News Overview

Demand was driven by retail individual investors (RIIs), who subscribed for more than twice the amount set out for them.

The company is offering its shares for between Rs 259 and Rs 273 each. The issue's three-day bidding ends on Monday, November 18.

October 2024 was marked by FPI sell-off and market correction almost across the board

There was virtually no respite as FPIs were net sellers on almost all the trading sessions during October 2024

Top gainers in Sensex include Tech Mahindra, infosys, Wipro, M&m. Top losers in Sensex include Asian Paints, Tata Motors, Reliance, ICICI Bank.

The IPO includes a fresh equity issue worth ₹800 Crore and an offer-for-sale (OFS) of ₹1,400 Crore from promoters.

The IPO’s price range is set at ₹275 to ₹289 per equity share, with a face value of ₹2 per share.

The company raised ₹5,085.02 Crore from institutional investors through an anchor book launched on November 5.

Sagility India Ltd., a supplier of technology-enabled healthcare services, received offers for more than 123 crore shares in its first share offering

Understanding the concept of revenue expenditure, its classification, importance and distinction from capital expenditure. Know how control of revenue expenses influences profitability as well as business processes.