investing Hyundai Motor India shares list at 1% discount over IPO price The listing of the Indian subsidiary of the South Korean automaker was lower than Street expectations as the stock was commanding GMP of ₹48 in the grey market. By Chitranjan Kumar
investing Niva Bupa, Paras Healthcare get SEBI approval for IPOs Niva Bupa Health Insurance had filed its DRHP with the SEBI on June 29 this year, while Paras Healthcare submitted IPO papers on July 31. By Chitranjan Kumar
investing RBL Bank shares tumble 15% to hit 52-week low Net profit of RBL Bank dropped 24% year-on-year to ₹222.52 crore for the quarter ended September compared with ₹294 crore in Q2 FY24. By fortuneindia.com
investing Hyundai India IPO size may limit listing gains; attractive for long-term investment: Analysts Hyundai Motor shares were commanding GMP of ₹75 in the grey market today, estimating listing price to be around ₹2,035, a premium of 3.83% over the IPO price. By Chitranjan Kumar
investing Tech Mahindra shares hit 52-week high as Q2 profit jumps 153% Profit of Tech Mahindra zoomed to ₹1,250 crore for the quarter ended September compared with ₹493 crore in the corresponding quarter last year. By fortuneindia.com
investing JM Financial shares surge 6% to hit 52-week high as RBI lifts curbs on arm RBI in March found violations by its arm and issued "cease and desist" order with regards to financing against shares and debentures, including sanction and disbursal of loans against IPO of shares By fortuneindia.com
investing HDFC Bank's board approves ₹12,500 cr IPO for HDB Financial; stock up 3% on steady Q2 HDB Financial Services is expected to raise ₹12,500 cr via IPO, including fresh equities worth ₹2,500 cr and OFS of shares worth ₹10,000 cr by parent HDFC Bank. By Chitranjan Kumar
investing Afcons Infra IPO: Shapoorji firm to raise ₹5,430 cr at price band of ₹440-463; issue to open on Oct 25 The infrastructure firm has cut OFS size to ₹4,180 from ₹5,750 crore mentioned in the DRHP after it raised ₹2,896 crore in the pre-IPO round. By Chitranjan Kumar
investing Adani Enterprises raises ₹4,200 cr via QIP; here’s how the stock reacts Quant Mutual Fund was the largest investor in Adani Enterprises’ QIP, buying 47% of the total issue size. By Chitranjan Kumar
investing Hyundai India IPO subscribed 2.37 times on final day; GMP drops to zero The GMP of Hyundai Motor India has fallen from its peak of ₹570 on September 27 to zero on October 17, indicating listing to be flat at ₹1,960. By Chitranjan Kumar
