Articles for tag: financial services, investment, IPO

Rajiv Sharma

HDB Financial Services IPO approved by board, HDFC Bank to sell shares worth ₹10,000 crore

HDB Financial Services IPO approved by board, HDFC Bank to sell shares worth ₹10,000 crore

On October 19, 2023, HDFC Bank has officially approved the Initial Public Offering (IPO) of its subsidiary, HDB Financial Services. This IPO aims to raise approximately ₹10,000 crore through the sale of shares, marking a significant milestone in the financial services sector. Understanding HDB Financial Services HDB Financial Services is a prominent player in the ...

Rajiv Sharma

Vishal Mega Mart gearing up to launch IPO as promoters sell significant stake

Vishal Mega Mart gearing up to launch IPO as promoters sell significant stake

The upcoming Initial Public Offering (IPO) has piqued investor interest, especially given its unique structure. Unlike many IPOs that involve a fresh equity issue, this offering is solely focused on existing shares held by a promoter. Understanding the implications of such an IPO can help potential investors make informed decisions. IPO Overview This particular IPO ...

Rajiv Sharma

Hyundai IPO: 8% subscribed on opening, gray market down 92%

Hyundai IPO: 8% subscribed on opening, gray market down 92%

Hyundai Motor India has recently opened its Initial Public Offering (IPO), generating significant interest among investors. The subscription process commenced today, and early indicators show a robust response. Understanding the dynamics of the subscription and its implications can help potential investors make informed decisions. Current Subscription Status As per the data from the Bombay Stock ...

Rajiv Sharma

New IPO opening from October 16 with price band of ₹180, indicating 75% profit in gray market.

New IPO opening from October 16 with price band of ₹180, indicating 75% profit in gray market.

In recent times, Initial Public Offerings (IPOs) have attracted significant interest from investors looking to capitalize on new opportunities within the stock market. With several IPOs scheduled for the upcoming week, including an SME (Small and Medium Enterprises) IPO, investors are keen to understand the potential and dynamics involved. One standout offering is the Lakshya ...

Rajiv Sharma

IPO subscribed 345 times, listing halted, SEBI to investigate

IPO subscribed 345 times, listing halted, SEBI to investigate

The recent developments surrounding the Trafiksol IPO have raised substantial interest and concern among investors in the Indian stock market. Initially scheduled for a listing on the Bombay Stock Exchange (BSE), the IPO of Trafiksol ITS Technologies faced delays that prompted speculations about the underlying factors influencing this decision. After a month of deliberation and ...