Sovereign Gold Bond Scheme: Invest in Gold at a Discount , Full Details Inside

Sovereign Gold Bond Scheme

The Sovereign Gold Bond Scheme is a government-backed investment scheme that allows investors to buy gold at a discount. The current issue of Sovereign Gold Bond SGB 2023–24 Series II offers a discount of Rs. 5,873 per gram for investors applying online Sovereign gold bond scheme full details: Description Security Name SGB 2023–24 Series II … Read more

At what time does an IPO get listed in India?

IPO

In India, initial public offerings (IPOs) are listed at 9:00 a.m. on the listing day. The listing ceremony takes place at this time. The exchanges then conduct a one-hour pre-open trading session for the newly listed IPO shares. During this time, the opening price of a stock is determined. The trading session is divided into two parts: The … Read more

A Beginner’s Guide to Reading Financial Statements of Indian Companies

reading financial statements

What are Financial statements? Financial statements are written reports that summarize a company’s financial performance and activities. They include information on what the company owns and owes, how much money it has made and spent, and its financial position. Management prepares financial statements for a company each quarter, each six-month period, and each year. To … Read more

Jupiter Hospital IPO: Key Things to Know

jupiter hospital ipo

Jupiter Life Line Hospitals, a multi-specialty tertiary and quaternary healthcare provider, is offering an initial public offering (IPO) of ₹869.08 crore. Jupiter Hospital IPO comprises a fresh issue of shares worth ₹542 crore and an offer-for-sale (OFS) of 44.5 lakh shares by 10 selling shareholders. The price band for the IPO is ₹695- ₹735 per … Read more

Understanding the Differences Between NCDs and Bonds

NCDs VS Bonds

NCDs and bonds are both debt instruments that are issued by companies or governments to raise money. Here is a table summarizing the key differences between NCDs and bonds: In general, NCDs are considered a riskier investment than bonds because they are not backed by collateral and cannot be converted into equity shares. However, Non-Convertible … Read more

Kahan Packaging SME IPO: Key Details and How to Apply

Kahan Packaging IPO

Kahan Packaging SME IPO is a fresh issue of 720,000 equity shares of face value of Rs. 10 each, aggregating to Rs. 5.76 crore. The issue is priced at Rs. 80 per share. The minimum application size is 1600 shares. The IPO opens for subscription on September 6, 2023, and closes on September 8, 2023. … Read more

Aeroflex Industries IPO Subscribed 97.11 Times, to List on Date

Aeroflex Industries IPO

Aeroflex Industries IPO was subscribed 98 times on Wednesday, August 24, 2023, the final day of the bidding process. The issue received bids for 2,25,37,18,090 shares against a total issue size of 2,32,17,667 shares. Aeroflex Industries IPO Subscription Status: The IPO received an overwhelming response from all categories of investors, and was subscribed 97.11 times … Read more

Jio Financial Services Hits Lower Circuit for 2nd Straight Day

Jio Financial Services

Jio Financial Services Ltd. (JFS), the financial services arm of Reliance Industries, hit the lower circuit for the second straight day on Tuesday, August 23, 2023. The stock closed at Rs. 239.20 on the BSE, down 5% from its previous close. There are a few reasons why JFS shares are continuing to fall. One reason … Read more