Vidya Wires has successfully raised Rs 90 crore from anchor investors ahead of its IPO, which opens for public subscription from December 3-5. The company’s public offering includes a fresh issue of Rs 274 crore and an Offer For Sale of Rs 26 crore. Proceeds will fund capital expenditure, debt payment, and general corporate purposes.Read More
Meesho has successfully garnered Rs 2,440 crore from 125 anchor investors ahead of its IPO debut. Shares have been priced at Rs 111 each. The highly anticipated IPO kicks off on December 3 and wraps up on December 5. Analysts are optimistic about the vast opportunities within India’s burgeoning e-commerce sector, with trading set to...Read More
Aequs Limited, a precision engineering powerhouse, has successfully raised Rs 414 crore from 33 prominent anchor investors ahead of its anticipated IPO on December 3. High-profile backers such as Blackrock and Sanshi have jumped on board, adding to the excitement. The IPO will wrap up on December 5, with Aequs making its market debut on...Read More
Benchmark indices extended losses for the third straight session as Nifty slipped below the 21EMA. Analysts expect a bearish-to-sideways trend ahead. However, Birlasoft and Asian Paints showed strong technical breakouts, offering near-term upside potential.Read More
Sensex and Nifty fell as profit-booking, FII outflows and a weak rupee pressured markets. Analysts expect cautious sentiment amid no near-term RBI rate-cut hopes and persistent technical weakness.Read More
Nashik Municipal Corporation is targeting to raise another Rs 200 crore from the municipal bonds route by February next year, a top official has said.Read More
U.S. stocks opened higher on Tuesday, steadying after Wall Street’s first pullback in more than a week in the previous session, on growing bets of rate cuts ahead of fresh inflation data later this week.Read More
The government on Tuesday decided to exercise green shoe option with clear intention to divest 6 per cent stake in Bank of Maharashtra (BoM) through offer-for-sale following overwhelming response from investors on the first day of subscription.Read More
IBJA has launched a self-regulatory division to bring governance, transparency and consumer protection to the fast-growing digital gold industry after Sebi warned that such products lack regulatory oversight. The framework will include audits, standards, disclosures and strict compliance rules.Read More
Indian government bonds surged on Tuesday after better-than-expected state auction demand shored up sentiment and sparked short-covering, while some traders also suspected central bank buying in the secondary market.Read More
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