Markets
BSE See NSE See 49,792.12
393.83 (0.8%)

DSIJ Mindshare

collapse Related Readings collapse

DSIJ Mindshare

IPO Analysis: Credit access Grameen ltd

Rohan Takalkar / Article rating: 3.5

The IPO of Creditaccess Gramin Limited opens for subscription from August 8 to August 10, 2018. This IPO consists of fresh equity issue worth Rs. 630 crore (1,49,28,910 shares) and offer for sale (OFS) of 1,18,76,485 shares by existing stakeholders. Post issue, promoter and promoter group’s holding will reduce to 80.3% and non-promoter shareholding will increase to 19.7% from 1.1%. The face value is Rs 10 per equity share. The minimum lot size is of 35 shares and the issue price band is Rs. 418-422 per equity share. Post allotment, the company will get listed on both BSE and NSE.

Ujjivan reports stable numbers for Q1FY19

Rohan Takalkar / Article rating: 4.5

Ujjivan Financial Services reported net interest income of Rs. 222.4 crore in Q1FY19, an increase of 60.9 per cent over Q1FY18. The financial institution's total income was Rs. 461.7 crore in Q1FY19, an increase of 28.7 per cent over Q1FY18. While the net interest margin stood at 11.6 per cent in Q1FY19, an increase from 9.2 per cent in Q1FY18.

12345Last