Niva Bupa Health Insurance Company specializes in working in the health industry and providing health insurance to end users. More than 14.73 million active insured people will live until March 31, 2024, making it the 2nd largest insurance company after Star Health Insurance, which is going to be listed on the Indian stock market. Niva …
The Indian IPO market is experiencing activity following the conclusion of the Lok Sabha elections, with expectations of heightened activity in the primary market. Over the next few months, the market is poised to grow, with 55 companies planning to raise more than ₹68,000 crore. There has already been notable activity in the IPO sector …
Hyundai Motor India Ltd, the Indian subsidiary of the South Korean automaker Hyundai, has submitted preliminary documents to the Securities and Exchange Board of India (SEBI) to initiate an initial public offering (IPO). If successful, Hyundai IPO will be the largest in India’s history, surpassing the significant Rs 21,000 crore share sale by LIC. Hyundai …
Hyundai Motor India Limited is a wholly-owned subsidiary of the Hyundai Motor Company, headquartered in South Korea. This division was established in November 2006 and is headquartered in Telangana, Hyderabad. It is the third-largest car manufacturer in India and recently it became the second-largest passenger vehicle in the country with a 14.9% YoY FY24 market …
Bansal Wire IPO witnessed an increased subscription from investors on the second day of bidding Bansal Wire IPO price band has been set at ₹243 to ₹256 per share. The minimum lot size for an application is 58 Shares. The minimum amount of investment required by retail investors is ₹14,848. Bansal Wire IPO offers 2,91,01,562 …
The stainless steel wire manufacturer Bansal Wire Industries Limited has opened its IPO to raise money from the general public. Bansal Wire IPO opened for subscription on July 3, 2024, and will close on July 5, 2024. Bansal Wire IPO is a book-built issue of ₹745.00 crores. The issue is entirely a fresh issue of …
On the first day of the bidding process, Emcure Pharmaceuticals Limited IPO was subscribed 1.32 times. The retail portion was subscribed to 1.41x, 0.07x in Qualified Institutional Buyers (QIB), 2.76x in Non-Institutional Investors (NII), and 2.25x in the employees category. The IPO opened today, July 3, 2024, and will close on July 5, 2024. The …
Anchor Investors Inject Rs 582 Crore Emcure Pharmaceuticals Ltd. has successfully raised Rs 582 crore from anchor investors ahead of its much-anticipated initial public offering (IPO). The company allocated 57.79 lakh shares at Rs 1,008 each to 48 anchor investors. Among these, the ICICI Prudential Pharma Healthcare and Diagnostics Fund received the largest allocation at …
Namita Thapar is set to earn good returns from Emcure Pharmaceuticals’ upcoming IPO. According to the company’s red herring prospectus, Thapar will earn a 293-fold return on her initial investment by partially offloading her stake. Return on Investment At the upper end of the price band, Thapar will see her investment multiply 293 times. The …
Established in 2008, Allied Blenders and Distillers is an international liquor company that manufactures its products in India. Four international alcoholic beverages made in India, including vodka, rum, brandy, and whiskey, are available from the company. Moreover, they offer drinking water in packs that bear the Officer’s Choice, Sterling Reserve, and Officer’s Choice Blue labels. …
