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
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 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 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
The stock market is a system where people can buy and sell shares of ownership in companies. When you buy a share of stock, you are essentially buying a piece of the company. The stock market can be a great way to build wealth over time, but it’s important to understand the risks involved. Why … Read more
Jio Financial Services (JFSL) is a financial services company that was formed in 1999 as a wholly-owned subsidiary of Reliance Industries Limited (RIL). JFSL offers a range of financial products and services to customers in India, including digital lending, insurance, investment, and wealth management. The demerger of JFSL from RIL was completed on July 20, … Read more
The Indian IPO market is gearing up for a busy few months, with a number of high-profile listings scheduled to take place. EbixCash IPO and Tata Technologies IPO are among the most anticipated. Tata Technologies is a subsidiary of Tata Motors and is one of the world’s leading engineering, design, and manufacturing services companies. The … 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