Mumbai: The Securities and Exchange Board of India (Sebi) has proposed introducing a separate offer document summary containing concise information about the issuer company, along with streamlining the process for pre-IPO pledged shares. “The voluminous nature of the offer document may deter retail investors from reviewing such documents, thereby leading to a lack of engagement…
ET Intelligence Group: Groww, the largest online investment platform by active clients on the NSE, plans to raise ₹5,572 crore through an offer for sale and ₹1,062 crore through a fresh issue that will be used to strengthen the capital base of its subsidiaries and fund cloud infrastructure and brand-building initiatives. The promoter groups’ stake…
Mumbai: Retail investors are piling into Sovereign Gold Bonds (SGBs)-a popular government-issued debt instrument denominated in gold-in the secondary market, driving up prices far above gold’s record levels. Last week, individuals paid premiums of up to 32% over the metal’s spot price amid the sharp run-up in prices, triggering the buying frenzy. In the event…
SIP inflows remained highly encouraging despite muted Nifty returns over the past year, reflecting growing retail investor maturity and discipline, says Anand Vardarajan of Tata Asset Management. September saw strong SIP momentum even as equity inflows slightly eased to around Rs 30,000 crore from Rs 33,000 crore in August — a reasonable figure considering the…
Vikran Engineering IPO: The three-day subscription window for Vikran Engineering’s Rs 772 crore initial public offering (IPO) closes today. The issue has seen a decent response from investors so far, with total bids exceeding 5.24 times the shares on offer by the end of Day 2. Data from the National Stock Exchange (NSE) shows that…
AMFI Mutual Fund Data: The mutual fund industry saw strong growth in new SIP accounts in the April-June quarter of 2025. Around 1.67 crore new SIPs were added, up from 1.41 crore in the previous quarter, according to AMFI. Markets have been volatile, and Nifty 50’s gains this year have been modest. But retail investors seem…