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NSE awaits Sebi’s green signal to kickstart IPO process: CEO Chauhan | Stock Market Today

NSE awaits Sebi's green signal to kickstart IPO process: CEO Chauhan | Stock Market Today

[ad_1] Ashishkumar Chauhan, MD & CEO, NSE The National Stock Exchange (NSE) is awaiting approval from capital markets regulator Sebi to kickstart the initial public offering process, its MD and CEO Ashishkumar Chauhan said on Thursday. The NSE’s listing plans have been on the backburner amid a Sebi probe against the exchange and … Read more

Telecom services provider Bharti Hexacom’s IPO subscribed 34% on day 1 | IPO News

Telecom services provider Bharti Hexacom's IPO subscribed 34% on day 1 | IPO News

[ad_1] The initial public offering (IPO) of Bharti Hexacom was subscribed 34 per cent on Wednesday, the first day of the issue. A day earlier, the telecom services provider had allotted shares worth Rs 1,924 crore to anchor investors. Bharti Hexacom, a subsidiary of Bharti Airtel, operates in the Rajasthan and the Northeast telecommunication … Read more

Street Signs: Shriram Finance and NTPC in spotlight, IPO blues, and more | Stock Market Today

Business Standard

[ad_1] Nifty shake-up: Shriram Finance and NTPC in the spotlight Shriram Finance, NTPC, and several other companies impacted by the latest rebalancing in the National Stock Exchange Nifty indices will be in focus when trading resumes on Tuesday. According to a note by IIFL Alternatives, Shriram Finance is expected to see inflows of … Read more

Birla AMC promoters to divest 11.5% stake through offer for sale route | Company News

Business Standard

[ad_1] Aditya Birla Sun Life Asset Management Company (AMC) on Monday said that its promoters will divest an 11.47 per cent (33 million) stake in the company through the offer for sale (OFS) route. The floor price for the offer for sale, which opens on Tuesday, has been set at Rs 450 per … Read more

Street Signs: Market on edge, unveiling fund manager strategies, and more | Stock Market Today

Business Standard

[ad_1] Market on edge: Liquidity crunch casts shadow In addition to regulatory actions against small and midcaps, tighter liquidity conditions are another headwind that stocks are facing this month. Market observers say advance tax outflows and capital gains-related adjustments will weigh on the markets in the near term. Any trader with a liability of … Read more

Health care companies check market pulse with IPOs after pandemic | IPO News

Business Standard

[ad_1] There has been a noticeable uptick in initial public offerings (IPOs) from the health care sector after the waning of the pandemic amid rising awareness and increased expenditure by the government as well as the private sector. Since 2020, about 24 companies in the sector have mobilised Rs 32,400 crore from maiden … Read more

GPT Healthcare’s Rs 525 cr IPO gets 37% subscription on first day of offer | IPO News

Business Standard

[ad_1] GPT Healthcare, founded by Dwarika Prasad Tantia, Om Tantia, and Shree Gopal Tantia, started with an eight-bed hospital in Kolkata in 2000. The company operates four full-service multi-specialty hospitals, with a total capacity of 561 beds The initial share sale of GPT Healthcare Ltd, which operates and manages mid-sized multi-specialty hospitals under the … Read more