESG Fund is one-year old and is the topper in the category, where a few schemes like Invesco India ESG Fund, ABSL ESG Fund and Axis ESG Fund have offered negative returns in one year.
2022-11-29T13:54:42+05:30


If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
2022-11-29T11:10:27+05:30


"Equity valuations are above average and not cheap. There are pockets like banking and PSU stocks which are attractive, while consumption is expensive," said Rajeev Thakkar, Chief Investment Officer, PPFAS Mutual Fund.
2022-11-29T09:51:31+05:30


"Debt has become an attractive asset class today because of the higher yields amid rising interest rates," said Sankaran Naren, executive director, ICICI Prudential Mutual Fund.
2022-11-29T09:36:28+05:30


Union AMC today announced the inauguration of its first branch in North East in Guwahati. Union AMC is co- sponsored by Union Bank of India and Dai-ichi Life Holdings Inc. of Japan.
2022-11-29T09:35:30+05:30


An up-trending profit cycle, a likely peak in short rates in 1Q2023 and ebbing global macro risks relative to 2022 make the case for absolute upside to Indian stocks," said Morgan Stanley in a note to clients. "That said, India's relative gains may take a breather in 2023.
2022-11-29T07:08:58+05:30


HSBC Asset Management (India) has said that it has completed the acquisition of L&T Investment Management for a consideration of US$ 425 million, subject to closing adjustments.
2022-11-28T13:03:05+05:30


Nifty Indices linked passive funds account for 76% market share in terms of total number of equity and debt passive funds and 73% market share in terms of total Asset under Management (AUM) of equity and debt Funds in India.
2022-11-28T12:45:43+05:30


The investment objective of the scheme is to seek long term capital growth by investing in allocation ranging for equities between 65-80%, fixed Income and gold ETFs at 10-25% each along with up to 10% in units of REITs and INVITs.
2022-11-28T12:33:28+05:30


Alternatively, AMFI has suggested that holding period to avail long-term capital gains taxation in respect of Gold ETFs (exchange traded funds) should be reduced from existing three years to one year.
2022-11-28T10:07:05+05:30


The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals.
2022-11-28T06:30:00+05:30


While it had a track record of modest outperformance leading up to the recategorisation, it has been erratic in the past few years. Strong showing in 2020 and 2021 has been wiped away by sharp underperformance this year, hurting its long term track record. It needs to find its feet quickly to catch up with its peers.
2022-11-28T06:30:00+05:30


The Securities and Exchange Board of India (Sebi) said fund houses should pay dividends to unitholders within seven days and the redemption amount should be given within three days.
2022-11-26T08:11:11+05:30


The Nifty Pharma Index has grown at 9.52% annually since October 2012. For example, Rs.1,00,000 invested in the Nifty Pharma Index in 2012 would be worth Rs. 2,48,220 by the end of October 2022.
2022-11-25T15:51:15+05:30


Sebi's latest decision follows the Franklin Templeton episode, in which the fund house's few executives were accused of redeeming their holdings in the schemes ahead of the six debt schemes shutting for redemption.
2022-11-25T14:32:22+05:30


The industry body has also requested for various steps to be taken for the betterment of the mutual fund industry and investors and to deepen the equity market via mutual funds.
2022-11-25T14:24:17+05:30


Whenever the stock market crosses a psychologically-significant mark, many investors, especially mutual fund investors, inevitably ask: Should we do something different? Sell or buy something?
2022-11-25T11:16:42+05:30


The Scheme will be benchmarked against NIFTY 500 Multicap 50:25:25 TRI. The stock selection will be based on the “Fair Value” approach.
2022-11-24T13:52:34+05:30


If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
2022-11-24T10:52:11+05:30


Oil prices have been sliding with declining demand expectations and now sit more than 40% below a high of nearly $140 a barrel made shortly after Russia's invasion of Ukraine.
2022-12-07T08:22:45+05:30


2022-12-07T08:09:07+05:30


The U.S. central bank last month raised rates by 75 basis points during its fourth consecutive meeting to 3.75%-4%, but it also signaled hopes to shift to smaller hikes as soon at its next meeting.
2022-12-07T07:59:27+05:30


Data released on Monday showing U.S. services industry activity unexpectedly picked up in November and last week's robust U.S. payrolls report raised doubts about how soon the Fed might ease monetary policy.
2022-12-07T07:31:34+05:30


2022-12-07T07:27:53+05:30


It had risen nearly 0.3% overnight, extending a brief rally for a second straight session after upbeat U.S. services and factory data released at the start of the week pointed to underlying momentum in the world's largest economy.
2022-12-07T07:22:53+05:30


The U.S. trade deficit widened sharply in October as slowing global demand and a strong dollar pushed goods exports to a seven-month low, suggesting that trade could be a drag on economic growth this quarter if the trend persists.
2022-12-07T07:17:55+05:30


Most of the 11 major S&P sectors declined, with energy and communications services joining technology as leading laggards. Utilities, a defensive sector often preferred during times of economic uncertainty, was the only exception, gaining 0.7%.
2022-12-07T07:14:25+05:30


UK-headquartered investment firm and promoter abrdn Investment Management plans to sell its entire 10.21% stake in the HDFC AMC via block deal and will cease to be a co-sponsor of the company.
2022-12-07T07:09:04+05:30


The incoming investor in Concor will own well below 51% of the company, because the government is selling only a minority stake. The new investor's voting power over key resolutions that require shareholders' consent will thus be limited to the amount of shares it holds.
2022-12-07T06:19:24+05:30


There will be multiple rounds of bidding among resolution applicants until the highest bidder is identified. The highest offer of ₹5,231 crore from Piramal Enterprises-Cosmea Financial Holdings team for Reliance Capital and its units will be the base bid for the e-auction.
2022-12-07T06:07:42+05:30


2022-12-07T06:00:00+05:30


The National Asset Reconstruction Company's (NARCL) bid to take over the debt of the twin Srei Group NBFCs is being questioned by some bankers who believe the government-backed bad-loan aggregator, instead of competing with other funds to take over companies, should focus on its mandate: Consolidate bad loans from banks.
2022-12-07T00:30:57+05:30


Daiichi is seeking an audit of the dilution of FHL shareholding, alleged violation of undertakings and assurance by the former FHL promoters, the transaction between FHL and IHH, and an alleged clandestine transfer of ₹4,666 crore to RHT Singapore.
2022-12-07T00:13:04+05:30


Demand for coins and bars in the first nine months of 2022 at 117.1 tonnes was 8.83% higher from a year earlier. "The volatility in gold prices will continue till January," said Suvankar Sen, MD of Kolkata-based Senco Gold & Diamonds.
2022-12-06T23:50:35+05:30


The retailer of premium vehicles of automakers Mercedes Benz, Volkswagen, Honda and Fiat Chrysler in India is targeting notional revenue of more than Rs 7,000 crore in FY24, which would translate into a profit of Rs 150-170 crore, the people cited earlier told ET.
2022-12-06T23:02:32+05:30


RBI had hiked repo rate by 50 basis points thrice after the 40 bps initial hike to start the tightening cycle in April
2022-12-06T21:57:59+05:30


“The minor weakness with range-bound action continued in Nifty on Tuesday and the market closed the day lower by 58 points amidst volatility. After opening on a negative note, the market shifted into a narrow range movement which continued for the whole session. The opening downside gap remains partially filled,” Nagaraj Shetti, Technical Research Analyst at HDFC Securities, said.
2022-12-06T21:24:43+05:30


2022-12-06T20:50:24+05:30


"The company proposes to offer rated, unsecured, redeemable, non-cumulative, non-convertible debentures aggregating up to Rs 500 crore in one or more tranches and in this regard, is holding a meeting of its duly constituted Committee of the Directors on Friday," Vedanta said in a filing to BSE.
2022-12-06T20:35:35+05:30


Analysts said that foreign interest in domestic equities would continue due to India's favourable fiscal policies, growth outlook and moderation in inflation.
2022-12-06T20:32:27+05:30


Consequent to the stake sale, abrdn Investment Management will cease to be a co-sponsor of HDFC Mutual Fund; the sale could fetch the UK firm a little over Rs 4,700 cr
2022-12-06T20:24:42+05:30


Bank of America dipped 2.9% to lead declines in the financial sector. The lender's chief executive said the bank's research predicted three quarters of mild negative growth next year
2022-12-06T20:06:01+05:30


Dharmaj Crop Guard and Uniparts will be listed on the bourses in the next few sessions but their premia in the unofficial market have been retreating lately, considering the profit booking in the Indian markets.
2022-12-06T19:39:39+05:30


Secondly, many stocks have rallied 20-30% from their respective lows, but they are still 15-20% away from their respective 52-week highs. In the meanwhile, the market has reached a new high. Second, fundamentally IT over the last two decades has handled and negotiated many macro crises brilliantly,
2022-12-06T19:09:06+05:30


2022-12-06T19:05:26+05:30


2022-12-06T18:48:49+05:30


"Considering the unique nature of transaction and process involved in a PSU disinvestment spanning over a long period, such a requirement of determination of open offer price under the takeover regulations many a time acts as an impediment in fructifying such strategic disinvestment of PSUs,'' Sebi has said.
2022-12-06T18:40:00+05:30


VIL was of the view that by the time of issuing OCDs, the government would have converted the interest from deferment of adjusted gross revenue and spectrum dues owed by the company into equity.
2022-12-06T18:35:11+05:30


Some of the world's most influential central banks hold their final policy meetings of the year next week and much of the market action over the past month has focused more around how little, rather than by how much, they might raise rates.
2022-12-06T18:22:05+05:30


"Valuation wise what Maruti has been trading on last 10-15 years average it is already trading above that, so that valuation comfort, which was there earlier in automotive stocks especially Maruti is not there, so I would actually prefer Mahindra & Mahindra in this slot where valuation wise it is much more attractive than where Maruti is."
2022-12-06T17:56:59+05:30


Mixed global cues and concerns over the RBI monetary policy outcome on Wednesday prompted Indian indices to end Tuesday’s session with losses. Nifty ended at 18,643, down 0.31%, while Sensex declined 0.33% to close at 62,626.
2022-12-06T17:37:15+05:30


Vi’s regulatory filing comes a day after ET reported that ATC in a recent filing to the US Securities and Exchange Commission (SEC) has said the recent preferential bonds issue by Vi to it is subject to conditions that might not be met.
2022-12-06T17:29:36+05:30


The Nifty Bank index closed 0.45 per cent down at 43138.55.
2022-12-06T17:27:28+05:30


I have been auguring for for a long time with all carriers that we need to cross the oceans and plant our flag as we fly across the world and have a direct connectivity as oppose to making our hubs in countries that are approximately outside of India as opposed to making a hub in India and so I am glad that Air India is embarking on that road as well.
2022-12-06T17:26:12+05:30


The 30-share BSE Sensex closed down 208.24 points at 62626.36
2022-12-06T17:17:13+05:30


This is the standard description that we use in all web stories
2022-12-06T17:12:28+05:30


The NSE Nifty index closed 58.3 points down at 18642.75
2022-12-06T17:11:59+05:30


Five-Star Business Finance Ltd., Punjab Sind Bank, Donear Ind, Ponni Sugars and IDBI Bank, hit their fresh 52-week highs during the day.
2022-12-06T17:06:50+05:30


Chart readers say 18700 would be the key level to watch out for as an upside above the same could lead to a fresh uptrend rally till 18800-18850. Resistance is seen at 18600-18500 zone.
2022-12-06T17:04:33+05:30


The 30-share BSE Sensex closed down 208.24 points at 62626.36
2022-12-06T17:01:43+05:30


In the Nifty 50 index, 23 stocks ended in the green, while 27 stocks closed in the red in today's trade.
2022-12-06T16:56:36+05:30


The Nifty Auto index closed 0.26 per cent down at 12973.8.
2022-12-06T16:51:29+05:30


Fitch on Tuesday retained India's economic growth forecast at 7 per cent for the current fiscal, saying India could be one of the fastest-growing emerging markets this year. It, however, cut the projections for the next two financial years, stating that even though the country is shielded to some extent from global economic shocks but is not impervious to global developments.
2022-12-06T16:48:24+05:30


Last month the regulator announced a slew of changes in products, distribution, capital requirements, giving insurance companies the option to make their own choices, many of which required regulatory approvals before. India’s new business premium growth has been in double digits for the better part of the last decade and IRDAI’s easing of guidelines could extend the run, the consultancy said without quantifying how much it fasten growth by.
2022-12-06T16:47:37+05:30


The Nifty Realty index closed 0.68 per cent down at 463.4.
2022-12-06T16:46:22+05:30


In the Nifty50 index, 23 stocks closed in the green, while 27 stocks ended in the red.
2022-12-06T16:41:15+05:30


The 30-share BSE Sensex closed down 208.24 points at 62626.36
2022-12-06T16:31:01+05:30


The dollar index, which measures the strength of the greenback against a basket of six major currencies, hung on to most of the previous session's gains to be the last at 105.30
2022-12-06T16:28:50+05:30


FTX filed for Chapter 11 bankruptcy protection in the United States on Nov. 11 after its dramatic collapse, sparking fears of contagion and amplifying calls for more crypto regulation.
2022-12-06T16:22:02+05:30


The retailer of premium vehicles of automakers Mercedes Benz, Volkswagen, Honda and Fiat Chrysler in India is targeting notional revenue of more than Rs 7,000 crore in FY24, which would translate into a profit of Rs 150-170 crore, the people cited earlier told ET.
2022-12-06T23:02:32+05:30


Dharmaj Crop Guard and Uniparts will be listed on the bourses in the next few sessions but their premia in the unofficial market have been retreating lately, considering the profit booking in the Indian markets.
2022-12-06T19:39:39+05:30


The company is backed by Quadria Capital Fund and Rare Enterprises, which was set up by billionaire investor Rakesh Jhunjhunwala, along with his wife Rekha. The veteran stock market investor passed away in August this year.
2022-12-06T13:51:06+05:30


The company has slashed its issue size and is likely to raise about Rs 950-1,000 crore through its initial stake sale. However, the company earlier was eyeing to raise about Rs 1,200-1,400 crore via its IPO.
2022-12-06T13:26:37+05:30


The quota for qualified institutional buyers was subscribed 67.14 times, while the one reserved for non-institutional investors and retailers was subscribed 17.86 times and 4.63 times, respectively.
2022-12-06T13:01:32+05:30


Last heard, the shares of Dharmaj Crop Guard were commanding a premium of around Rs 50 in the grey market, hinting at a strong listing pop. The premium marched higher in the unofficial market after recent listings.
2022-12-05T15:46:23+05:30


As per the DRHP, the public issue comprises fresh issue of equity shares worth up to Rs 750 crore and an offer-for- sale (OFS) of up to Rs 250 crore.Promoter Sarvpriya Securities and investor International Finance Corporation will sell equity shares worth up to Rs 125 crore each.
2022-12-04T10:52:25+05:30


The Tata group firm filed documents with Sebi, Bombay Stock Exchange (BSE) and National Stock Exchange (NSE) on November 29. The firm advertised the move in some leading daily newspapers on Thursday. ET in its November 11 edition was the first to report about this development.
2022-12-02T06:54:37+05:30


The company is selling its shares in the range of Rs 548-577 apiece between November 30-December 2, with a lot size of 25 equity shares. The issue is entirely an offer-for-sale (OFS) of up to 14,481,942 equity shares.
2022-12-01T13:15:15+05:30


A confidential filing, as the moniker suggests, allows a company to privately file a registration statement for an IPO with the regulator for review, delaying the public filing until much closer to the actual IPO date.
2022-12-01T11:33:22+05:30


Dharmaj Crop's IPO had a fresh issue of up to ₹216 crore and an offer for sale of 14,83,000 equity shares. Its price range was ₹216-237 a share. Dharmaj Crop has raised ₹74.95 crore from anchor investors, including Elara India Opportunities Fund, Rajasthan Global Securities and Resonance Opportunities Fund.
2022-12-01T07:40:57+05:30


According to data from BSE, investors made bids for 9,06,84,780 equity shares or 11.32 times compared to the 80,12,990 equity shares offered for the subscription by 12.10 pm on Wednesday, November 30.
2022-11-30T13:35:31+05:30


The majority of the brokerage firms remain positive on the issue, citing reasonable valuations, strong business models, robust growth prospects and attractive opportunities. However, being entirely an OFS is a key risk to the issue, according to analysts.
2022-11-30T09:59:56+05:30


Uniparts India is a global manufacturer of engineered systems and solutions. It is one of the leading suppliers of systems and components for the off-highway market in agriculture and construction, forestry and mining and aftermarket sectors on account of its presence across over 25 countries.
2022-11-30T07:35:51+05:30


During Q2 2022, proceeds raised from main markets equated to $4,326 million via 13 IPOs compared to 4 IPOs raising $334 million during Q3 2022, a decline of 92% in the proceeds raised and a decline of 69% in the number of deals, as per the EY IPO trends report.
2022-11-29T18:57:35+05:30


The premium for the listing-bound Dharmaj Crop Guard and Uniparts India is moving higher in the unofficial market, hinting a strong listing pop for investors, if the optimism prevails for another few sessions.
2022-11-29T17:49:17+05:30


With the increasing share of the warehousing model, the company’s inventory days are elevated. In the previous three fiscal years, it had inventory days of 131-145. A high client concentration may affect financials if the business momentum from large clients moderates.
2022-11-29T17:41:01+05:30


The quota for retailers was subscribed 4.54 times, whereas the employees portion was booked 2.21 times. Portion for non-institutional investors fetched 3.29 times bids, and the portion for qualified institutional bidders was booked 36%.
2022-11-29T13:36:08+05:30


The category for Retail Individual Investors (RIIs) received 2.60 times subscription, non-institutional investors portion was subscribed 1.80 times and Qualified Institutional Buyers (QIBs) 35 per cent.The IPO has a fresh issue of up to Rs 216 crore and an offer for sale of 14,83,000 equity shares.Price range for the offer is at Rs 216-237 a share.
2022-11-28T19:25:27+05:30


As per the DRHP, the IPO will comprise a fresh issue of equity shares worth up to Rs 750 crore and an Offer for Sale (OFS) of up to Rs 250 crore
2022-11-28T18:24:29+05:30


The IPO of Uniparts India will close for subscription on Friday, December 2.
2022-11-28T14:19:08+05:30


The company is selling its shares in the range of Rs 216-237 apiece between November 28-30, with a lot size of 60 equity shares. The issue comprises fresh equity shares worth Rs 216 and an offer-for-sale (OFS) of Rs 35.15 crore.
2022-11-28T13:46:41+05:30


Dharmaj Crop IPO consists of fresh equity shares worth Rs 216 crore, with existing promoters and shareholders offloading 14,83,000 equity shares worth Rs 35.15 crore via offer for sale (OFS). Bids can be placed in the lot size of 60 shares.
2022-11-28T09:52:55+05:30


Rising expectations of aggressive rate hike cycles nearing an end on relatively easing inflationary curve, better than expected US macroeconomics data and resilience of the Indian economy compared to global counterparts are also driving FPI inflows.
2022-11-27T13:30:23+05:30


In August, the general insurance firm filed draft papers seeking approval from the Securities and Exchange Board of India (SEBI) to go public. The capital markets regulator had sent a written back to the investment bankers handling the IPO for certain clarifications in October and is awaiting a response.
2022-11-25T18:58:15+05:30


The company will sell its shares in the range of Rs 548-577 apiece with a lot size of 25 equity shares. However, this Rs 835.61 crore issue is entirely an offer for sale by the promoters and existing shareholders of the company.
2022-11-25T15:35:25+05:30


The company has five manufacturing facilities, two at Ludhiana, Punjab, one at Visakhapatnam, Andhra Pradesh, and two at Noida, Uttar Pradesh. It also has a manufacturing, warehousing and distribution facility at Eldridge (US).
2022-11-25T11:06:40+05:30


Dharmaj has a strong positioning in the agrichemical value chain with a portfolio of 414 agrochemical formulations and six agrochemical technicals. The company expanded the installed capacity significantly to 25,500 metric tonnes (MT) in FY22 compared with 9,150 MT in FY20.
2022-11-24T19:00:48+05:30


Paytm’s grim first anniversary underscores an erosion of confidence in its ability to become profitable after debuting at a time when India’s IPO market was enamored with tech startups. It’s one among a slew of startups that listed with valuations seen by many as exaggerated.
2022-11-24T12:30:24+05:30


It was subscribed 1.55 times. While retail investors bid for 4.7 times the allotted shares, only 50% of the high net-worth individuals' portion was subscribed.
2022-11-24T06:29:51+05:30


Investors can place a bid of a minimum of 60 equity shares and in multiples thereafter. Also, the issue is open for subscription till Wednesday, November 30. The anchor book will open for a day on November 25.
2022-11-23T09:20:19+05:30


The stock however, gave up part of its gains before closing at ₹690.10, up 17.6% over its issue price. The ₹858-crore IPO, in which shares were sold in the price band of ₹559-587 between November 10 and November 14, was subscribed over 34 times.
2022-11-23T05:59:48+05:30


The company's ₹1,960-crore IPO was sold in the range of ₹450-474 per share between November 9 and November 11. Only 70% of the IPO was subscribed but the issue sailed through as it met the criteria set by the Securities and Exchange Board of India for an IPO.
2022-11-22T05:54:47+05:30


The portion reserved for institutional investors was subscribed 48.91 times, while the retail quota was subscribed 9.96 times. The high-net-worth individuals' portion received bids for 14.9 times the shares reserved for them.
2022-11-22T05:51:36+05:30


Abhay Doshi, co-founder, UnlistedArena, said despite pricey valuations, the company has a strong business model leading to strong subscription during the three-day bidding process.
2022-11-21T17:27:12+05:30


Incorporated in 1995, Keystone Realtors is a Rustomjee Group company and is one of the prominent real estate developers. It is engaged primarily in the business of real estate construction, development and other related activities.
2022-11-21T14:29:35+05:30


Incorporated in 2012, Inox Green Energy Services is one of the major wind power operation and maintenance service providers in India. The company is a subsidiary of Inox Wind.
2022-11-21T14:20:42+05:30


Before jumping into any statistics, let's discuss what the macroeconomic situation has been over the last 10 months. The economy has witnessed a roller coaster ride of events, from the Russia-Ukraine War to skyrocketing inflation, markets have seen it all. High commodity prices have hit companies' margins all over the world.
2022-11-19T14:03:24+05:30


Last heard, the company's shares were being dealt at a premium of Rs 120-125 in the unofficial market, translated into a premium of about 30% compared to its issue price of Rs 407.
2022-11-19T12:50:27+05:30


Experts believe that one shall not expect a dry season for the primary markets but investor's interest and risk appetite have taken a hit after a long series of muted listings, which has dented both number and sizes of the issues.
2022-11-18T13:29:28+05:30


By the close of trading, however, Nykaa’s stock price recovered to close flat at Rs 185. With the post-IPO lock-in of shares ending for large investors, who had bought the stakes when these companies were private, market players feel there’s more pain for these scrips. For one, these stocks are expected to be weighed down further by large-size selling by early backers. Secondly, fearing a large sell-off, prospective investors will also be cautious to buy these stocks, a trader said.
2022-11-18T07:40:09+05:30


The IPO will include a fresh issue of shares worth up to Rs 1600 crore
2022-11-17T23:53:44+05:30


Analysts tracking the grey market said there is definitely the sentimental impact, particularly after the listing of Medanta, which continued to be in demand after the listing following the fund action.
2022-11-17T16:41:03+05:30


Indian IPOs raised a record $18 billion in 2021 on government efforts to foster startups combined with easy-money policy and a surge in retail trading during the pandemic. But investors have since dumped high-profile tech shares, even as the broader Indian stock market has outperformed global peers and scaled new peaks.
2022-11-17T14:09:24+05:30


The Mumbai offering may raise between Rs 30 billion and Rs 40 billion, they said, asking not to be identified as the information is private. The IPO may consist of about 75% primary shares and the rest in existing shares, one of the people said.
2022-11-17T12:36:48+05:30


According to the data from BSE, the investors made bids for 1,21,52,241 equity shares or 1.41 times compared to the 86,47,858 equity shares offered for the subscription by 12.15 pm on Wednesday, November 16.
2022-11-16T13:40:57+05:30


The hospitality industry body alleged that "OYO is responsible for the systemic depredation of the budget segment hotel business and its market as a means to achieve a notional billion-dollar valuation which is a serious cause of concern for the hospitality ecosystem of the country."
2022-11-15T21:30:17+05:30


KFintech is also the largest issuer solutions provider in India based on the number of clients serviced and holds a 43% market share based on the market capitalisation of NSE 500 companies and a 34% market share based on the number of clients serviced within NSE 500 companies, as on January 31, 2022.
2022-11-15T17:36:34+05:30


Analysts tracking the grey market said the issue received a strong response from institutional bidders which boosted the sentiments over the issue. One can expect a mildly positive listing for the stock.Abhay Doshi, co-founder at UnlistedArena said the company received a strong response from QIB bidders which pushed the morale of investors despite aggressive pricing. "One can expect 10-15% returns on debut."
2022-11-15T16:08:31+05:30


Global Health is one of the largest private multi-speciality tertiary care providers operating in North and East India. It has a network of five hospitals under 'Medanta' brand in Gurugram, Indore, Ranchi, Patna and Lucknow.Dealers tracking the grey market said the lower-than-expected response to the issue dented sentiments for the company and one should not expect any fireworks at listing.
2022-11-15T15:27:47+05:30

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