The Indian equity market is witnessing another high-octane response from investors as the Dev Accelerator IPO has seen a massive subscription of 28 times on Day 3. The issue, which opened earlier this week, has caught the attention of both retail and institutional investors, marking it as one of the most sought-after SME IPOs in…
In a landmark ruling that could bring long-awaited relief to millions of small investors, the Supreme Court of India has approved the release of ₹5,000 crore from the SEBI-Sahara fund to repay depositors. This decision marks a critical step in the decade-long legal battle involving the Sahara Group and its controversial fundraising schemes. The move…
The much-awaited Urban Company IPO has created a buzz among retail investors, high-net-worth individuals (HNIs), and institutional investors. With its strong brand recall in the home services sector, Urban Company has positioned itself as a market leader, and its IPO has drawn significant attention in India’s primary market. Investors are now keenly awaiting the Urban…
In a significant move towards strengthening India’s renewable energy ecosystem, the Union Cabinet has approved land allotment to GAIL India Ltd. for setting up a state-of-the-art Bio-CNG unit in Bengaluru. This decision is a part of the government’s ongoing efforts to promote sustainable energy solutions, reduce dependence on fossil fuels, and boost the circular economy…
In a major boost to India’s semiconductor and electronics manufacturing ambitions, the Government of Maharashtra has allotted 100 acres of land to RRP Electronics Ltd., one of the country’s emerging semiconductor leaders. This strategic move is being hailed as a significant step towards strengthening India’s presence in the global semiconductor supply chain, while also aligning…
Gujarat-based steel manufacturer VMS TMT Ltd is set to launch its initial public offering (IPO) on September 17, 2025, aiming to raise ₹148.5 crore through a fully fresh issue of 1.5 crore equity shares. The IPO will close on September 19, with allotment finalization scheduled for September 22 and listing on both NSE and BSE…
Infosys Ltd, India’s second-largest IT services company, has announced its biggest-ever share buyback program worth ₹18,000 crore, aimed at enhancing shareholder returns and optimizing capital allocation. The board approved the buyback on September 11, 2025, offering to repurchase shares at ₹1,800 apiece—a 19% premium over the current market price of ₹1,512. This move marks Infosys’…
Paisalo Digital Ltd, a LIC-backed non-banking financial company (NBFC), witnessed a sharp 5% intraday rally on September 11, 2025, after its promoter group increased its stake and the company successfully raised ₹50 crore through secured non-convertible debentures (NCDs). The stock, which trades under ₹50, opened at ₹37 on the Bombay Stock Exchange (BSE) and touched…
Prestige Hospitality Ventures Ltd, the hospitality arm of Bengaluru-based Prestige Group, is gearing up to launch its ₹2,700 crore initial public offering (IPO) in October 2025. The company has already filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) and received regulatory approval to proceed with the listing….
Cotec Healthcare Ltd, one of India’s fastest-growing contract development and manufacturing organizations (CDMO), has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise ₹295 crore through a fresh issue of equity shares. The Roorkee-based pharmaceutical player aims to utilize the proceeds to expand its manufacturing footprint,…
