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Strangely, the favourite categories in 2022, flexi cap funds and large cap funds, saw outflows in November. On the other hand, debt mutual funds saw positive inflows worth Rs 3,668.59 crore, a big leap from October’s outflows.
2022-12-09T13:09:55+05:30


If I look at it from a behaviour perspective it is not happening on a immediate basis. But if you look at it from a longer term perspective then maybe it will take many more years to reach that crisis. I do not think it is happening. I think inflation is settling down, when we look at the core CPI number, things are changing globally. So I am not that pessimistic at this point in time the way market participants are.
2022-12-09T11:28:58+05:30


The relative outperformance of equity in India, with positive returns vis-a-vis sharp corrections across most large global markets - both developed and emerging, was certainly a big boost for Indian equity investors.
2022-12-09T09:52:05+05:30


Pathak expects yields to remain at these levels, given his prediction that India's central bank will hike policy rates one more time in February before pausing.
2022-12-09T09:31:56+05:30


Flexi cap schemes are typically recommended to moderate investors to create wealth over a long period of time. Ideally, one should invest in these schemes with an investment horizon of five to seven years.
2022-12-09T09:04:56+05:30


There were other equity mutual fund schemes that posted negative returns in 2022. However, we considered only 10 schemes that lost the most in 2022.
2022-12-08T11:07:40+05:30


Of the 10.21 per cent stake, abrdn Investment is looking to place up to 2,11,18,578 shares, amounting to 9.9 per cent with a single buyer, and the rest being sold separately.
2022-12-08T09:37:01+05:30


The MF equity exposure includes equity funds, balanced funds, solutions-oriented schemes and exchange traded funds (ETFs).
2022-12-08T09:33:31+05:30


I think the time has come for India-dedicated fund allocation. This is the cusp, and we will see between now and the next few years, a tsunami of money flowing to India. So, India will be the preferred market.
2022-12-08T09:31:12+05:30


Tax saving mutual funds or Equity Linked Savings Schemes (ELSSs) help you to save income tax under Section 80C of the IT Act. Here are our recommendations for 2023.
2022-12-08T09:31:07+05:30


Through the launch of this new series in the fourth tranche, Edelweiss Mutual Fund proposes to raise an initial amount of Rs 1,000 crore with a green shoe option of Rs 4,000 crore.
2022-12-07T13:29:57+05:30


Rate hikes and continued reduction in durable liquidity surplus are positive for short-term debt fund categories like the liquid fund.
2022-12-07T13:21:35+05:30


Nippon India Large Cap Fund was the topper among the active funds, with around 14% returns. HDFC Top 100 Fund was in the second position. The scheme offered around 13% returns. Taurus Largecap Equity Fund followed, with 11% returns. ICICI Prudential Bluechip Fund offered around 9% returns.
2022-12-07T12:50:22+05:30


This is the fifth rate hike by the central bank in this financial year. Prior to this, the RBI had raised the repo rate by 40 bps in May and 50 bps in June, August and September.
2022-12-07T11:17:31+05:30


Sebi mandates investors to be KYC (know your client) compliant before they start investing in a mutual fund scheme.
2022-12-07T09:44:48+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.
2022-12-06T14:36:31+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


Since the debacle of FTX, the concept of self-custody has become the talk of the industry, prompting more individuals to move funds from centralized services and into wallets, especially hardware wallets
2022-12-09T22:12:44+05:30


"We wish to submit that upon receipt of notice for conversion of FCCBs of principle value of USD 8,600,000 from certain holders of FCCBs, the Special Committee of Directors for Fund Raising has...on December 09, 2022,
2022-12-09T22:06:41+05:30


The capital was raised from 22 investors, including BNP Paribas Arbitrage, Morgan Stanley (Asia) Singapore Pte Ltd, Citigroup Global Markets Mauritius Pvt Ltd, Goldman Sachs and Abu Dhabi Investment Authority.
2022-12-09T21:54:18+05:30


In the US, only 14% Indians want to invest in FDs as against 20% in the UK
2022-12-09T20:45:47+05:30


The Reliance Capital's Committee of Creditors (COC) met on Friday and finalised the process and rules for conducting an e-auction for the bidders.
2022-12-09T20:36:30+05:30


Experts say Dalal Street will remain attractive because the return on equity is generally higher than FDs. “The lock-in period is 5 years in respect of tax saving FDs and to avail the favorable tax break the equity needs to be held for a period greater than 12 months, which is significantly less than FDs lock in,” said Archit Gupta, Founder and CEO, ClearTax.
2022-12-09T20:34:19+05:30


"The EU's oil embargo against Russia and the G7 price cap on Russian oil that came into force at the start of this week have been just as powerless to prevent this as the easing of coronavirus restrictions in China and robust Chinese crude oil imports have," Commerzbank analyst Carsten Fritsch said.
2022-12-09T20:13:52+05:30


Wall Street's main indexes have come under pressure in December after two consecutive months of gains on fears of a potential recession next year due to extended U.S. rate hikes
2022-12-09T20:09:00+05:30


2022-12-09T20:00:24+05:30


In October 2021, the country's foreign exchange kitty had reached an all-time high of USD 645 billion. The reserves have been declining as the central bank deploys the kitty to defend the rupee amid pressures caused majorly by global developments.
2022-12-09T19:37:45+05:30


"The April 2033 issue of Bharat Bond ETF has been oversubscribed 2.8 times against the base issue size of Rs 1,000 cr. The total collection has crossed Rs 2,800 crore," Pandey tweeted.
2022-12-09T19:22:16+05:30


Waters said in a series of tweets to Bankman-Fried that based on multiple media interviews since FTX collapsed that it was "clear to us that the information you have thus far is sufficient for testimony."
2022-12-09T18:58:53+05:30


Earlier this week, SBI announced that its personal banking advances, excluding high value home loans, have crossed the Rs 5 lakh crore-mark.
2022-12-09T18:54:58+05:30


One can necessarily extrapolate what one IT major has said for the rest of the sector, but importantly, the broader trend clearly is that there is a lot of nervousness with regard to the US economy, and whether we are going to hit a soft landing or soft recession or full-blown recession
2022-12-09T18:53:55+05:30


2022-12-09T18:41:20+05:30


The RBI in the past has said changes in its reserves is a function of revaluation gains or losses, as well as market interventions.For the week ended Nov. 25, the country's reserves were at $550.14 billion. Overall, they have declined from $632.7 billion at the beginning of this year, as the RBI has sold a portion of the reserves to ease volatility in the currency markets.
2022-12-09T18:31:56+05:30


Sebi, in November, had put in place operational guidelines pertaining to "scheme of arrangement" by entities who have listed their debt securities -- non-convertible debentures (NCDs) or non-convertible redeemable preference shares (NCRPS).
2022-12-09T18:27:21+05:30


"Investors are in a wait-and-see mode. They are just waiting for the Fed and the European Central Bank meeting next week, which are going to be the final key market driver for this year," said Carlo Alberto De Casa, external analyst at Kinesis Money.
2022-12-09T18:15:40+05:30


2022-12-09T18:00:41+05:30


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2022-12-09T17:36:47+05:30


The Nifty Auto index closed 0.3 per cent down at 12869.4.
2022-12-09T17:27:25+05:30


The weekly charts also painted a bearish tone in the near term. “The short term uptrend status of Nifty seems to have reversed down. Having moved below the crucial support of 18,550-18,500 levels, Nifty is expected to slide down to the next key lower support
2022-12-09T17:22:20+05:30


In the Nifty 50 index, 18 stocks ended in the green, while 32 stocks closed in the red in today's trade.
2022-12-09T17:22:17+05:30


The NSE Nifty index closed 112.75 points down at 18496.6
2022-12-09T17:17:09+05:30


HCL Tech, Tech Mahindra, Infosys, Wipro and Hindalco were among the top losers on NSE in today's trade.
2022-12-09T17:12:00+05:30


The Nifty Pharma index closed 0.36 per cent up at 12774.7.
2022-12-09T17:06:51+05:30


The Nifty Bank index closed 0.08 per cent up at 43633.45.
2022-12-09T17:01:43+05:30


In the Nifty50 index, 18 stocks closed in the green, while 32 stocks ended in the red.
2022-12-09T16:56:33+05:30


Vaishali Pharma, Cubex Tubings, YES Bank, Punjab Sind Bank and Crown Lifters, hit their fresh 52-week highs during the day.
2022-12-09T16:51:26+05:30


All the sectoral indices, barring Nifty FMCG and Nifty Pharma, ended in the red.
2022-12-09T16:46:13+05:30


The 30-share BSE Sensex closed down 389.01 points at 62181.67
2022-12-09T16:41:14+05:30


The premium for Uniparts India has been correcting recently and is currently hovering around Rs 40 apiece over the issue price of Rs 577 apiece. It was around Rs 60-65 earlier. This is suggesting a soft landing for the company.Analysts tracking the grey market said muted financial performance, less-than expected subscription and the latest volatility in broader markets are denting the listing prospects of the company.
2022-12-09T16:39:47+05:30


The 30-share BSE Sensex closed down 389.01 points at 62181.67
2022-12-09T16:31:01+05:30


The NSE Nifty index closed 112.75 points down at 18496.6
2022-12-09T16:25:50+05:30


The 30-share BSE Sensex closed down 389.01 points at 62181.67
2022-12-09T16:20:42+05:30


The 30-share BSE Sensex closed down 389.01 points at 62181.67
2022-12-09T16:15:34+05:30


The action follows a detailed corporate governance review by the company's board into allegations of lapses and misdoings during the tenure of Grover as managing director.
2022-12-09T16:14:07+05:30


The 30-share BSE Sensex closed down 389.01 points at 62181.67
2022-12-09T16:10:25+05:30


In the Nifty pack, 18 stocks closed in the green, while 32 stocks ended in the red.
2022-12-09T16:05:17+05:30


The rupee ended at 82.27 per dollar after touching a session high of 82.0950, against its previous close of 82.42.The rupee had slumped rapidly since the start of the week to 82.50 and found stability only after the Reserve Bank of India (RBI) sounded a hawkish note on Wednesday after its policy meeting.
2022-12-09T16:01:17+05:30


The BSE Sensex closed 389.01 down at 62181.67 on Friday.
2022-12-09T16:00:09+05:30


The fall in domestic equities was led by the information technology pack after a profit warning by sector major HCL Technologies soured the mood
2022-12-09T15:54:29+05:30


2022-12-09T15:51:21+05:30


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2022-12-09T15:34:16+05:30


"The big victory of incumbent BJP in Gujarat will aid in continued policy momentum and preclude the need for any populist measures in the forthcoming budget, in our view," Motilal Oswal's research analyst Gautam Duggad said.
2022-12-09T15:20:11+05:30


Data on Thursday showing a rise in U.S. weekly jobless claims, however, has raised investor hopes that the Federal Reserve could temper its aggressive stance on interest rate hikes.
2022-12-09T14:39:17+05:30


Bank Nifty option chain reflects PE writers standing tall at 43,000/43,500 strikes
2022-12-09T14:34:54+05:30


U.S. stocks advanced overnight, with the S&P 500 snapping a five-session losing streak, as investors interpreted data showing a rise in weekly jobless claims as a sign the pace of the Federal Reserve's interest rate hikes could soon slow.
2022-12-09T14:34:19+05:30


​But from a pure valuation perspective it is already trading at least 25 to 30% cheaper. So that way it gives a good opportunity for anybody to participate at this valuation and wait for a right stable environment when it can command slightly better multiple.
2022-12-09T14:27:35+05:30


A total of 9,195 shares changed hands on the counter till 02:11PM (IST).
2022-12-09T14:11:31+05:30


The capital was raised from 22 investors, including BNP Paribas Arbitrage, Morgan Stanley (Asia) Singapore Pte Ltd, Citigroup Global Markets Mauritius Pvt Ltd, Goldman Sachs and Abu Dhabi Investment Authority.
2022-12-09T21:54:18+05:30


The premium for Uniparts India has been correcting recently and is currently hovering around Rs 40 apiece over the issue price of Rs 577 apiece. It was around Rs 60-65 earlier. This is suggesting a soft landing for the company.Analysts tracking the grey market said muted financial performance, less-than expected subscription and the latest volatility in broader markets are denting the listing prospects of the company.
2022-12-09T16:39:47+05:30


The Rs 960 crore-initial public offering (IPO) of Sula Vineyards is all set to hit the primary market on Monday, December 12. Here are key things you should know about the issue.
2022-12-09T13:39:24+05:30


Sula Vineyards is looking to raise Rs 960.35 crore via its IPO, which is completely an offer or sale (OFS) of about 2.69 crore shares. The company has fixed its price band in the range of Rs 340-357 apiece with a lot size of 42 shares.
2022-12-09T13:35:22+05:30


Snapdeal filed its initial public offering (IPO) regulatory papers for approval in December 2021, a year that saw many stock market debuts and record fund raising by Indian startups. But many are delaying IPOs amid a stock market rout that has raised concerns over frothy tech valuations.
2022-12-09T11:13:32+05:30


The three-day long primary offering will conclude on December 15, Thursday. Investors can make a bid of minimum of 55 equity shares and its multiple thereof.
2022-12-08T21:57:02+05:30


The proposed IPO will value the retail chain at Rs2500 crore, sources said. About Rs300 crore will be raised as primary capital while Rs400 to be raised through a secondary share sale.
2022-12-08T21:51:55+05:30


Investors can make a bid of a minimum of 29 equity shares and its multiple thereof. The issue is open for subscription till Thursday, December 15. Anchor book will be open on Monday, December 12.
2022-12-08T11:21:55+05:30


​​The public issue is a complete offer for sale (OFS) of up to 2.69 crore shares by existing shareholders, including chief executive Rajeev Samant , Belgian investment firms Verlinvest, Cofintra, SWIP Holdings, and Haystack Investments, among others.
2022-12-08T06:03:26+05:30


Proceeds from the fresh issue will be utilised towards investment in its NBFC subsidiary, Abans Finance, for financing the augmentation of its capital base to meet future capital requirements and for general corporate purposes.
2022-12-07T17:16:55+05:30


Incorporated in 2015, Dharmaj Crop Guard is an agrochemical company engaged in manufacturing, distributing, and marketing of a wide range of agrochemical formulations.
2022-12-07T15:17:20+05:30


The issue is entirely an offer for sale (OFS) of up to 2,69,00,530 equity shares by the promoters and existing shareholders of the company. The winemaker looks to raise Rs 960.35 crore via initial stake sale as against Rs 1,200-1,400 crore earlier.
2022-12-07T13:48:48+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

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