Travel Food Services raised nearly Rs 600 crore from anchor investors. Kotak Mahindra Capital Company, HSBC Securities and Capital Markets (India) Pvt Ltd, ICICI Securities and Batlivala & Karani Securities India are the book-running lead managers to the issue.
The Rs 860-crore IPO of Crizac Ltd, a student recruitment solutions provider, got subscribed 60 times and closed on July 4.
In this analysis, we compare these three PSU railway stocks across various parameters including dividend payouts, market capitalisation, share prices, and long-term returns to help investors understand which offers the most value.
Earlier this month, investment bankers projected that Indian firms could collectively raise around $2.4 billion via IPOs in July, according to a Reuters report.
The Smarten Power Systems IPO is a combination of a fresh issue of up to 40.01 lakh equity shares aggregating to Rs 40.01 crore and an offer for sale of 10 lakh shares aggregating to Rs 10 crore.
In the ranking of top-10 firms, Reliance Industries retained the title of the most valued firm, followed by HDFC Bank, TCS, Bharti Airtel, ICICI Bank, State Bank of India, Infosys, LIC, Bajaj Finance and Hindustan Unilever Ltd.
Stock Market Update: On Friday, benchmark indices Sensex and Nifty ended higher in a highly volatile trade amid a buying rush in banking and other bellwether stocks on the back of a rally in the US markets.
Among the anchor investors are ICICI Prudential Mutual Fund (MF), Axis MF, Kotak MF, Baroda BNP Paribas MF, Abu Dhabi Investment Authority, Fidelity and Government Pension Fund Global, according to a circular uploaded on BSE's website.
In an exchange filing, the company said that it secured two prestigious export orders from the Commonwealth of Independent States (CIS) region, including Uzbekistan.
The Crizac IPO was opened on July 2 (Wednesday) and closed on July 4 (Friday). The Rs 860-crore initial share sale received bids for 154,56,79,488 shares against 2,58,36,909 shares on offer, as per NSE data.
As per the exchange filing, the size of the contract is 3.6 million USD (CIF). The railway company aims to execute the contract/order within nine months.
PC Jeweller Ltd has reported around 80 per cent growth in revenue during the April-June quarter of this financial year on strong demand despite volatility in gold prices and said it will become debt free this fiscal.
JS Group is not a good faith actor that can be, or deserves to be, trusted, Sebi order says
Trent Ltd on Friday said its standalone revenue for the June quarter was up 19.7 per cent to Rs 5,061 crore. In an exchange filing, the company said that its standalone revenue for the corresponding June quarter a year ago was at Rs 4,228 crore.
Shares of Asian Paints Limited are in focus today (Friday, July 4) after the Competition Commission of India (CCI) passed an order directing the Director General to initiate an investigation against the Company.
Crizac Limited’s shares are proposed to be listed on NSE, and BSE. Equirus Capital Private Limited and Anand Rathi Advisors Limited are the book running lead managers for Crizac IPO.
The Jabalpur-based technology driven human resource outsourcing firm aims to raise Rs 24.24 crore from the bourses, according to reports.
According to the details available, Cryogenic OGS Limited is likely to be finalised on July 8. The allotment status will be released online on the official website of the registrar -- Link Intime India Private Limited.
The Crizac Limited is a Kolkata-based B2B education platform for agents and global institutions, offering international student recruitment solutions to global institutions of higher education.
On Wednesday (July 2), shares of HDB Financial Services were listed at Rs 835 on the NSE. The HDB Financial IPO was the second-biggest after South Korean automaker Hyundai in the last three years.
The company proposes to utilise the net proceeds from the IPO towards reducing debt, and for general corporate purposes.
On Friday, the Sensex climbed 303.03 points or 0.36 per cent to reclaim the 84,000 level and settle at 84,058.90. On the similar lines, the Nifty rose 88.80 points or 0.35 per cent to 25,637.80.
Index to reflect conditions in key financial system segments
Indian stock markets extended their rally for the fourth straight session, with the Sensex crossing 84,000 and Nifty nearing 25,650, driven by easing geopolitical tensions, falling oil prices, and strong foreign investor inflows.
After the IPO, HDFC Bank's stake in HDB Financial Services will be reduced to 75 per cent from the current 94 per cent. The issue will close on June 27.








