Shares of Docmode Health Technologies listed on Friday with a premium of 141% over the issue price. The stock debuted at Rs 190.25 on NSE SME platform as against an offer price of Rs 79. Ahead of the listing, the company’s shares traded with a premium of Rs 42 in the unlisted market. The public … Read more
Wilson products at the Paragon Sports store in the Chelsea neighborhood of New York on Jan. 4, 2024. Jeenah Moon | Bloomberg | Getty Images Amer Sports, the Finnish athletic company behind the Wilson tennis racket and Arc’teryx, is set to start trading on the New York Stock Exchange on Thursday after raising about $1.37 … Read more
Blackstone-owned Indian home loans provider Aadhar Housing Finance is targeting a $600 million-650 million initial public offering (IPO) at a valuation of up to $3 billion, two people with direct knowledge said on Tuesday. Private equity group Blackstone acquired Aadhar for about $300 million in 2019 as it bet on growing demand for affordable housing … Read more
Capital markets regulator Sebi has returned the draft IPO papers of Gretex Share Broking, a move that might delay the company’s initial share sale. The proposed IPO is a combination of a fresh issue of 1.67 crore equity shares and an offer-for-sale (OFS) component of 30.96 lakh shares by selling shareholders. Proceeds from the fresh … Read more
Chinese-founded online retail giant Shein is not positioning itself as an Amazon “clone,” the company told CNBC, as it prepares for a U.S. public listing later this year. The e-commerce company’s product categories are likely to “grow over time,” as the business entrenches itself deeper into the U.S., Peter Pernot-Day, head of strategic communications, U.K. … Read more
Nova Agritech, a leading agri-input manufacturer specializing in soil health management, crop nutrition, and crop protection products, came out with an IPO. The Rs 144 crore issue, comprising fresh equity issue of Rs 112 crore and an offer-for-sale (OFS) of 77.58 lakh shares, opens today and closes on January 25.Ahead of the IPO opening, the … Read more
After a successful IPO, Medi Assist Healthcare will finalise the share allotment to investors by today evening. Under the allotment process, investors will be allocated shares on a lottery basis. Investors can check the status of their share allotment on the BSE or even by logging in to the registrar website. Firstly, here’s how you … Read more
Adena Friedman, CEO & Board Chair NASDAQ, speaking on CNBC’s Squawk Box at the WEF Annual Meeting in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC Nasdaq CEO Adena Friedman believes the Federal Reserve should be wary of cutting interest rates too soon. Speaking at a CNBC-moderated panel at the World Economic Forum in … Read more
MUMBAI: Despite some volatility, domestic equities clocked marginal gains in the week ended January 12, and benchmark indices scaled lifetime highs led by index heavyweights. While the overall trajectory for markets remains positive in the coming week, there are several factors that will decide the sustainability of gains. “The Q3FY24 earnings season will be the … Read more
Continuing the momentum in the new year, the primary market will see one mainboard IPO of Medi Assist Healthcare and 2 other SME offers next week. Further, three listings including that of Jyoti CNC Automation are scheduled in the week. Analysts said IPOs in recent times are no longer confined to seasoned investors and have … Read more
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