IPO Analysis: RAIL VIKAS NIGAM LIMITED IPO Analysis: RAIL VIKAS NIGAM LIMITED The government-owned Rail Vikas Nigam Limited (RVNL), is entering the capital market with its IPO. Read on to find if you should subscribe to it.
REIT Analysis: Embassy Office Parks REIT Analysis: Embassy Office Parks India will finally get its first Real estate investment trusts (REIT) listed on its bourses. The initial public offering (IPO) of Embassy Office Parks REIT (Embassy REIT) will open on March 18 and closes on March 20, 2019.
IPO Analysis: MSTC IPO Analysis: MSTC MSTC, which was earlier knows as Metal Scrap Trading Corporation is a Mini Ratna category- I PSU company. It is entering the capital market to raise around Rs 226 crore at the upper band and at the lower band, it will raise around Rs 213 crore.
IPO Analysis : Dinesh Engineers IPO Analysis : Dinesh Engineers The IPO of Dinesh Engineers is opening for subscription from September 28 to October 3, 2018. The company is offering 100 lakh equity shares with face value of Rs 10 each. The issue size is Rs 185 crore and the issue price band is between Rs 183-185 per share. The minimum lot size is 80 shares. Post allotment, the company will get listed on both BSE and NSE.
IPO Analysis : Aavas Financiers IPO Analysis : Aavas Financiers Aavas Financiers plans to raise up to Rs. 1734 cr through offer for sale (OFS) and fresh issue of shares. The OFS includes sale of 1.6 cr shares with face value of Rs 10. The fresh issue will be to raise ~Rs.400 cr by issuing ~48.7 lakh shares. The price band is Rs.818 – Rs.821 per equity share. The offer opens from Sep 25- Sep 28.
Government merges 10 PSBs to form 4 large banks Government merges 10 PSBs to form 4 large banks Gayathri Udyawar / 30-Aug-2019, 04:40 PM / Article rating: 4.0 In consultation with the chiefs of public sector banks (PSBs), the Finance Ministry has created a roadmap to reviving the state-owned bank and consolidation smaller PSBs to form four large banks with increased reach and competitive advantage.
ICRA fires CEO, stock tanks 3 per cent ICRA fires CEO, stock tanks 3 per cent Gayathri Udyawar / 30-Aug-2019, 12:26 PM / Article rating: 3.0 The rating agency's Managing Director and Group CEO Naresh Takkar is being probed by various government investigation agencies for his alleged involvement in the IL&FS crisis.
IIFL Wealth buys wealth management biz of L&T Finance Holdings IIFL Wealth buys wealth management biz of L&T Finance Holdings Gayathri Udyawar / 28-Aug-2019, 05:10 PM / Article rating: 3.3 L&T Finance Holdings Limited sell its investment in L&T Capital Markets, a wholly-owned subsidiary, to IIFL Wealth Finance Limited. The division provides wealth management services in India.
Deadline for filing IT return ends this week Deadline for filing IT return ends this week Gayathri Udyawar / 28-Aug-2019, 12:21 PM / Article rating: 5.0 The last day for filing Income tax returns for the financial year 2018-19 is Saturday, August 31, 2019, which is this weekend. If you are yet to file your returns, read on to know more.
Sensex skyrockets up by 792 points Sensex skyrockets up by 792 points Gayathri Udyawar / 26-Aug-2019, 04:45 PM / Article rating: 5.0 Registering a stupendous 2 per cent gain, the benchmark indices recovered as the central government announced the rollback of FPIs surcharge, a fiscal package for state-owned banks and stimulus for auto sector to revive the economy on Friday.