Investors have responded favorably to the IPO of Diffusion Engineers Ltd. thus far, with bids for 24,42,32,032 shares against the 65,98,500 shares offered, resulting in a 37.01-times oversubscription. On the last day of subscription, the grey market premium (GMP) for the initial public offering (IPO) of Diffusion Engineers Ltd isContinue Reading
The unlisted shares of Arkade Developers were trading at a premium of Rs 80, which equates to a GMP of 62.5 percent against the upper end of the IPO price of Rs 128. Arkade Developers IPO GMP Today: Arkade Developers’ unlisted shares demand a significant premium in the grey marketContinue Reading
PNG IPO Allotment Status: PN Gadgil, situated in Pune, offered its IPO in the price region of Rs 458-480 per share, with a lot size of 31 shares. The subscription date for the IPO was September 10 to September 12. PN Gadgil Jewellers expects to conclude the basis for theContinue Reading
Orient Technologies IPO Date: Before the issue’s launch on August 20, Orient Technologies raised Rs 64.43 crore from five anchor investors. On August 21, the information technology solutions firm Orient Technologies Limited launched subscriptions for its Rs 214.76-crore initial public offering (IPO). The entire issue was subscribed to in justContinue Reading
Nasdaq News: U.S. stocks saw a significant decline for the second day in a row as concerns over weak jobs data intensified. The increase in nonfarm payrolls was only 114,000, less than anticipated. At 4.3%, the jobless rate approached a three-year high. The Nasdaq Composite acknowledged that the market wasContinue Reading
Axis Bank reported a net profit of ₹6,035 crore for the quarter that ended in June 2024, which represents an increase from ₹3,452 crore for the same period in the previous fiscal year. On the other hand, from ₹7,130 crore in the March quarter, the bank’s net profit decreased byContinue Reading
Most Asia-Pacific markets and Nasdaq experienced a decline on Thursday due to a decline in chip-related companies following news of tighter export restrictions from the US and increased geopolitical tensions sparked by remarks made by former US President Donald Trump. The Topix fell 1.6% to finish the trading day atContinue Reading
