[01-Jul-23] Quantity Freeeze Limit for Indices
As per a recent NSE Circular, the Quantity Freeze Limit for different indices has been revised w.e.f 01-Jul-23.
Below are the Quantity Freeze Limits & Maximum Lots per Order applicable for the mentioned indices:
Refer: NSE Circular
Bonus Issue of Ddev Plastiks Industries Ltd.
A bonus Issue is one of the corporate actions where a company issues bonus shares as new or additional shares, free of cost and in proportion to the shares held by the shareholder.
As per the recent BSE circular, Ddev Plastiks Industries Ltd. (Scrip Code: 543547) is issuing 1 bonus share for every 10 existing shares. The key dates for the Bonus Issue are as follows:
Company Name | Symbol | Record date | Ex-Bonus basis from Date |
Ddev Plastiks Industries Ltd. | DDEVPLASTIK | 30-Jun | 30-Jun |
Refer: BSE circular
Revised: BANKNIFTY Expiry Futures & Options Contract Cycle
As per the recent NSE Circular, the earlier circular regarding ‘Revision in BANKNIFTY Expiry’ dated 06-Jun-23 has been withdrawn with immediate effect.
With regards to the above, BANKNIFTY's expiry day will be ‘Thursday’ for all the F&O contracts going forward.
For more information, please refer to the NSE Circular.
Why am I unable to trade in contracts expiring on 29-Jun-23?
Due to a change in the expiry date, contract specifications have changed. Thus, the orders with the old expiry (29-Jun-23) are being rejected.
Please delete those particular scrips from the watchlist and add them again with the correct expiry date of 28-Jun-23 to resolve the issue and enjoy uninterrupted trading.
IPO Alert: PKH Ventures Ltd.
PKH Ventures is in the business of Construction & Development, Hospitality and Management Services. They execute Civil Construction works for Third Party Developer projects and have been awarded with 2 Government Projects viz., the Hydro Power Project and the Nagpur Project and 3 Government Hotel Development Projects.
Read more about PKH Ventures IPO
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 07-Jul-23 |
Initiation of Refunds | 10-Jul-23 |
Credit of Shares to Demat Acct | 11-Jul-23 |
IPO Shares Listing Date | 12-Jul-23 |
UPI mandate expiry date | 13-Jul-23 |
In case you have not been allotted for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.
Revision in date for trading holiday on account of Bakri Id
The trading holiday on account of Bakri Id is changed by NSE & BSE from 28th June to 29th June 2023. Revised expiry for F&O is now 28th June 2023. The markets will remain closed on Thursday, 29 June 2023.
Please note:
Refer: NSE circular | MCX Circular
J R Foods Ltd. has stopped trading
Per a recent circular, the following security (Scrip Code: 530915) has been suspended from trading w.e.f. June 26, 2023.
Name of the Company | Symbol | Reason for Suspension |
J R Foods Ltd | JRFOODS | Bankruptcy & Insolvency |
Refer: BSE Circular
IPO Alert: Cyient DLM Ltd.
Cyient DLM is one of the leading integrated Electronic Manufacturing Services and solutions providers with strong capabilities across the value chain and the entire life cycle of a product. Cyient DLM is a qualified supplier to global OEMs in the Aerospace and Defence, Medical technology and Industrial sectors. They have over 22 years of experience in developing high mix, low-to-medium volume highly complex system.
Read more about Cyient DLM Ltd. IPO
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 05-Jul-23 |
Initiation of Refunds | 06-Jul-23 |
Credit of Shares to Demat Acct | 07-Jul-23 |
IPO Shares Listing Date | 10-Jul-23 |
UPI mandate expiry date | 11-Jul-23 |
In case you have not been allotted for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.
IPO Alert: ideaForge Technology Ltd.
ideaForge is the pioneer and the pre-eminent market leader in the Indian unmanned aircraft systems market, with a market share of approximately 50% in Fiscal 2022. They had the largest operational deployment of indigenous UAVs across India, with an ideaForge manufactured drone taking off every 5 minutes on average for surveillance and mapping as of Fiscal 2023.
Read more about ideaForge Technology IPO
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 04-Jul-23 |
Initiation of Refunds | 05-Jul-23 |
Credit of Shares to Demat Acct | 06-Jul-23 |
IPO Shares Listing Date | 07-Jul-23 |
UPI mandate expiry date | 08-Jul-23 |
In case you have not been allotted for any partial allotment of IPO shares, the blocked amount, if any, will be unblocked/released on or before UPI mandate expiry date as mentioned in the above table. Please reach out to your bank in case funds are not unblocked/released post the mandate expiry date.
Sub-division of equity shares of AKI India Ltd.
A stock sub-division or stock split is a corporate action in which a company increases the number of its outstanding shares by issuing more shares to its existing shareholders.
Per a recent circular, 1 equity share of AKI India Ltd. (Scrip Code: 542020) will be subdivided into 5 equity shares. The key dates for the same are as follows:
Company Name | Symbol | Sub-division Ratio | Record Date | Ex-split Date |
AKI India Ltd. | AKI | 1:5 | 22-Jun | 22-Jun |
Refer: BSE circular | NSE circular