Stock Market Holiday Update : The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) will remain closed on Tuesday, September 19, 2023, on account of Ganesh Chaturthi. This is a public holiday in India, and all financial markets will be closed. All trading segments will be unavailable on September 19, including: The stock … Read more
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 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
Shares of Jio Financial Services Ltd (JFSL) continued to decline on Tuesday, dipping 5% to ₹239.20 per share on the BSE and ₹239.20 per share on the NSE. This is the second day in a row that JFSL shares have fallen after making a weak debut on Monday. The sell-off in JFSL shares comes as … Read more
Jio Financial Services listing is scheduled on the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE)on August 21, 2023. Jio Financial Services (JFS) is the financial subsidiary of Reliance Industries. The shares were allotted to Reliance Industries (RIL) shareholders on August 10, 2023, in a ratio of 1:1. This means that every RIL … Read more
The Shoora Designs SME IPO is open for subscription. The retail portion is subscribed 1.25 times, while the QIB portion is subscribed 0.39 times. The non-institutional portion is yet to open. The allotment of shares is scheduled for August 24 and the listing is on August 29.
Reliance Industries Ltd. (RIL) has completed the demerger of its financial services business, Jio Financial Services Ltd (JFSL), and allotted shares to its eligible shareholders. JFSL is expected to list on the stock exchanges soon, creating value for its 36 lakh-strong shareholder base. According to a regulatory filing by JFSL, the company has allotted 635.32 … Read more
Three Indian companies are set to launch their initial public offerings (IPOs), aiming to raise a substantial amount of capital. The upcoming IPOs are Pyramid Technoplast IPO, Aeroflex Industries IPO, and Balaji Speciality Chemicals BSCL IPO. The IPOs are anticipated to receive positive attention from investors, as all three companies have strong track records and … Read more
The month of August will witness a flurry of IPO activity in India, as five companies are set to launch their IPOs in August 2023, aiming to raise over Rs. 500 crore collectively. The companies are Vinsys IT Services India Ltd, Oriana Power Ltd, SBFC Finance Ltd, Concord Biotech Ltd, and Yudiz Solutions Ltd. Vinsys … Read more
Today, July 28, 2023 ; 5pm is the last day to subscribe to the Shri Techtex SME IPO, which is a public issue of 7.4 million equity shares by Shri Techtex Ltd., a Gujarat-based manufacturer of polypropylene (PP) non-woven fabric. The issue opened on July 26, 2023, and has received a strong response from investors … Read more