Ola Electric, Emcure Pharma Among The 12 Companies Launching IPOs In 2 Months
India’s primary market is poised for a surge with more than two dozen IPOs expected in the upcoming two months. These offerings aim to amass over Rs 30,000 crore. According to recent data, SEBI has approved 18 companies to launch IPOs. These companies are targeting to raise over Rs 20,000 crore. Additionally, 37 companies have […]
Hero FinCorp Board Approves a Rs 4,000 Crore IPO-Detailed Analysis.
Hero FinCorp, the financial arm of Hero MotorCorp, India’s largest two-wheeler manufacturer, has given a green signal for a 4000 crore rupees IPO. The company said in a statement released on 29th May 2024. Hero Fincorp IPO. The Hero Fincorp IPO will have a fresh issue and an offer for sale by the existing shareholders. […]
BoAt’s Parent Imagine Marketing India In Talks With Investors To Raise Funds
BoAt, known for its audio products and wearables, is revving its engine for an Initial Public Offering (IPO). Its parent company Imagine Marketing India is in talks with three investors. Even though, BoAt’s co-founder and CEO, Sameer Mehta stated that there is “no pressing need for the capital and there are some inbound interests from […]
BoAt To Shift From Wearables To Premium Audio Products
BoAt, a popular Indian consumer electronics brand known for its audio products and wearables, is revving its engine for an Initial Public Offering (IPO). Its parent company Imagine Marketing India is in talks with three investors. Even though, BoAt’s co-founder and CEO, Sameer Mehta stated that there is “no pressing need for the capital and […]
Tata Motors Finance Merger With Tata Capital Approved
Tata Motors announced a merger of Tata Capital and Tata Motors Finance. This merger is approved by the Board of Directors of all three entities. As part of the merger, Tata Capital will issue its equity shares to Tata Motor Finance shareholders. This will result in Tata Motors holding a 4.7% stake in the merged […]
Waaree Energies To Supply 445 MW solar Modules To Statkraft India
Waaree Energies – a leading solar solutions provider announced recently that it will supply 445 MW of solar modules to Statkraft India. As per the Company, these 540/545Wp dual glass bifacial solar modules will illuminate single-location solar projects in Bikaner, Rajasthan. The supply is scheduled to be delivered between May and August 2024. This contract […]
‘We Are Ready Just That….’ HDB Officer Reveals IPO Plans.
HDB Financial Services is waiting for approval from its parents HDFC Bank before going forward with their listing process. HDB plans to open around 200 branches in the current fiscal year as the NBFC aims to grow its loan book and operations. “We are ready; it’s just that when we will be asked to, the […]
NSE Launches Its Tourism Index-Check The Components
On June 18th, 2024, the National Stock Exchange(NSE) subsidiary, NSE Indices Limited launched their new thematic Index named Nifty India Tourism Index. Let’s understand the functioning and components of this NSE index. What Does This Index Mean? The Nifty India Tourism Index aims to track the performance of stocks from the Nifty 500 Index, representing […]
SEBI Wants Better Transparency, Tightens IPO Disclosures.
To speed up the IPO Approval Process, the market regulator has decided to seek 31 additional disclosures from companies planning to go public. On May 24, the Securities and Exchange Board of India sent letters to bankers seeking these requirements. Problems In Current IPO Filing. From 2024, more than 45 IPO Applications were filed. However, […]
Waaree Energies Tops PVEL’s Reliability Benchmark for 3rd Consecutive Year
Waaree Energies Ltd has once again achieved recognition as a top performer in the 2024 Kiwa PVEL PV Module Reliability Scorecard. This marks the third consecutive year that Waaree has received this prestigious recognition. The company’s consistent performance highlights its strong commitment to quality and excellence in the solar energy industry. Winning this honor for […]
