Rapid Fleet is set to launch its Initial Public Offering (IPO) on March 21, 2025, with the issue scheduled to close on March 25, 2025. The IPO will be a Book Built Issue, aiming to raise approximately ₹43.87 crores. This total comprises a fresh issue of shares worth ₹43.87 crores, while the offer for sale…
Active Infrastructures is set to launch its Initial Public Offering (IPO) on March 21, 2025, with the issue remaining open for subscription until March 25, 2025. The IPO is structured as a Book Built Issue and aims to raise approximately ₹77.83 crores. This includes a fresh issue of ₹77.83 crores, while the offer for sale…
Paradeep Parivahan Limited is set to launch its Initial Public Offering (IPO) on March 17, 2025, with the subscription period closing on March 19, 2025. The IPO is structured as a Book Built Issue, where the company aims to raise approximately ₹44.86 crores. This fundraising includes a fresh issue of shares amounting to ₹44.86 crores…
PDP Shipping & Projects, a company operating in the logistics sector, had a disappointing start on its listing day, Tuesday, March 18. The stock debuted at ₹108.25 per share on the BSE SME platform, marking a sharp decline of 20% from its issue price of ₹135. Soon after listing, the stock hit its lower price…
Bajaj Finserv’s share price witnessed a notable drop of nearly 2% on Tuesday after the company announced that it had entered into agreements to acquire Allianz SE’s 26% stake in its insurance subsidiaries — Bajaj Allianz General Insurance Company (BAGIC) and Bajaj Allianz Life Insurance Company (BALIC). The stock opened lower and fell as much…
Grand Continent Hotels is set to launch its initial public offering (IPO) on March 20, 2025. The IPO will remain open for subscription until March 24, 2025. This offering is structured as a Book Built Issue, where the company aims to raise approximately ₹74.46 crores. The IPO comprises a fresh issue worth around ₹70.74 crores…
Two leading Indian pharmaceutical companies, Sun Pharmaceutical Industries and Zydus Pharmaceuticals, are recalling certain products from the US market due to manufacturing issues. The recalls were disclosed in the latest Enforcement Report issued by the US Food and Drug Administration (USFDA). Sun Pharmaceutical Industries, Inc., headquartered in New Jersey, has initiated a recall of 9,840…
Shares of Ola Electric Mobility Ltd. took a significant hit on Monday, March 17, plunging by as much as 6% during the trading session. This sharp decline pushed the stock below the psychologically important threshold of ₹50 per share. The downturn came in the wake of legal action initiated against the company by a high-security…
Tata Motors’ share price witnessed a decline of 2% on Thursday, reflecting broader selling pressure in the automobile sector. The stock opened the trading session at Rs 670 and managed to touch an intraday high of Rs 671.85 before sliding to a low of Rs 649.60. By the end of the trading day, Tata Motors…
Shareholders of Indian Railway Finance Corporation (IRFC), a Navratna public sector undertaking (PSU), have a reason to celebrate this week as the company is set to announce its second interim dividend for the financial year 2025. The state-owned railway financing company has also finalized the record date for determining which shareholders will be eligible to…