Travel Food Services IPO Subscription Status The Travel Food Services IPO was open for subscription from July 7 to July 9, and the company received a healthy response from investors. The IPO was oversubscribed, with Qualified Institutional Buyers (QIBs) subscribing 7.70 times, Non-Institutional Investors (NIIs) subscribing 1.58 times, and Retail Investors subscribing 69%.
Why is Ex-Dividend Date Important? The ex-dividend date is crucial for investors as it marks the end of the record date for dividend payments. The dividend is payable to all shareholders whose names appear on the company’s list by the end of the record date.
Anthem Biosciences IPO: A Comprehensive Review and Analysis Anthem Biosciences Limited, a Contract Research, Development, and Manufacturing Organization (CRDMO), has hit the Indian primary market with its initial public offering (IPO) on Monday, July 14. The public issue will remain open until 16 July 2025, aiming to raise ₹3,395 crore from this entirely offer-for-sale (OFS)
Asston Pharmaceuticals IPO Allotment: A Step-by-Step Guide The allotment status for Asston Pharma’s SME initial public offering (IPO) has been finalized today, Monday, July 14, after the issue witnessed exceptional participation across investor segments.
Food’s mood India’s headline retail inflation is heavily influenced by food prices, which account for nearly 40% of the Consumer Price Index (CPI) basket. A sustained drop in food inflation has been the main driver of the overall decline in inflation over the past eight months.
Nifty Consolidates Ahead of Major Earnings The Indian stock market witnessed a mixed bag of performances on July 15, with the Nifty 50 index consolidating ahead of major earnings announcements. The benchmark indices snapped a four-day losing streak, with the Nifty 50 ending 0.45% higher at 25,195.80, while the BSE Sensex closed 0.39% higher at
A Default of Epic Proportions The affected lenders include Union Bank of India, Punjab National Bank, State Bank of India, UCO Bank, Indian Overseas Bank, Punjab & Sind Bank, and Bank of India. The largest defaulted amount was towards Union Bank at Rs 3,733.2 crore, followed by IOB at Rs 2,434.1 crore. MTNL also owed
HDFC Life Insurance Q1 Results: A Review of the Numbers HDFC Life Insurance Co., one of India’s leading life insurance companies, has released its Q1 results, showcasing a strong performance for the April-June quarter.
Edible Oil Segment Drives Growth The edible oil segment has been the primary driver of growth for AWL Agri Business, recording a 26% rise in revenue to Rs 13,415 crore. This segment now contributes around 79% of the company’s total revenue and 61% of the volume mix.
HDB Financial Services Q1 Results: Profit Slips Amidst Net Interest Income Surge HDB Financial Services Ltd., the recently listed non-banking financial company, has reported a 2.4% year-on-year decline in net profit for the first quarter of this financial year. The company recorded a consolidated net profit of Rs 568 crore for the quarter ended June,