IPO Alert: S.J.S Enterprises Limited
Incorporated in 1987, S.J.S is a “design-to-delivery” aesthetics solutions provider with the ability to design, develop and manufacture a diverse product portfolio for a wide range of customers primarily in the automotive and consumer appliance industries.
Bid/Offer Opens On | Monday, 01-Nov-21 |
Bid/Offer Closes On | Wednesday, 03-Nov-21 |
Price Band | Rs. 531 - Rs. 542 per equity share |
Lot Size | 27 Shares |
How to apply via ABMA App | How to apply via Web Platform
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 10-Nov-21 |
Initiation of Refunds | 11-Nov-21 |
Credit of Shares to Demat Acct | 12-Nov-21 |
IPO Shares Listing Date | 15-Nov-21 |
UPI mandate expiry date | 16-Nov-21 |
In case you have not been allotted or 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.
Muhurat Trading Session: 04-Nov
An important part of yearly Diwali festivities is the customary trading session, commonly referred to as Muhurat Trading. Stock exchanges open trading for a special live trading session to give traders an opportunity to participate in this trading ritual which is believed to bring wealth and prosperity throughout the year.
This year, Muhurat Trading Session will be held on 04-Nov-21. Below are the timings for the various segments.
For more details, please refer to the circulars from NSE (Equities and F&O), BSE, and MCX.
Learn more about the importance of Muhurat Trading here.
IPO Alert: Fino Payments Bank Limited
Incorporated in 2007, Fino Bank is a growing fintech company offering a diverse range of financial products and services that are primarily digital and have a payments focus. The Bank offers products and services to their target market via a pan-India distribution network and proprietary technologies, and have grown their operational presence to cover over 90% of districts.
Bid/Offer Opens On | Friday, 29-Oct-21 |
Bid/Offer Closes On | Tuesday, 02-Nov-21 |
Price Band | Rs. 560 - Rs. 577 per equity share |
Lot Size | 25 Shares |
How to apply via ABMA App | How to apply via Web Platform
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 09-Nov-21 |
Initiation of Refunds | 10-Nov-21 |
Credit of Shares to Demat Acct | 11-Nov-21 |
IPO Shares Listing Date | 12-Nov-21 |
UPI mandate expiry date | 16-Nov-21 |
In case you have not been allotted or 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: FSN E-Commerce Ventures Ltd. (Nykaa)
Nykaa was incorporated in 2012 and is a digitally native consumer technology platform, delivering a content-led, lifestyle retail experience to consumers. They have a diverse portfolio of beauty, personal care and fashion products, including their owned brand products manufactured by them.
Bid/Offer Opens On | Thursday, 28-Oct-21 |
Bid/Offer Closes On | Monday, 01-Nov-21 |
Price Band | Rs. 1085 - Rs. 1125 Per Equity Share |
Lot Size | 12 Shares |
EVERYTHING YOU NEED TO KNOW ABOUT NYKAA IPO
The below table has important dates with respect to the IPO allotment and listing.
Finalization of Basis of Allotment | 08-Nov-21 |
Initiation of Refunds | 09-Nov-21 |
Credit of Shares to Demat Acct | 10-Nov-21 |
IPO Shares Listing Date | 10-Nov-21 |
UPI mandate expiry date | 15-Nov-21 |
In case you have not been allotted or 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.
Now open SGB 2021-22 Series VII
Security Symbol | Issue Period | Date of Allotment | Issue Price per gram |
---|---|---|---|
SGB212207 | 25-Oct-21 to 29-Oct-21 | 02-Nov-21 | - Offline Bid: Rs. 4,761 - Online Bid: Rs. 4, 711 (if you apply online and pay via digital mode) |
The sovereign gold bond scheme is a Government of India undertaking that allows you to purchase gold on paper. This is an easy alternative for investors who want to invest in gold but don't want the hassle associated with purchasing gold in physical form.
Here are Top 5 Super Benefits that SGBs provide:
- No storage risk or cost
- No default risk
- No GST or STT
- Tradable on exchanges
- Can be used as Loan Collateral
Revision in MTF margins
As you know, MTF (Margin Trading Facility) allows you to buy stock by paying a fraction of the total value, while the rest of the amount is funded by your broker. To hold your positions under MTF, you need to maintain a margin amount that you can either pay in cash or non-cash collateral.
Considering the current market volatility, as a prudent risk management measure, we have revised our RMS policy for trading in MTF product. The below mentioned revisions will be applicable w.e.f 25-Oct-21:
- For Bluechip category scrips, 40% flat or MTF VAR margin specified by the exchange, whichever is higher
- For Good and Average category scrips, 50% flat or MTF VAR margin specified by the exchange, whichever is higher
- No fresh MTF funding will be allowed on Average category scrips w.e.f. 25-Oct-21
Kindly plan your trades accordingly.
Please click here for the list of MTF approved Bluechip, Good and Average category scrips.
Offer For Sale (OFS) - October 2021
8 more stocks added to NSE F&O Segment
More trading opportunities are opening soon! NSE has announced the addition of 8 new stocks to its F&O segment – available for trading from 29-Oct-21.
The addition of 8 new stocks to the F&O segment will provide traders with increased hedging opportunities.
And the new entrants are:
Other details such as - market lot, scheme of strikes and quantity freeze limit of the above-mentioned securities will be announced by NSE on 28-Oct-2021.
Refer: NSE Circular
Settlement Holiday: 19-Oct
19-Oct-21 is a Settlement Holiday due to Id-E-Milad. 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:
- Your credit balance for 19-Oct will not include the following:
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.
Buybacks, Takeovers and Delisting - October 2021
Here's the list of the latest Buybacks, Takeovers and De-listing. The Offer Period and Price are mentioned along with them. To participate in any of these:
- Write to us at support@angelbroking.com or
- Call us on 18001020
Scrip Name | Sub Type | Start Date | End Date | Floor Price |
GOLDTECH | Takeover | 28-Oct-21 | 12-Nov-21 | Rs. 14.30 |
MEL | Takeover | 28-Oct-21 | 12-Nov-21 | Rs. 9.5 |
HGIND | Takeover | 27-Oct-21 | 11-Nov-21 | Rs. 41 |
MEGASOFT | Takeover | 26-Oct-21 | 10-Nov-21 | Rs. 16.70 |
ECLERX | Buyback | 18-Oct-21 | 01-Nov-21 | Rs. 2850 |
INTELLCAP | Takeover | 18-Oct-21 | 01-Nov-21 | Rs. 2 |
TEJASNET | Takeover | 11-Oct-21 | 26-Oct-21 | Rs. 258 |
HAZOOR | Takeover | 8-Oct-21 | 25-Oct-21 | Rs. 18 |
RISHIROOP | Buyback | 5-Oct-21 | 20-Oct-21 | Rs. 125 |
7NR | Takeover | 4-Oct-21 | 18-Oct-21 | Rs. 8.78 |
LORDSCHLO | Takeover | 4-Oct-21 | 18-Oct-21 | Rs. 47.75 |