News Overview

P N Gadgil Jewellers' IPO allocated 50% of its shares to Qualified Institutional Buyers (QIBs), 15% to Non-Institutional Investors (NIIs), and 35% to regular investors.

Find mutual funds for the banking sector in India. Learn about their performance, benefits, and how to invest in these funds with clear & simple insights from India Infoline.

According to BSE data, the initial share sale attracted bids for 3,62,56,608 shares, with 1,53,50,877 shares on offer.

Retail Individual Investors (RIIs) placed 7.89 times subscriptions, while non-institutional investors placed 3.18 times of their quota.

The initial public offering of Bajaj Housing Finance IPO has been subscribed 6.18 times on the second day of subscription today, according to BSE data.

The order involves the supply, installation, and commissioning of 8,085 solar water pumping systems across multiple districts, with a 5-year warranty.

The broader market indices, BSE Midcap and Smallcap also closed positive with 0.5%

The anchor book will open on September 13, with share allotment scheduled for September 20.

Learn about Foreign Direct Investment (FDI) in India, including its definition, various types, and real-world examples, and understand its significance in economic development.

This is the second straight month of excellent increase in Q2 FY25, demonstrating the company's sustained success in toll collecting.