ccel (famous as an early investor in Facebook) has earned huge profits from its investment in Indian home services platform Urban Company. Nearly 10 years ago, Accel bought Urban Company shares at an average price of ₹3.77 per share, investing about ₹14.3 crore in total. IPO Listing and Accel’s Returns Urban Company’s IPO price was … Read more
The Initial Public Offering (IPO) of Urban Company, an app-based platform for beauty and home services, is open for subscription from September 10 to September 12. The price band has been set at ₹98 to ₹103 per share. So far, the IPO has received strong demand and has been subscribed 2.34 times overall. Here’s the … Read more
Avance Technologies, a penny stock priced under ₹5, has become a hot topic among investors. Since July, the stock has been on a steady rise and has delivered more than 150% gains in less than three months. For several days in a row, the stock has been hitting the upper circuit limit. On Tuesday, 9 … Read more
The Securities and Exchange Board of India (SEBI) is going to hold a crucial meeting on 12 September. In this meeting, many big decisions are expected that will directly affect the stock market and investors. One of the key points of discussion will be whether mutual fund companies should be allowed to invest in activities … Read more
The IPOs of two companies from the SME segment are opening today. However, both are trading at zero premium in the grey market, which indicates a weak start. Let’s look at the details of these IPOs. Krupalu Metals IPO IPO Size: ₹13.48 crore Fresh Issue: 19 lakh shares Subscription Dates: 8 September to 11 September … Read more
The post office in India does more than just deliver letters and parcels. It also offers various investment schemes, one of the most popular being the Post Office Monthly Income Scheme (POMIS). This scheme is ideal for people who want to invest their hard-earned money safely and receive a fixed monthly income. In this scheme, … Read more
The IPO (Initial Public Offering) season is very active in the Indian stock market. In the second week of September, starting from September 8, a total of 9 companies are launching their IPOs. Out of these, three are mainboard IPOs from big companies. Apart from new issues, several companies will also see their shares listed … Read more
Valiant Communications Ltd, which has doubled investors’ money in just 6 months, has announced its first-ever bonus issue. The company has informed the stock exchange that it will distribute bonus shares to its investors. Bonus Ratio and AGM Details Investors will get 1 free share for every 2 shares held (face value ₹10 each). However, … Read more
Prime Focus shares hit the upper circuit today after gaining 10 percent. The rise is believed to be due to a block deal. The stock opened at ₹152.95 and, after the jump, reached ₹158.10 on the BSE. This is the second consecutive trading day when the company’s shares have gone up. Block Deal of 47.5 … Read more
Urban Company, the mobile app-based beauty and home services platform, has set the price band for its upcoming ₹1,900 crore IPO at ₹98 to ₹103 per share. The IPO will be open for subscription from September 10 to 12. Bidding for anchor investors will take place on September 9. The share allocation will be as … Read more
Today, two companies are launching their IPOs in the primary market. Out of these, one belongs to the SME segment and the other is a mainboard IPO. Both IPOs are performing well in the grey market. Rachit Prints IPO (SME Segment) IPO Size: ₹19.49 crore Type: Fully fresh issue Shares Offered: 13 lakh fresh shares … Read more