Cyient shares rise 7% after announcing foray into semiconductors
The IT Enabled Services company will set up a subsidiary to foster the company’s Application Specific Integrated Circuit (ASIC) turnkey design and manufacturing capabilities.
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PNB, NMDC, Union Bank, BHEL, GMR Airport enter MSCI indices; here’s how stocks reacted
PNB and Union Bank will be added to the MSCI Global Standard Indexes, while NMDC, GMR Airport, BHEL, PNB, and Union Bank will enter India standard indices
IPOs: Some Made A Killing, Others Got Butchered
While some listings fetched mouth-watering gains for investors, others lost their pants.
2024 Ahoy! 57 firms garner ₹49K cr via IPO in 2023; ₹63K cr fundraise lined up for New Year
IREDA, Cyient DLM, Tata Technologies, Netweb Technologies, and Senco Gold are top performers in terms of returns over IPO price.
Cyient DLM shares list at 52% premium; surge up to 60% post debut
Shares of Cyient DLM opened at ₹403 on the NSE, up 52% against IPO price of ₹265; on the BSE, the stock listed at ₹401.
IPO update: NSDL, Muthoot Microfin file DRHP with SEBI; Yatharth Hospital raises ₹120 cr via pre-IPO placement
This week, four IPOs will open for subscription, while six companies will make their debut on stock exchanges.
ideaForge IPO subscribed 106 times; Cyient DLM booked 67x on final day
The IPOs of ideaForge Technology and Cyient DLM received strong response from investors, especially from qualified institutional buyers and retail investors.
Cyient DLM raises ₹259.64 cr from anchor investors; IPO opens today
The company, a subsidiary of IT services firm Cyient, has decided to allot 97,98,113 equity shares to 20 anchor investors at a floor price of ₹265.
7 companies to raise over ₹1,600 cr via IPO this week
From main board IPOs, ideaForge Technology will launch its public offer on June 26, Cyient DLM on June 27, and PKH Ventures on June 30
Cyient DLM IPO to open on June 27; price band fixed at ₹250-265
The electronic manufacturing services company aims to raise ₹592 crore via IPO, which comprises a fresh issue of 2.23 crore equity shares.
