Reliance Power shares snap 15-session gaining streak; here’s why
The stock was consistently hitting 5% upper circuit for the past 12 sessions, while it maintained an uptrend since September 12, rising 72% during the same period.
fundraising
October 2024
September 2024
August 2024
IPO fundraising doubles to ₹51,365 cr in H1 FY25, QIP triples to ₹66,225 cr
The primary market saw a surge in momentum in the last two months, with 22 out of the 40 IPOs coming in August and September.
Mankind Pharma shares snap 4-session losing streak on fundraising, OTC biz transfer
The pharma major has transferred its Over-the-Counter (OTC) business to its subsidiary, Mankind Consumer Products, via a slump sale.
IREDA shares snap 4-session losing streak; jump 4% on fundraising plan
The PSU to raise ₹4,500 crore in one or more tranches; GoI stake to be diluted up to 7% via QIP.
JSW Infra shares jump 7% on fundraising buzz; co says no such proposal
The Sajjan Jindal-led JSW Group company has clarified to the exchanges that there is no such proposal for discussion before the board.
87% IPOs of FY25 trading above issue prices; is listing gains driving primary market?
The average listing day gains of the 30 IPOs listed in FY25 (as of September 10) is 33.5%, which increased from 29% in FY24 and 9% in FY23.
Why are Brigade Enterprises, Prestige Estates shares trading higher today?
Brigade Enterprises has raised ₹1,500 crore by selling equity shares to institutional investors, while Prestige Estates garnered ₹5,000 crore via QIP.
Zen Tech shares surge to all-time high on fundraising via QIP
The surge came after the aerospace and defence giant’s fundraising committee approved the QIP issue, setting the floor price at ₹1,685.18 per share with a potential discount of up to 5%.
IREDA shares jump 7% on plans to raise ₹4,500 cr
The fundraising is part of IREDA’s plan to raise ₹24,200 crore in FY24-25; it garnered ₹1,500 crore via bonds in June this year.
Ecom Express, Smartworks Coworking, Metalman Auto: These Delhi-NCR-based firms file for IPO with SEBI
Ecom Express, Smartworks Coworking, and Metalman Auto have submitted their DRHPs with SEBI to raise capital via IPO route.
