Corona Remedies’ Rs 655.37-crore IPO has seen strong demand, with overall subscription at 9.33 times by Day 2. The GMP of around Rs 270 suggests a potential listing near Rs 1,332. While the company shows robust growth, brand concentration, regional dependence, and supply-chain risks remain. Analysts, however, maintain a long-term “subscribe” view given its strong...Read More
NALCO awarded a 25-year Mine Developer and Operator (MDO) contract for the Pottangi Bauxite Mines to Dilip Buildcon at a base charge of Rs 423 per ton; both companies’ shares will be in focus. The project includes developing the mine, an Overland Conveyor Corridor (OLCC), and allied infrastructure. Dilip Buildcon secured the contract as the...Read More
Shares of AU Small Finance Bank are set to remain in focus after the Ministry of Finance approved raising the foreign investment limit from 49% to 74%. The move allows greater foreign participation, enhancing capital-raising potential while ensuring regulatory compliance under FDI and FEMA rules. Shares closed 1.9% higher at Rs 971.10.Read More
India’s IPO market has achieved a historic milestone, surpassing 100 listings for the first time in 18 years. This surge has raised a record Rs 1.6 lakh crore. However, investors are experiencing lower listing-day returns, indicating a shift in market dynamics. The IPO pipeline remains strong with major companies preparing to go public, suggesting continued...Read More
Bullion started Wednesday on a strong note, with silver futures hitting a record Rs 1,90,374/kg and gold trading above Rs 1.30 lakh/10 grams. Globally, silver extended gains after crossing $60/oz for the first time, reaching $61.4797/oz, driven by speculative bets that the US Federal Reserve will announce a 25-bps rate cut at its Dec. 9–10...Read More
Shipwaves Online’s Rs 56.35 crore SME IPO opens today, with no grey market premium indicating a quiet start. The company, operating in digital freight-forwarding and logistics technology, aims to use the funds for working capital, debt repayment, and general corporate purposes. The IPO closes on December 12.Read More
Nephrocare Health Services, India’s largest dialysis provider, is launching its Rs 871 crore IPO on Wednesday, offering a stake in its rapidly growing healthcare network. The company, which completed 28.85 lakh treatments in FY25, operates 519 clinics domestically and 51 internationally. Financials show a strong turnaround with revenue and profits surging, supported by international expansion...Read More
Unisem Agritech’s Rs 21.45 crore SME IPO opens today. The company is offering 33 lakh shares at Rs 63-65. Subscription closes on December 12. Funds will be used for working capital and debt repayment. The stock lists on BSE SME on December 17. Investors are watching subscription momentum and market sentiment.Read More
Shri Kanha Stainless will list on NSE SME on December 10. The IPO saw steady retail investor response. The company manufactures stainless steel strips for various industries. Strong financial performance is reported. IPO funds will support expansion and debt repayment. The listing is expected to be driven by company fundamentals and market sentiment.Read More
Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Nulla vitae elit libero, a pharetra augue. Donec sed odio dui. Etiam porta sem malesuada.
