Top News India’s Gross Domestic Product (GDP) registered a robust growth of 7.4% in the January–March quarter of the financial year 2024–25, surpassing market expectations and marking the highest quarterly growth in the past year. This strong performance reflects the continued momentum in economic activity, driven by resilient domestic demand, increased government spending, and a…
Neptune Petrochemicals IPO Day 1: Here is Subscription status, GMP, other key details you need to know for subscribing to the IPO that opened for subscription on Wednesday 28 May 2025 Neptune Petrochemicals IPO- Subscription status The IPO of Neptune Petrochemicals received 0.33 times subscriptions by 3.40 PM on May 28, 2025. The public offering…
Leela Hotels IPO: Brookfield-backed Schloss Bangalore Ltd, which owns the hotel chain “The Leela” Palaces, Hotels and Resorts, is set to open its initial public offering (IPO) for public subscription on Monday, 26 May 2025, and is scheduled to close on Wednesday, 28 May 2025. Also Read | Leela Hotels raises â‚ą1,575 crore from anchor…
Upcoming IPOs: The primary market is poised to witness significant activity in the upcoming week, starting Monday, 26 May 2025, with a series of initial public offerings (IPOs) opening for public bidding. The Indian stock market will witness the opening of four mainboard IPOs and five small and medium enterprise (SME) IPOs, apart from other…
Top News Debt mutual funds experienced a robust 20.5% surge in their assets under management (AUM) during the financial year 2024–25 (FY25), signaling renewed investor confidence in fixed-income instruments amid evolving macroeconomic conditions. According to data released by the Association of Mutual Funds in India (AMFI), the AUM of debt-oriented schemes expanded significantly, rising from…
Borana Weaves IPO: Borana Weaves Limited’s initial public offering (IPO) is a book-built issue offering investors a fresh issuance of 67.08 lakh equity shares. The textile manufacturer’s initial public offering (IPO) opened for public issue on 20 May 2025 and is set to close on 22 May 2025. Stock market investors subscribed 8.54 times to…
The Securities and Exchange Board of India (Sebi) on Wednesday froze the promoter shareholding of jewellery firm Varyaa Creations Ltd (VCL) and barred the company from accessing the capital markets after it allegedly found large-scale diversion of initial public offering (IPO) proceeds on the day of listing. The promoters of Varyaa are Pooja Vineet Naheta,…
Top News India’s Goods and Services Tax (GST) collections saw a significant rise in April, reaching â‚ą2.37 lakh crore—a 12.6% increase compared to the same month last year. This marks a new milestone in the country’s economic recovery and reflects growing business activity across sectors. The surge in collections isn’t just a number—it represents higher…
Vijay Shekhar Sharma, the founder and managing director of One97 Communications Ltd, has settled a regulatory probe initiated by the Securities and Exchange Board of India (Sebi) over alleged irregularities in the grant of employee stock options (Esops) ahead of the fintech’s 2021 initial public offering. Sebi accepted revised terms proposed by Sharma, his brother…
Upcoming IPOs: Four companies have received approval from the Indian capital markets regulator, the Securities and Exchange Board of India (SEBI), to raise money from the Indian stock market through an initial public offering (IPO). As per Sebi‘s official circular released on May 2, 2025, the markets regulator has given the green light to Ajay…
