Important dates: eMudhra Ltd. IPO
eMudhra is the largest licensed Certifying Authority in India with a market share of 37.9% in the digital signature certificates market space. eMudhra has presence across all the 3 segments: Digital Trust Services, Digital Security Solutions and Paperless Transformation Solutions.
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 27-May-22 |
Initiation of Refunds | 30-May-22 |
Credit of Shares to Demat Acct | 31-May-22 |
IPO Shares Listing Date | 01-Jun-22 |
UPI mandate expiry date | 02-Jun-22 |
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.
Important dates: Paradeep Phosphates Ltd. IPO
Paradeep Phosphates Ltd. is the 2nd largest private sector manufacturer of non-urea fertilizers in India and 2nd largest in terms of Di-Ammonium Phosphate (“DAP”) volume sales. PPL is primarily engaged in manufacturing, trading, distribution and sales of a variety of complex fertilizers.
Check Details of Paradeep Phosphates IPO
Bid/Offer Opens On | Tuesday 17-May-22 |
Bid/Offer Closes On | Thursday 19-May-22 |
Price Band | Rs. 39 - Rs. 42 per equity share |
Lot Size | 350 Shares |
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 24-May-22 |
Initiation of Refunds | 25-May-22 |
Credit of Shares to Demat Acct | 26-May-22 |
IPO Shares Listing Date | 27-May-22 |
UPI mandate expiry date | 30-May-22 |
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.
Revealed: New Identity of INDOVATION
Incorporated in 1984 as Priyadarshini Threads Ltd., the company is engaged in the manufacturing of different types of threads including cotton sewing thread, embroidery thread, industrial thread, synthetic thread, cobler thread, bag closing thread, kite flying thread and other kinds of threads like double yarn, twist yarn, hosiery yarn, yarn made of cotton, manmade or other fibers, spinning and weaving mills and of spinners weavers, bleachers, dyers, printers and finishers of cotton, silk, wool, rayon, natural and synthetic fibers and fibrous substances of all kinds. The company became Indovation Technologies in 2012. Recently, Indovation Technologies Limited changed its name to Titan Intech Limited.
The change of name is reflected in the stock market as well with the change in name and symbol for trading on the exchanges. As per a recent circular of NSE, the name and symbol of Indovation Technologies Limited (Scrip Code: 521005) will be changed as follows w.e.f 17-May-22.
Please take note of the change. Happy Trading!
Circular: BSE
Settlement Holiday: 16-May
16-May-22 is a Settlement Holiday due to Buddha Pournima. Currency Segment will be closed on this day for trading. However, other segments are open for Trading.
What this means for you:
- You can place your Trades as usual, however the settlement of funds/securities will be processed as detailed in the table below:
Segment | Trade placed on | Date of Settlement |
Equity ( T+1 Settlement ) | 13-May | 17-May |
Equity ( T+2 Settlement ) | 13-May | 18-May |
Derivatives (F&O) | 13-May | 17-May |
- Your credit balance for 16-May will not include the following:
Segment | Account Balance Exclusions |
Equity (T+1 & T+2 Settlement) | Intraday Profits made on 13-May |
Derivatives (Equity F&O, Currency & Commodity) | Credits Made From Trades Done On 13-May |
Just so you know: Settlement holidays refer to days when markets (except Currency segment) are open for trading but when Depositories and/or Banks are closed. Due to this, all trades done during that day will be settled on next settlement cycle, as per the respective segments.
Revealed: New Identity of HSIL
HSIL was founded in 1960 as Hindusthan Twyfords Limited, in technical collaboration with Twyfords, United Kingdom to establish the first vitreous china sanitaryware manufacturing company in India. Today, the company houses two business divisions i.e. Packaging Products and Building Products. HSIL manufactures and markets various packaging products, including glass containers, Polyethylene Terephthalate (PET) bottles and products and security caps and closures. These products cater to various industries like alcoholic and non-alcoholic beverages, fast-moving consumer goods, retail, pharmaceuticals and edible oil amongst others. The company’s building products division primarily comprises the manufacturing of sanitaryware, faucets and plastic pipes and fittings. Recently, HSIL Limited changed its name to AGI Greenpac Limited.
The change of name is reflected in the stock market as well with the change in name and symbol for trading on the exchanges. As per a recent circular of NSE, the name and symbol of HSIL Limited will be changed as follows w.e.f 11-May-22.
Please take note of the change. Happy Trading!
Circular: NSE
IPO Alert: Venus Pipes & Tubes Ltd
Venus Pipes is a pipes and tubes manufacturer with the sole focus on manufacturing of welded and seamless pipes in a single metal category, i.e., stainless steel. Under their brand name “Venus”, they supply their Products for applications in diverse sectors including Chemicals, Engineering; Fertilizers; Pharmaceuticals, Power, Food Processing; Paper; and Oil and Gas.
Bid/Offer Opens On | Wednesday 11-May-22 |
Bid/Offer Closes On | Friday 13-May-22 |
Price Band | Rs. 310 - Rs. 326 per equity share |
Lot Size | 46 Shares |
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 19-May-22 |
Initiation of Refunds | 20-May-22 |
Credit of Shares to Demat Acct | 23-May-22 |
IPO Shares Listing Date | 24-May-22 |
UPI mandate expiry date | 25-May-22 |
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: Delhivery Ltd
Delhivery is the largest and fastest growing fully-integrated logistics services player in India by revenue as of Fiscal 2021. Delhivery provided supply chain solutions to a diverse base of 23,113 Active Customers such as e-commerce marketplaces, direct-to-consumer e-tailers and enterprises and SMEs across several verticals.
Bid/Offer Opens On | Wednesday 11-May-22 |
Bid/Offer Closes On | Friday 13-May-22 |
Price Band | Rs. 462 - Rs. 487 per equity share |
Lot Size | 30 Shares |
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 19-May-22 |
Initiation of Refunds | 20-May-22 |
Credit of Shares to Demat Acct | 23-May-22 |
IPO Shares Listing Date | 24-May-22 |
UPI mandate expiry date | 25-May-22 |
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: Prudent Corporate Advisory Services Ltd.
Prudent Corporate Advisory Services is an independent retail wealth management services group and is amongst the top mutual fund distributors in terms of average assets under management and commission received. They have become an important interface between asset management companies and mutual fund distributors or independent financial advisors.
Bid/Offer Opens On | Tuesday 10-May-22 |
Bid/Offer Closes On | Thursday 12-May-22 |
Price Band | Rs. 595 - Rs. 630 per equity share |
Lot Size | 23 Shares |
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 18-May-22 |
Initiation of Refunds | 19-May-22 |
Credit of Shares to Demat Acct | 20-May-22 |
IPO Shares Listing Date | 23-May-22 |
UPI mandate expiry date | 24-May-22 |
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.
Suspension of trading in securities of 6 Companies
Trading in securities of the undermentioned companies will be suspended w.e.f May 23, 2022 on account of non-compliance with SEBI Regulations.
Name of Company | Scrip Code |
Sahara One Media & Entertainment Ltd. | 503691 |
Bombay Rayon Fashions Ltd. | 532678 |
Acewin Agriteck Ltd. | 539570 |
Indo-Global Enterprises Ltd. | 539433 |
Jindal Cotex Ltd. | 533103 |
Kushal Ltd. | 536170 |
15 days after suspension, trading in the shares of these companies would be allowed on Trade for Trade basis, in Z group only, on the first trading day of every week for six months.
Read more: BSE Circular 1 | BSE Circular 2
[02-May-22] NIFTY Quantity Freeze Limit Revised
As per a recent NSE Circular, Quantity Freeze Limit for NIFTY has been revised w.e.f 02-May-22.
Below are the Quantity Freeze Limits & Maximum Lots per Order applicable for the mentioned indices: