About Us

We all dream of owning a successful company, calling the shots and pocketing a nice paycheck every other week. Oh, there are plenty of dreams out there but how many of us actually take that first step toward financial independence and a quality of life that depends, not on the folks upstairs in the big offices, but on your own hard efforts. When you own the business, financial independence depends on you. Thats why most people back away from business ownership. Fear of failure. Fear of looking foolish. Fear of what your family and friends will think if your new business doesnt soar like the American bald eagle - the American dream. I had the satisfaction of starting start several businesses in my career, some more successful than others. However, even my "less than stellar" attempts at entrepreneurialship have taught me valuable lessons - lessons you can take with you to the kitchen table and start drawing up plans for your business. So learn from someone whos enjoyed success and learned from missteps when it comes to starting your own business. For me, and millions like me, business ownership is the only way to go. 1. Consider your assets. It takes money to start a new business but it doesnt take a lot of money to start all new businesses.

Fund Performance

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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


Union AMC today announced the inauguration of its first branch in North East in Guwahati. Union AMC is co- sponsored by Union Bank of India and Dai-ichi Life Holdings Inc. of Japan.
2022-11-29T09:35:30+05:30


An up-trending profit cycle, a likely peak in short rates in 1Q2023 and ebbing global macro risks relative to 2022 make the case for absolute upside to Indian stocks," said Morgan Stanley in a note to clients. "That said, India's relative gains may take a breather in 2023.
2022-11-29T07:08:58+05:30


HSBC Asset Management (India) has said that it has completed the acquisition of L&T Investment Management for a consideration of US$ 425 million, subject to closing adjustments.
2022-11-28T13:03:05+05:30


Nifty Indices linked passive funds account for 76% market share in terms of total number of equity and debt passive funds and 73% market share in terms of total Asset under Management (AUM) of equity and debt Funds in India.
2022-11-28T12:45:43+05:30


The investment objective of the scheme is to seek long term capital growth by investing in allocation ranging for equities between 65-80%, fixed Income and gold ETFs at 10-25% each along with up to 10% in units of REITs and INVITs.
2022-11-28T12:33:28+05:30


Alternatively, AMFI has suggested that holding period to avail long-term capital gains taxation in respect of Gold ETFs (exchange traded funds) should be reduced from existing three years to one year.
2022-11-28T10:07:05+05:30


The Portfolio Doctor assesses the health of the fund portfolio, examines the schemes and their suitability with regard to the goals and, if required, recommends corrective measures. The advice given is based on the performance of the funds, the risk profile of the investor as well as his financial goals.
2022-11-28T06:30:00+05:30


While it had a track record of modest outperformance leading up to the recategorisation, it has been erratic in the past few years. Strong showing in 2020 and 2021 has been wiped away by sharp underperformance this year, hurting its long term track record. It needs to find its feet quickly to catch up with its peers.
2022-11-28T06:30:00+05:30


The Securities and Exchange Board of India (Sebi) said fund houses should pay dividends to unitholders within seven days and the redemption amount should be given within three days.
2022-11-26T08:11:11+05:30


The Nifty Pharma Index has grown at 9.52% annually since October 2012. For example, Rs.1,00,000 invested in the Nifty Pharma Index in 2012 would be worth Rs. 2,48,220 by the end of October 2022.
2022-11-25T15:51:15+05:30


Sebi's latest decision follows the Franklin Templeton episode, in which the fund house's few executives were accused of redeeming their holdings in the schemes ahead of the six debt schemes shutting for redemption.
2022-11-25T14:32:22+05:30


The industry body has also requested for various steps to be taken for the betterment of the mutual fund industry and investors and to deepen the equity market via mutual funds.
2022-11-25T14:24:17+05:30


Whenever the stock market crosses a psychologically-significant mark, many investors, especially mutual fund investors, inevitably ask: Should we do something different? Sell or buy something?
2022-11-25T11:16:42+05:30


The Scheme will be benchmarked against NIFTY 500 Multicap 50:25:25 TRI. The stock selection will be based on the “Fair Value” approach.
2022-11-24T13:52:34+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.
2022-11-24T10:52:11+05:30


The report by MOFS indicates that the slowdown in lumpsum investments has been on account of large HNIs waiting for a better entry point as the equity market is close to a new high, weakness in flows from lower-end customers in rural areas, and reduced NFO activity by large AMCs in the equity segment.
2022-11-24T09:48:03+05:30


"If an investor has 100 rupees, they could probably consider investing 50-60 rupees immediately and the remaining post the budget clarity."
2022-11-24T09:19:21+05:30


San Francisco-headquartered TPG Capital, one of the largest private equity (PE) firms, managing more than $120 billion in assets as of August, has been doubling down on investing in India after a cool-off period between 2012-2014.
2022-11-24T05:30:09+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.
2022-11-23T14:06:29+05:30


Silver has witnessed sharp volatility since the start of this year, marking a high of Rs 73,000 and a low of 51,500. Analysts believe that silver ETFs might gain from many global and domestic tailwinds.
2022-11-23T12:25:39+05:30


According to the fund house, the scheme is suitable for investors seeking long term capital appreciation and Investment predominantly in equity and equity related securities of small cap companies.
2022-11-23T10:02:00+05:30


Investors need to make the right comparisons while evaluating returns. For example, a large cap equity fund should be compared with its benchmark or another large-cap fund and not with a mid-cap or thematic fund.
2022-11-23T09:46:51+05:30


Economists have factored a lower growth for the September quarter at 6.5 percent compared to 13.5 percent in the June quarter. Despite risks of a further slowdown, the Reserve Bank is still expected to deliver a 35 to 50 basis points ( one bps is 0.01 percent) rate hike to manage inflation within the mandated band of 2-6 percent.
2022-11-22T19:15:29+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.
2022-11-22T14:53:00+05:30


A meeting of the board of directors of the Dhanlaxmi Bank is scheduled today to consider/ approve the raising of funds by way of issuance of Non-Convertible Debentures (NCD5) in the form of Basel III compliant Tier 2 Bonds aggregating to Rs 300 crores.
2022-12-05T08:37:46+05:30


2022-12-05T08:08:50+05:30


The dollar initially jumped on Friday after U.S. data showed that employers added 263,000 jobs in November, well above estimates of 200,000, but gave up the gains as traders booked profits, with some of the Fed speakers allaying market concerns.
2022-12-05T07:41:22+05:30


2022-12-05T07:25:46+05:30


U.S. employers hired more workers than expected in November and increased wages, shrugging off mounting worries of a recession, but that will probably not stop the Federal Reserve from slowing the pace of its interest rate hikes starting this month.
2022-12-05T07:22:30+05:30


Maruti Suzuki will increase the prices of its vehicles 'substantially' from next month as it looks to offset the impact of rising input costs and make provisions to update the model range to conform to stricter emission norms which kick in from April 2023.
2022-12-05T07:22:17+05:30


The Organization of the Petroleum Exporting Countries and allies including Russia, together called OPEC+, agreed on Sunday to stick to their October plan to cut output by 2 million barrels per day (bpd) from November through 2023.
2022-12-05T07:19:59+05:30


Markets lost some momentum late last week after November's robust U.S. payrolls report challenged hopes for a less aggressive Federal Reserve, though Treasuries still ended last week with solid gains.
2022-12-05T07:15:51+05:30


ESIC has a surplus of nearly Rs 65,000 crore which increases by over Rs 8000-9000 crore every year and could be higher than this in coming years as ESIC plans to substantially expand coverage by bringing even the gig workers in its fold.
2022-12-05T06:56:13+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


2022-12-05T06:00:00+05:30


Singh, who is currently the chief executive officer of the French bank's Indian banking unit, will take over from Aymar de Liedekerke Beaufort, who has been the head of India territory since September 2021.
2022-12-05T00:14:16+05:30


The company wants to raise ₹2,000 crore to ₹3,000 crore through this transaction, which is likely to be completed during this fiscal year or by March 2023," a source said.
2022-12-05T00:00:35+05:30


Against the offer to buy 1.67 crore shares, or 26% of equity - from NDTV's minority investors at a price of ₹294 apiece, Adani group has received offers for 53.27 lakh shares, according to data available on the National Stock Exchange (NSE) website.
2022-12-04T23:54:48+05:30


The National Payments Corporation of India (NPCI) recently extended the deadline by two years for existing third-party apps to comply with its market share guidelines for the UPI network.
2022-12-04T23:13:01+05:30


The move by the state-run power transmission major comes close on the heels when the telecom sector is ramping up its 5G service across the country to bring business transformation that can contribute two per cent to the national GDP.
2022-12-04T20:06:38+05:30


I have been training other new traders also and most of them make money every day. I tell them to shut the system once they have made that 1% return. If you keep seeing multiple opportunities on the screen, then you will be tempted to keep trading. We don't have to stay there for the entire day. All we need is 3 minutes.
2022-12-04T16:50:44+05:30


The markets are set to see a stable start to the week. From the technical perspective, the behavior of Nifty vis-à-vis the levels of 18604 would be extremely crucial to watch. This is the point from where the index tried staging a breakout; it would be crucially important for the index to stay above this point to keep the breakout valid and in force.
2022-12-04T15:02:41+05:30


“The index is trading near the key hourly moving averages as well as near a rising trendline on the hourly chart. 18600 is a key support from where the index can start moving up again. Overall, the short term outlook continues to be positive for a target of 19,000,” Gaurav Ratnaparkhi, Head of Technical Research at Sharekhan by BNP Paribas said.
2022-12-04T14:42:07+05:30


​​As happened in the past, whenever US markets outperformed by a significant margin, it always came at the expense of emerging markets. Last decade was no exception. In the same breath, the reverse has also been true. That is, whenever US markets struggled with sub-par returns, those decades belonged to emerging markets.
2022-12-04T14:30:09+05:30


Going forward, flow trajectory is expected to remain positive in December. However, some shift could be seen from expensive stocks to value stocks, Anita Gandhi, Whole Time Director and Head - Institutional Business at Arihant Capital, said.
2022-12-04T14:04:57+05:30


2022-12-04T12:47:36+05:30


We do not believe that the Indian equity market is overvalued; on the other hand, we believe it is justified. Only in India have listed companies' net profits more than doubled since pre-covid levels. Despite the Russia-Ukraine crisis, higher interest rates, and inflation, India Inc.'s profitability has increased by 10% in the first half of 2023 versus the first half of 2022.
2022-12-04T12:46:47+05:30


New Jersey-based Dr Reddy's Laboratories, Inc initiated the Class III recall on November 21 this year. As per USFDA, a Class III recall is initiated in a "situation in which use of, or exposure to, a violative product is not likely to cause adverse health consequences".
2022-12-04T12:00:32+05:30


2022-12-04T11:18:31+05:30


On the global front, the US bond yields and the dollar index have fallen sharply, and markets will continue to watch their move from here, Meena added.
2022-12-04T10:53:40+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


“Powell is not one for surprising the market. He had never done it really and the market is coalescing around a 50 bps rate hike in December. It would be walloping if they raised rates by 75 basis points. I do not think that will happen. I think they will stick to 50 bps, allowing the lagged effects of those interest rate hikes to play out in the economy.”
2022-12-04T10:51:03+05:30


“SBI Life is our preferred pick in the sector. We believe that they have a very big franchise which they can build on very aggressively. India is still an underpenetrated market and given its distribution reach and the way they have been performing, I believe that this stock should do well.”
2022-12-04T10:32:57+05:30


“We have a services fund and new-age opportunities are a part of that fund. Last year, when everybody was buying all this, I did not buy any of those. I bought only one or two of those fintechs during the boom there. Some of them I am buying now but it is not broad-based buying. We are buying it in those funds where it makes sense which is essentially the services fund. ”
2022-12-04T10:28:01+05:30


Bulls continued their quest for gains, hitting fresh record highs, boosted by falling crude, robust GDP numbers, and a dovish stance by the Fed chair, said Vinod Nair, Head of Research at Geojit Financial services.Investors' concerns were allayed as the Fed chair adopted a dovish stance, he added. "Declining manufacturing activity in the US is proof that the central bank’s policy tightening has started to show results."
2022-12-04T10:12:07+05:30


"Investment is flowing into India's Growth Story. We see investments being redirected as FPIs reposition their dollars amidst uncertainties in China," Jatia told PTI on the sidelines of FIA Asia 2022.
2022-12-04T09:47:58+05:30


Though, Nifty declined on Friday, the near-term uptrend status of the market remains positive. After showing minor downward correction in the short term, the Nifty is expected to show upside bounce from the higher bottom. Important lower supports to be watched are 18550-18450.
2022-12-04T09:42:34+05:30


Cryptocurrency firms including Coinbase Global Inc., Galaxy Digital Holdings Ltd. and MicroStrategy Inc. all plunged more than 25% last month. The declines added to the pain of a dismal year amid a deep and extended plunge in Bitcoin and other digital tokens.
2022-12-04T09:39:50+05:30


"I do not even try to predict FII flows into India let alone China so because I do not think that is a relevant metric to track ."
2022-12-03T17:45:25+05:30


Registered political parties that have secured not less than 1 per cent of the votes polled in the last Lok Sabha or legislative assembly election are eligible to receive funding through electoral bonds.
2022-12-03T17:37:39+05:30


2022-12-03T17:29:36+05:30


“Today we have about 1000 developers who directly listed their inventory on our platform across 1700 live buildings in Mumbai that allows our customers to book multiple site visits in any one micro market or geography.”
2022-12-03T17:17:30+05:30


Crypto trading platform FTX filed for bankruptcy protection in the United States on Nov. 11 in the highest-profile crypto blowup to date, after traders pulled billions from the platform in three days and rival exchange Binance abandoned a rescue deal.
2022-12-03T17:08:18+05:30


Godrej Properties, which is part of business conglomerate Godrej Group, is one of the leading real estate companies in the country. The company has been aggressively buying land outrightly and also entering into joint development agreements (JDAs) with landowners to create future development pipelines.
2022-12-03T16:57:16+05:30


Among the key Kharif pulses crop, Moong is the only crop in which production is expected to increase by 3% year-on-year to 1.53 MMT against 1.48 MMT in the previous year
2022-12-03T16:36:12+05:30


Market has definitely gone in an overbought zone, but still an inherent strength has been witnessed on the daily chart. There is an Inverted Head and Shoulder pattern, which has a projected target of around 19,900-20,000 levels and after a short consolidation or correction can further regain strength.
2022-12-03T15:27:41+05:30


Shriram Capital Limited (SCL), the holding company of the Shriram Group, and Shriram City Union Finance are being merged with Shriram Transport Finance, and the company will now be named as Shriram Finance
2022-12-03T14:49:42+05:30


An arguably better approach for retail users affected would be for them to go back to the first principles of blockchain technology – to have custody of their own assets and have a trustless mechanism to verify assets, transactions and interactions on chain
2022-12-03T14:32:04+05:30


2022-12-03T14:23:19+05:30


The country's foreign exchange reserves have depleted to a critically low level of USD 7.5 billion at present due to the repayment of maturing debt and financing the current account deficit on a regular basis.
2022-12-03T13:55:17+05:30


Consolidation is the driving feature of India’s property, said Nuvama Institutional Equities. "We believe buoyancy in sales would sustain driven by pick-up in launches, aided by cash flow improvement, diversification and market share gains."
2022-12-03T13:50:53+05:30


Empirical data shows that December is the month which delivers the highest returns when compared to the other months of the year
2022-12-03T13:29:06+05:30


Decarbonisation, sustainability, manufacturing and consumption are the themes that have emerged in India in the last two years
2022-12-03T13:13:27+05:30


There is a strong global appetite to invest in infrastructure, particularly renewable energy. Macquarie anticipates $2 trillion in global inflows over the next five years, given the thrust of several countries to drive significant climate policy initiatives.
2022-12-03T12:57:27+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


Last heard, the company's shares were being dealt at a premium of Rs 120-125 in the unofficial market, translated into a premium of about 30% compared to its issue price of Rs 407.
2022-11-19T12:50:27+05:30


Experts believe that one shall not expect a dry season for the primary markets but investor's interest and risk appetite have taken a hit after a long series of muted listings, which has dented both number and sizes of the issues.
2022-11-18T13:29:28+05:30


By the close of trading, however, Nykaa’s stock price recovered to close flat at Rs 185. With the post-IPO lock-in of shares ending for large investors, who had bought the stakes when these companies were private, market players feel there’s more pain for these scrips. For one, these stocks are expected to be weighed down further by large-size selling by early backers. Secondly, fearing a large sell-off, prospective investors will also be cautious to buy these stocks, a trader said.
2022-11-18T07:40:09+05:30


The IPO will include a fresh issue of shares worth up to Rs 1600 crore
2022-11-17T23:53:44+05:30


Analysts tracking the grey market said there is definitely the sentimental impact, particularly after the listing of Medanta, which continued to be in demand after the listing following the fund action.
2022-11-17T16:41:03+05:30


Indian IPOs raised a record $18 billion in 2021 on government efforts to foster startups combined with easy-money policy and a surge in retail trading during the pandemic. But investors have since dumped high-profile tech shares, even as the broader Indian stock market has outperformed global peers and scaled new peaks.
2022-11-17T14:09:24+05:30


The Mumbai offering may raise between Rs 30 billion and Rs 40 billion, they said, asking not to be identified as the information is private. The IPO may consist of about 75% primary shares and the rest in existing shares, one of the people said.
2022-11-17T12:36:48+05:30


According to the data from BSE, the investors made bids for 1,21,52,241 equity shares or 1.41 times compared to the 86,47,858 equity shares offered for the subscription by 12.15 pm on Wednesday, November 16.
2022-11-16T13:40:57+05:30


The hospitality industry body alleged that "OYO is responsible for the systemic depredation of the budget segment hotel business and its market as a means to achieve a notional billion-dollar valuation which is a serious cause of concern for the hospitality ecosystem of the country."
2022-11-15T21:30:17+05:30


KFintech is also the largest issuer solutions provider in India based on the number of clients serviced and holds a 43% market share based on the market capitalisation of NSE 500 companies and a 34% market share based on the number of clients serviced within NSE 500 companies, as on January 31, 2022.
2022-11-15T17:36:34+05:30


Analysts tracking the grey market said the issue received a strong response from institutional bidders which boosted the sentiments over the issue. One can expect a mildly positive listing for the stock.Abhay Doshi, co-founder at UnlistedArena said the company received a strong response from QIB bidders which pushed the morale of investors despite aggressive pricing. "One can expect 10-15% returns on debut."
2022-11-15T16:08:31+05:30


Global Health is one of the largest private multi-speciality tertiary care providers operating in North and East India. It has a network of five hospitals under 'Medanta' brand in Gurugram, Indore, Ranchi, Patna and Lucknow.Dealers tracking the grey market said the lower-than-expected response to the issue dented sentiments for the company and one should not expect any fireworks at listing.
2022-11-15T15:27:47+05:30


The company's Rs 1,960 crore IPO was sold in the range of Rs 450-474 per share and received a muted investor response, just sailing through between November 9-11 as retailers and HNI investors kept off the issue, and it barely sailed through.
2022-11-15T13:57:58+05:30


The company will use the IPO proceeds towards funding capital expenditure for setting-up of 25 new stores, two warehouses, financing working capital requirements of the company, repayment or pre-payment, in full or part, of certain borrowings availed by the company and general corporate purposes.
2022-11-15T13:52:44+05:30


Incorporated in 2012, Inox Green Energy Services is one of the major wind power operation and maintenance (O&M) service providers within India, specifically the provision of O&M services for wind turbine generators.
2022-11-15T13:38:23+05:30


The company is selling its shares in the range of Rs 514-541 apiece between November 14 and 16, with a lot size of 27 equity shares
2022-11-15T13:27:57+05:30


Last heard, the shares of Archean Chemical were commanding a premium of around Rs 95-100 in the grey market, hinting for a strong listing pop. The premium in the unofficial market has been hovering around the same levels.
2022-11-15T13:19:44+05:30


The initial public offering of Fusion Micro Finance ran between November 2-4 wherein the company sold its shares in the range of Rs 350-368 apiece to raise Rs 1,104 crore.
2022-11-15T10:02:58+05:30

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