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Jaro Institute IPO Allotment: Jaro Institute’s initial public offering (IPO) witnessed strong investor demand. With bidding now closed, attention has shifted to the IPO allotment date, which is expected today, September 26, 2025.The issue was open for subscription between September…
Seven individuals, including Polycab India promoters, divested a 1.55% stake in the company for almost Rs 1,740 crore through open market deals. JP Morgan, Morgan Stanley Asia Singapore, and other major investors acquired these shares, reflecting significant market movement.Promoters…
IPO, likely in 2026, is expected to include both new and existing shares, valuing the company between $7 billion and $8 billion." title=" The IPO, likely in 2026, is expected to include both new and existing shares, valuing the company between…
Delhi-NCR has emerged as the largest third-party logistics (3PL) hub in the country, accounting for 25% of total leasing activity by the industrial and logistics (I&L) sector since 2021, followed by Mumbai with a 24% share and Bengaluru at 16%, according…
New Delhi: PhonePe, the Walmart-backed fintech powerhouse, has taken a major step toward going public by confidentially filing draft papers for an initial public offering (IPO) worth approximately Rs 12,000 crore (about $1.5 billion). The filing was submitted to the Securities…
Kotak Inst Eqt on Cochin ShipyardSell, TP Rs 860Govt announced a Rs700 bn package to boost domestic shipbuilding through capital support, legal reforms and demand aggregation from O&G PSUsThis, coupled with CSL’s MoU with HD KSOE for commercial vessel construction,…
Walmart-owned PhonePe, one of India’s largest digital payments and financial services players, has officially taken its first big step toward the public markets. The Bengaluru-headquartered unicorn has filed draft papers with the Securities and Exchange Board of India (SEBI) under…
GS on MarutiUpgrade to Buy, TP Raised to Rs 18900To factor inPotential pickup in market for entry level cars post GST cuts & price changesResumption of new model launches after a gap of 2.5 years with Victoris SUV + eVitaraFavorable…
IPO, which is expected to raise about $250 million and take place next year, is likely to include a fresh issue of shares and secondary sales by existing investors at a valuation of as much as $1.5 billion" title="The IPO,…
Sensex Today | Morgan Stanley keeps 'underweight' rating on SBI Cards, target price at Rs 710 #1 Spending market share rose 50 bps MoM to 17.3 percent in August #2 Market share in credit cards in force (stock) was flat…