After a record subscription, Mazagon looks set to break defence IPO jinx

NEW DELHI: At 157.41 times subscription, Mazagon Dock Shipbuilders attracted the highest ever interest amongst all PSUs that have hit the primary market. It beat IRCTC, whose initial public offer (IPO) last year, drew 109.75 times subscription. With a strong grey market premium, the ‘Miniratna’ company now looks set to …

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NSE-BSE bulk deals: Max Ventures further offloads stake in Max Financial Services

Mumbai: Among the key bulk deals on Monday, promoter Max Ventures Investment Holdings further cut its stake in Max Financial Services. The promoter also offloaded some stake in Max Healthcare Institute, while Smallcap World Fund lapped up the company’s shares. Of the benchmark indices, Sensex rose 593 points to close …

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Max Healthcare Institute’s promoter sells shares worth Rs 182 cr

New Delhi: Max Ventures Investment Holdings, a promoter of Max Healthcare Institute, sold co’s shares worth nearly Rs 182 cr on Monday through an open market transaction. As per the bulk deal data on the BSE, Max Ventures Investment Holdings offloaded 1.67 crore shares of Max Healthcare at Rs 108.88 …

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Central Bank of India closes Rs 255-cr QIP; issue price fixed

NEW DELHI: Public sector Central Bank of India on Friday said it has closed its Rs 255-crore qualified institutional placement (QIP) programme and fixed the issue price at Rs 15.38 per share. The capital raising committee of the bank at its meeting held on September 25 passed the resolution and …

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NSE-BSE bulk deals: World’s oldest SWF laps up Eris Lifesciences

Mumbai: Among the key bulk deals on Friday, the world’s oldest sovereign wealth fund Kuwait Investment Authority lapped up shares of pharma company Eris Lifesciences, while promoter International Paper Investments (Luxembourg) exited Andhra Paper. Meanwhile, benchmark equity indices snapped a six-session losing streak, with Sensex rising 835 points to 37,389, …

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Equitas Small Finance Bank downsizes offer size for proposed IPO

New Delhi: Equitas Holdings Ltd on Friday said its small finance bank subsidiary has revised downward the fresh issue of equity shares for its proposed IPO to Rs 280 crore from Rs 550 crore planned earlier. Also, Equitas Holdings (as the parent company) will offer lesser number of shares for …

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Sensex snaps 6-day losing streak, rallies 835 points to reclaim 37k-mark

Snapping its six-day falling streak, equity benchmark Sensex rallied 835 points on Friday to reclaim the 37,000-mark on across-the-board buying amid mixed global cues. The 30-share BSE index ended 835.06 points or 2.28% higher at 37,388.66. Similarly, the NSE Nifty rose 244.70 points or 2.26% to finish at 11,050.25. All …

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BSE sees listing of commercial papers, debentures of ₹41,200 cr on single day

NEW DELHI : Leading stock exchange BSE on Thursday said it has witnessed listing of commercial papers and debentures worth a little over ₹41,200 crore on a single day on Wednesday. This takes the total fundraising to over ₹10 lakh crore on the exchange across various debt and equity instruments …

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