Dhillon Freight Carrier launched its IPO on September 29, aiming to raise Rs 10.08 crore by issuing 14 lakh shares at Rs 72 each, with subscriptions closing October 1. The logistics firm, reporting modest revenue growth and strong profit, intends to expand its vehicle fleet with the proceeds.Read More
Om Metallogic is launching its IPO on September 29 to raise Rs 22.35 crore at Rs 86 per share. The company, which recycles aluminium scrap into alloys, reported strong financial growth with revenue up 55% and profit nearly doubled in FY25. Proceeds will fund expansion and working capital, though market caution exists due to no...Read More
Suba Hotels will launch its initial public offering on September 29. It aims to raise Rs 75.47 crore from 67.99 lakh shares. The price band is Rs 105 to Rs 111 per share. The issue closes on October 1. Anchor investors like Mukul Agrawal have already invested. Funds will support capital expenditure.Read More
The Indian rupee faces persistent headwinds, hitting a record low, with central bank intervention anticipated for support. While the RBI is expected to hold policy rates, a surprise cut could further pressure the currency and bond yields. US economic resilience also dampens quick Fed rate cut hopes, influencing global market sentiment.Read More
A significant uptick in futures open interest signifies a substantial growth in the number of active, unexpired futures contracts in a specific security.Read More
When the closing price falls below the VWAP, it signifies that the closing price is lower than the average price at which it was traded throughout the day, with the average being weighted by trading volume.Read More
WeWork India announced its initial public offering price band. Shares will be priced between Rs 615 and Rs 648. The company aims to raise up to Rs 3,000 crore. Bidding for the IPO will commence on Friday, October 3. The offering includes a fresh issue and an offer for sale by existing shareholders.Read More
Sunteck Realty is entering the ultra-luxury housing market with two new ‘Emaance’ projects in Mumbai and Dubai, targeting a launch by June next year. These exclusive residences, priced from Rs 100 crore to Rs 500 crore, are expected to generate Rs 20,000 crore in revenue, marking the company’s first international expansion.Read More
Atlanta Electricals, a prominent transformer manufacturer, debuts on bourses September 29 following a successful Rs 687 crore IPO. The issue was oversubscribed 72.16 times, with a 15% grey market premium reflecting cautious optimism. Analysts view the company positively, highlighting its robust order book and strong potential to capitalize on India’s expanding power sector, suggesting a...Read More
Ganesh Consumer Products is poised for a cautious stock market debut on Monday, with a negative grey market premium suggesting a weak listing despite moderate IPO subscription. The prominent eastern India FMCG firm, known for wheat-based products, reported steady FY25 financials but operates on low margins. Its long-term prospects hinge on brand expansion and sustained...Read More
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