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10th Aug 2021
If there is one area where the small country of Taiwan has made a mark in the global business landscape, it is in the manufacture of high-quality of semiconductor chips. Today, semiconductor chips are the brain behind most electrical and electronic e
The big differentiating technologies in green energy is likely to be the use of Lithium batteries and beyond. However, many of these technologies are yet to take off in a commercial way. This week, Reliance New Energy Solar, a subsidiary of Reliance
9th Aug 2021
The Rs.161.09 crore IPO of Exxaro Tiles, consisting of Rs.134.23 crore fresh issue and Rs26.86 crore OFS, was subscribed 22.58X overall at the close of bidding on 06 August. The basis of allotment will be finalized on 11 August. If you have applied f
The Rs.5,000 crore IPO of Nuvoco Vistas, consisting of Rs.1,500 crore fresh issue and Rs.3,500 crore OFS, was only partially subscribed on Day-1. As per the combined bid details put out by the BSE at the close of Day-1 of the issue, Nuvoco Vistas IPO
NIFTY 50 Nifty closed with a loss of 0.35 near 16238.20 levels on friday. The market breath was bearish with 27 declines against 23 advances. Sectors ended the session in green territory are Auto, IT, Metals, PSU Bank and PSU Banks se
The expectations were mixed for the Rolex Rings IPO. The IPO had been subscribed 130.44X, but the recent Glenmark Life Sciences IPO had a tepid listing at just 4.2 above its issue price. On 09 August, Rolex Rings did list impressively at a premium o
The Rs.401.54 crore Windlas Biotech IPO, consisting of Rs.165 crore fresh issue and Rs236.54 crore OFS, was subscribed 22.40X overall at the close of bidding on 06 August. The basis of allotment will be finalized on 11 August. If you have applied for
The Rs.1,213.33 crore Krsnaa Diagnostics IPO, consisting of Rs.400 crore fresh issue and Rs813.33 crore OFS, was subscribed 64.38X overall at the close of bidding on 06 August. The basis of allotment will be finalized on 11 August. If you have applie
The Rs.1,838 crore IPO of Devyani International, consisting of Rs.440 crore fresh issue and Rs1,398 crore OFS, was subscribed 116.70X overall at the close of bidding on 06 August. The basis of allotment will be finalized on 11 August. If you have app
The Rs.2,999 crore IPO of CarTrade Tech, consisting entirely of offer for sale (OFS), was subscribed less than half the book at the close of Day-1. Retail showed some action, but action from HNIs and QIBs was almost absent. As per the combined bid de
In the current week, CarTrade Tech and Nuvoco Vistas IPOs will open for subscription on 09 August and close on 11 August. The IPOs of Aptus Value Housing Finance and Chemplast Sanmar will open on 10 August and close on 12 August. Gist of the 4 IPO
Aptus Value Housing, as the name suggests, is a 12 year old housing finance company with focus on lower and middle-income groups. The focus is largely on self employed persons in semi-urban and rural areas, without access to the traditional banking c
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