IPO Alert: PB Fintech Limited (Policybazaar)
Incorporated in 2008, PB Fintech has built India’s largest online platforms – ‘Policybazaar’ for Insurance and ‘Paisabazaar’ for lending products leveraging the power of technology, data and innovation.
Bid/Offer Opens On | Monday, 01-Nov-21 |
Bid/Offer Closes On | Wednesday, 03-Nov-21 |
Price Band | Rs. 940 - Rs. 980 per equity share |
Lot Size | 15 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.
IPO Alert: Sigachi Industries Limited
Incorporated in 1989, the company is engaged in manufacturing of Microcrystalline Cellulose (MCC) which is widely used as an excipient for finished dosages in the pharmaceutical industry. Sigachi Industries has received various quality certifications and operates 3 manufacturing units in India.
Bid/Offer Opens On | Monday 01-Nov-21 |
Bid/Offer Closes On | Wednesday, 03-Nov-21 |
Price Band | Rs. 161 - Rs. 163 per equity share |
Lot Size | 90 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.
IPO Alert: One 97 Communications Ltd. (Paytm)
Incorporated in 2000, the company is India’s leading digital ecosystem for consumers and merchants. Paytm offers ‘Payment Services’, ‘Commerce and Cloud Services’, and ‘Financial Services’ to 33.3 crore consumers and over 2.18 crore merchants registered with them.
Bid/Offer Opens On | Monday, 08-Nov-21 |
Bid/Offer Closes On | Wednesday, 10-Nov-21 |
Price Band | Rs. 2080 - Rs. 2150 per equity share |
Lot Size | 6 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 | 15-Nov-21 |
Initiation of Refunds | 16-Nov-21 |
Credit of Shares to Demat Acct | 17-Nov-21 |
IPO Shares Listing Date | 18-Nov-21 |
UPI mandate expiry date | 21-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: 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.