Browsing category News

Dixon Technologies (India) Limited – Update

13th September 2022

Update "Approval for Disbursement of PLI Incentives" Padget Electronics Private Limited, known as “Padget Electronics” (a wholly owned subsidiary of Dixon Technologies (India) Limited) has received approval for disbursement of INR 53.28 Cr from the Empowered Committee of MEITY (GOI), under the Production Linked Incentive (PLI) Scheme for manufacturing of Mobile Phones (Domestic Companies) Earlier, Padget Electronics (one of the 16 companies Domestic and International) received

By Vishal Dalwadi

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Harsha Engineers International Limited IPO

10th September 2022

Harsha Engineers International Limited (part of the Harsha Groups) over 35 years of operating history in the “engineering business” is planning to raise INR 755 Crore via IPO [Fresh Issue 455 Cr + 300 Cr OFS] Harsha Engineers: Company Details Incorporated in the year 2010, Harsha Engineers International Ltd are the largest manufacturers of precision bearing cages (in terms of Revenue) in organised sector in India, and among the leading manufacturers of precision bearing cages in the

By Vishal Dalwadi

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Dreamfolks Services Limited IPO – Update

6th September 2022

Update Dreamfolks Services ‘LISTING’ Dreamfolks Services Limited, as the name in itself, made a dream debut on the stock market today. The stock was listed at INR 508.70 on the NSE - National Stock Exchange as against the issue price of INR 326, while the opening on the BSE - Bombay Stock Exchange was at INR 505; just about 56 percent listing gains for the IPO holders. The Initial Public Offering was open for subscription between 24 to 26 August 2022 and received a strong response

By Vishal Dalwadi

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Tamilnad Mercantile Bank Limited IPO

2nd September 2022

Tamilnad Mercantile Bank Limited - a bank headquartered at Thoothukudi, Tamil Nadu (India) is planning to raise INR 831.60 Cr via IPO [831.60 Cr Fresh Issue + 0 Cr OFS] Tamilnad Mercantile Bank - History Incorporated in the year 1921 as ‘Nadar Bank Limited’, Tamilnad Mercantile Bank (name changed in the year 1962), TMB is one of the oldest and leading old private sector banks in India. >> Must Read: Nifty prediction for September 2022 Business TMB offers

By Vishal Dalwadi

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Syrma SGS Technology Ltd IPO – Update

26th August 2022

Update Syrma SGS Technology 'LISTING' Syrma SGS Technology Limited made a strong debut on the stock market today. The stock was listed at INR 260 on the National Stock Exchange (NSE) against the issue price of INR 220, while the opening on the BSE was at INR 262; almost 19% listing gains for the IPO holders. The IPO was open for subscription between 12 to 18 August 2022 and got a good response from investors across categories, but the major support came from qualified institutional

By Vishal Dalwadi

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Top 10 Stocks where FIIs Have Increased Stake in Q1 FY23

17th August 2022

The result season ‘Q1 FY2022-23’ has just come to end. Keeping the quarterly numbers in mind, one can say that Indian companies have put up a good show even though there was a pressure of higher inflation, higher commodity prices, and Russia-Ukraine war. While flipping through numbers I have found out companies where fii holding increase since last 5 quarters. I am presenting here 10 such companies where FIIs (Foreign Institutional Investors) have more than 10% of stake and still they are

By Vishal Dalwadi

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News

Rakesh Jhunjhunwala: The Big Bull of India

14th August 2022

Rakesh Jhunjhunwala, popularly known as ‘RJ’ in the corporate circle, the ‘Big Bull’ of India has passes away today (14 August 2022) morning at the age of 62. Birth Rakesh Jhunjhunwala was born on 5 July 1960 and grew up in a Rajasthani family, in Bombay, where his father (Radheshyam Jhunjhunwala) worked as an Income Tax officer. Education Mr. Jhunjhunwals is a graduate from Sydenham College of Commerce and Economics (Bombay) and thereafter enrolled at the Institute of

By Vishal Dalwadi

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IndoStar Capital Finance Limited IPO – Details, Update

14th August 2022

Update Q1 FY 2022-23 Earnings IndoStar Capital Finance Limited - a non-banking finance company engaged in providing structured term financing solutions to corporates has posted its Q1 numbers today. The consolidated total revenue of the company for the quarter ended 30 June 2022 stood at INR 313.82 Cr as against INR 264.76 Cr for the same period last year, registering a growth of 18.53% year-on-year basis, However the revenue for the last quarter ended 31 March 2022 of the

By Vishal Dalwadi

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