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
Halder Venture Ltd, a company that has given multibagger returns over the long term, has announced the distribution of bonus shares. The company will trade ex-bonus in the stock market for the first time. The record date for this bonus issue has been fixed for this week. Record Date for Bonus and Dividend According to … Read more
ARC Insulation IPO got a strong start in the stock market. The company was listed on NSE SME at ₹145 per share, a 16% premium over the issue price. However, soon after the listing, the stock saw a decline. After falling by 5%, it closed at ₹137.75 per share. The company had fixed the IPO … Read more
The Securities and Exchange Board of India (SEBI) has extended the deadline for stock brokers to submit their net worth certificates needed for offering margin trading facilities. This step aims to make compliance easier and support the ease of doing business, according to PTI reports. Previous Rule Brokers had to submit auditor’s certificates confirming their … Read more
Shares of Julien Agro Infratech Ltd are trading higher in an otherwise weak stock market today. The rise in this ₹10 stock comes after the company announced the record date for issuing bonus shares. Record Date for Bonus Shares In its filing to the exchange, the company informed that it will issue 1 bonus share … Read more
Two companies are opening their IPOs in the primary market today. Both belong to the SME (Small and Medium Enterprises) segment. Let’s look at the details of these IPOs. Globtier Infotech IPO IPO Size: ₹31.05 crore Issue Details: 38 lakh fresh shares + 5,000 shares through Offer for Sale (OFS) IPO Dates: Open from today … Read more