Highway Infrastructure IPO: The allotment status for Highway Infrastructure Ltd.’s initial public offering (IPO) is expected to be finalised Friday, August 8, following overwhelming investor interest that saw the Rs 130-crore issue subscribed over 300 times. The IPO, which opened for subscription from August 5 to August 7, received bids for 4,82,27,63,700 shares against 1,60,43,046…
Shares of Bombay Stock Exchange Ltd (BSE) will be in focus today, August 8, after the company posted its Q1 FY26 results on Thursday post market hours. The exchange reported a 9 per cent quarter-on-quarter rise in net profit to Rs 539 crore from Rs 494 crore, while revenue jumped 13 per cent to Rs…
Stock market rally today: After a cautious start to the week, markets managed to gather pace by Monday afternoon. The Sensex was up over 430 points, trading just above the 81,000 mark, while the Nifty held firm around 24,722, up more than 150 points as of 2:30 PM. Much of the action came from heavyweights like…
The National Stock Exchange of India (NSE) has agreed to pay Rs 40.35 crore to settle charges related to the indirect sharing of confidential information on listed companies with a third-party vendor, the Securities and Exchange Board of India (SEBI) said on Friday. The settlement, which does not involve any admission of guilt, ends regulatory…
M&B Engineering Ltd launched its Rs 650-crore initial public offering (IPO) for subscription on Wednesday, July 30. The IPO received bids for 64.82 lakh shares against the total offer size of 97.98 lakh shares, as per data available on the BSE at 5 pm. Retail investors led the charge, subscribing 2.59 times of their allotted quota….
Sri Lotus Developers’ Rs 792-crore initial public offering (IPO), which opened for subscription on Wednesday, July 30, is witnessing strong investor interest across categories on Day 1. As of the latest data available at 3.30 pm, the Sri Lotus Developers IPO has been subscribed 3.11 times overall. The Qualified Institutional Buyers (QIBs) segment leads with…