Innova Captab Limited, a prominent pharmaceutical company that provides contract development and manufacturing services to Indian pharmaceutical companies, debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 456.10 per share, reflecting a 1.81% premium compared to the final issue price of Rs 448 per share. Meanwhile, …
In the world of e-commerce, FirstCry, a Pune-based unicorn, is gearing up for a public market debut in the coming year. With a stellar surge in revenue and ambitious plans, the SoftBank-backed startup is set to make waves. However, the path to IPO is not without its twists, as widening losses and strategic manoeuvres come …
Azad Engineering Limited is a manufacturer of aerospace components and turbines, supplying its products to original equipment manufacturers in the aerospace, defence, energy, and oil and gas industries, debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 710 per share, reflecting an impressive 35.5% premium compared …
Introduction: In the dynamic world of finance, where every move and decision can reshape the landscape, Canara Bank, a stalwart in the Indian banking sector, has recently set the stage for a groundbreaking development. Established in 1906 and nationalized in 1969, Canara Bank has been a cornerstone of financial stability in India. Headquartered in the …
Credo Brands Marketing Limited sells men’s casual clothing under its flagship brand “Mufti”, debuted on the Indian stock market today. On its debut on the BSE, the stock opened at Rs 282 per share, almost flat compared to the final issue price of Rs 280 per share. Meanwhile, on the NSE, the stock debuted at …
Happy Forgings Limited, an Indian manufacturer, engaged in designing and manufacturing heavy forgings and high-precision machined components, debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 1001.25 per share, reflecting an impressive 17.8% premium compared to the final issue price of Rs 850 per share. Meanwhile, …
IPO Recap The year is 1993. India’s nascent IT scene is bubbling with possibilities, but access to global markets remains a hurdle. Amidst this backdrop, a young company called Infosys takes a gamble on its future – an Initial Public Offering (IPO). The initial reception was, well, underwhelming. The public subscription barely scraped by, falling …
Muthoot Microfin Limited, a subsidiary of the Muthoot Pappachan Group, engaged in providing micro-loans targeted rural areas across India, marks its debut on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 278 per share, representing a 4.5% discount compared to the final issue price of Rs 291 …
Motisons Jewellers Limited, engaged in selling gold, diamond, and Kundan jewellery, among other jewellery products, marks its debut on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 103.90 per share, reflecting an impressive 88.91% premium compared to the final issue price of Rs 55 per share. Meanwhile, …
Inox India Limited manufactures and supplies cryogenic equipment, which debuted on the Indian stock market today. Upon its debut on the BSE, the stock opened at Rs 933.15 per share, reflecting an impressive 41.39% premium compared to the final issue price of Rs 80 per share. Meanwhile, on the NSE, the stock debuted at Rs …
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