Highlights Issue Size –: 77,166,667 sharesIssue Open/Close – Nov 3 /Nov 07, 2023Price Band (Rs.) 57 – 60Issue Size (Rs.) – 4,640 mnFace Value (Rs) 10Lot Size (shares) 250 ESAF Small Finance Bank Limited (ESFBL) incorporated in 2016, is a small finance bank with a focus on unbanked and under-banked customer segments, especially in rural and semiurban centres. ESAFL commenced its business...
Crossing the coveted 20,000 mark for the first time, Nifty hit its fresh record high of 20,008.15 on Monday. Nifty’s last all-time high was 19,991.85 which it hit on July 20 this year. Thus, it scaled a fresh peak in 36 sessions. While Nifty rallied to its new high of 20,000, BSE Sensex regained its 67,000 mark. So, let us understand and discuss “What should you do when the stock...
Highlights Issue Size – 18,975,938 sharesIssue Open/Close – Sept 13 /Sept 15, 2023 Price Band (Rs.) 983 – 1035Issue Size – 19,640 mnFace Value (Rs) 5Lot Size (shares) 14 R.R. Kabel Limited is one of the leading companies in the Indian Consumer Industry (including wires and cables and Fast Moving Electrical Goods (FMEG)) It was incorporated on 1995 and has over 20 years of...
Highlights Issue Size – 15,224,923 sharesIssue Open/Close – Sept 08 /Sept 12, 2023 Price Band (Rs.) 200 – 211Issue Size- 3,212 mnFace Value (Rs) 10Lot Size (shares) 70 EMS Ltd. incorporated in 2010 is in the business of (i) Sewerage solution providers (ii) Water Supply Systems (iii) Water and Waste Treatment Plants (iv) Electrical Transmission and Distribution (v) Road and Allied...
Issue Size –320 mnIssue Open/Close – May 09/May 11, 2022Price Band (Rs.) 95-100Issue Size- Rs 32 bnLot Size (shares) 150 Nexus Select Trust is India’s largest retail (malls) platform of 17 high-quality assets, strategically located in dense residential catchments across 14 prominent cities, and is ~96% leased. Sponsored by the portfolio company of Blackstone real estate funds, Nexus is...
The stock market has always been well-known for generating high returns. Gradually, this has become a popular investment alternative for many new investors. In India, as per the data, the number of demat accounts rose to 11 crores in January 2023 from 8.4 crores in January 2022, registering a growth of 31 percent. The reason behind such growth is increased financial literacy, attractive...
Today, instead of focusing on a stock market or an industry, we’ll spend some time for a little reflection. So, let’s dive in. The Story Let us try and keep it concise. We will not be trying to tag the stock market increasing with excitement or whether or not there’s a surplus at the top. No one amongst us can tell that with undoubted confidence. The optimists normally addressed as the...
Issue Size- 20,960,141- 20,802,305 sharesIssue Open/Close – Oct 29/Nov 02, 2021Price Band (Rs) 560- 577Issue Size- Rs 11.74- 12 bnFace Value (Re.) 10Lot Size (shares) 25 Subscribe Now Financial Inclusion Network Operations (FINO) started as a technology company aimed at developing technological solutions and services related to financial inclusions. In 2015, Fino PayTech Limited...
Market bounced sharply after US Senate increased debt limit by $480 Bn averting major debt default later this month. Nifty rallied by 1% but late selling forced Nifty to close below short-term resistance of 17802. Currently USDINR has signalled a breakout for a possible target of 78 in days to come and with such high bullishness in USDINR, Nifty and Nifty Bank are unlikely to sustain at...
Mood turns cautious on global cues Markets turned cautious during the week as inflation fears persisted and expectations grew that the U.S. Federal Reserve would tighten policy in the coming months along with concerns about the prospect of higher borrowing costs, a possible US debt default. In China, worries about the potential impact of a widening power shortage and Chinese property...