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Windlas Biotech IPO Allotment - How to Check the Allotment Status?

Windlas
09/08/2021

The Rs.401.54 crore Windlas Biotech IPO, consisting of Rs.165 crore fresh issue and Rs236.54 crore OFS, was subscribed 22.40X overall at the close of bidding on 06 August. The basis of allotment will be finalized on 11 August. If you have applied for the IPO, you can check your allotment status online. 

You can either check your allotment status on the BSE website or the IPO registrar, Link Intime. Here are the steps.

Checking the allotment status of Windlas Biotech on BSE website

Visit the BSE link for the IPO allotment by clicking on the link below https://www.bseindia.com/investors/appli_check.aspx 

Once you reach the page, here are the steps to follow.

•    Under Issue Type – Select Equity Option
•    Under Issue Name – Select Windlas Biotech from the drop down box
•    Enter the Application Number exactly as in the acknowledge slip
•    Enter the PAN (10-digit alphanumeric) number
•    Once this is done, you need to click on the Captcha to verity that you are not a robot
•    Finally click on the Search Button

The allotment status will be displayed on the screen in front of you informing about the number of shares of Windlas Biotech allotted to you.

Checking the allotment status of Windlas Biotech on Link Intime (Registrar to IPO)

Visit the Link Intime registrar website for IPO status by clicking on the link below: https://linkintime.co.in/MIPO/Ipoallotment.html

This dropdown will only show the active IPOs, so once the allotment status is finalized, you can select Windlas Biotech from the drop down box.

•    There are 3 options. You can either access the allotment status based on PAN, Application Number or DPID-Client ID combination.

•    Select the appropriate option you want to use and enter the details (PAN / Application Number / DPID-Client ID)

•    Finally, click on the Search button

The IPO status with number of shares allotted will be displayed on the screen.

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Weekly Wrap Up - 09th August

Weekly stocks
09/08/2021

NIFTY 50

Nifty closed with a loss of 0.35% near 16238.20 levels on friday. The market breath was bearish with 27 declines against 23 advances. Sectors ended the session in green territory are Auto,  IT, Metals, PSU Bank and PSU Banks  sectors closed in red zone are Realty, Pharma, Media FMCG on Friday. 

NIFTY BANK

Nifty bank closed with a loss of 0.07% near 35809.25 levels. INDUSINDBNK, IDFCFIRSTBK, PNB were top gainer while RBLBANK, BANDHANBNK, SBIN were top losers.  

WEEKLY TOP3 GAINERS (02nd Aug - 06th Aug)
 

            SCRIP

LTP

%CHANGE

HINDOILEXP

166.45

+32.21

COSMOFILMS

1400

+18.39

BASF

3390.30

+16.85

 

WEEKLY TOP 3 LOSERS (02nd Aug - 06th Aug)

SCRIP

LTP

%CHANGE

FRETAIL

52.55

14.27

IDEA

7.10

14.15

FLFL

70.70

14.14

 

Weekly Chart- Nifty 50

Nifty

 

Nifty hit 16300 level for the first time but profit booking seen after RBI shared its monetary policy outcome that was in line with expectations and offering little to the market. On the weekly chart, nifty which gained 3 percent during the week formed a bullish candle and ends the session above its resistance which is a sign of bullish movement in coming session. If the index sustain above 16200 then buyers can attempt a bounce towards 16350, but strength can’t be assumed unless a close above 16,350 is registered. If it sustain above 16350 than it may hit targets of 16500 mark. 

As per the option chain data,, maximum Put open interest was seen at 15000 followed by 16000 strike price while maximum Call open interest was seen at 16500 followed by 16000 strike price. Minor Call writing was seen at 16700 then 16550 strike, while Put writing was seen at 16000 then 16300 strike.

The above data indicates that the Nifty can continue seeing a broader trading range of 16,000-16,500 in the coming sessions.

Nifty find support near 16000 while 16500 will act as a psychological resistance.
 

WEEKLY CHART- BankNifty

Bank Nifty

 

Bank Nifty ends the week with bullish candle but despite crossing 36000 resistance level it could not sustain  above it and closed below it. Selective banking stocks were on the move, but overall, the index lacked strength. 20 Moving average is acting as a brilliant support line as we can see same in above charts. 

Banknifty support is placed near 33900 while on higher side 37500 will act as an immediate resistance.

 

CALL FOR THE WEEK:

AAKASH

 

CALL : BUY AAKASH ABOVE 282 SL 272 TGT 295

Description: 
Trend of stock is bullish, Prices ends the session with big bullish candle, 11-day period Exponential Moving Average is acting as a brilliant support line and it has provided support at regular intervals. This suggest that one should be in the direction of the ongoing trend as far as this line is protected and any pullback towards the same should be utilized as buying opportunity.

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Rolex Rings IPO Listing: Lists at 39% Premium But Fails to Sustain

Rolex Rings IPO Listing
09/08/2021

The expectations were mixed for the Rolex Rings IPO. The IPO had been subscribed 130.44X, but the recent Glenmark Life Sciences IPO had a tepid listing at just 4.2% above its issue price. On 09 August, Rolex Rings did list impressively at a premium of 38.9% but failed to hold on to gains. Against the issue price of Rs.900, the stock of Rolex Rings listed on the NSE at Rs.1,250. Here is the story of Rolex Rings stock performance on the day of listing.

The IPO price was fixed at the upper end of the band at Rs.900 after the 130.44X subscription. On 09 Aug, the stock of Rolex Rings listed on the NSE at a price of Rs.1,250, a premium of 38.9% over the issue price. On the BSE, the stock listed at a price of Rs.1,249, a listing premium of 38.8%. On the NSE, Rolex Rings closed at Rs.1,170, a first day closing premium of just about 30% over the issue price. On the BSE, the stock closed at Rs.1,166.55, a first day closing premium of 29.6% over the issue price.

Rolex Rings IPO Listing Details

On Day-1 of listing, Rolex Rings touched a high of Rs.1,263 on the NSE and a low of Rs.1,105. On Day-1, the Rolex Rings stock traded a total of 1.21 crore shares on NSE amounting to value of Rs.1,423 crore. Rolex Rings was ranked Number 1 by traded value on the NSE on 09th August.

On the BSE, Rolex Rings touched a high of Rs.1,264.95 and a low of Rs.1,105. On BSE, the stock traded a total of 10.79 lakh shares amounting to value of Rs.126.54 crore. At the close of Day-1, Rolex Rings had a market capitalization of Rs.3,177 crore with free-float market cap of just Rs.667 crore.

Also Read: 

Upcoming List of IPOs in 2021

IPOs in August 2021


 

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Nuvoco Vistas Subscription Status Day 1: Closes at 0.16X

Nuvoco
09/08/2021

The Rs.5,000 crore IPO of Nuvoco Vistas, consisting of Rs.1,500 crore fresh issue and Rs.3,500 crore OFS, was only partially subscribed on Day-1. As per the combined bid details put out by the BSE at the close of Day-1 of the issue, Nuvoco Vistas IPO was subscribed 0.16X overall, with bulk of the demand coming from the retail segment. The issue closes on 11th August.

In terms of numbers, out of the 625.00 lakh shares on offer in the IPO, Nuvoco Vistas saw applications for 97.33 lakh shares. This implies an overall subscription of 0.16X. The granular break-up of subscriptions were tilted in favour of retail investors.

Nuvoco Vistas IPO Subscription Day-1

Category

Subscription Status

Qualified Institutional Buyers (QIB)

0.00 Times

Non Institutional Investors (NII)

0.01 Times

Retail Individuals

0.31 Times

Employees

N.A.

Overall

0.16 times

 

QIB Portion

The QIB portion virtually got no response on Day-1. On 06 Aug, Nuvoco Vistas did an anchor placement worth Rs.1,500 crore. QIB portion, net of anchor allocation, was subscribed 0.00X (getting applications for negligible shares against the available quota of 178.57 lakh shares) at the close of Day-1.

HNI Portion

The HNI portion got subscribed 0.01X (getting applications for 1.89 lakh shares against the quota of 133.93 lakh shares). However, funded applications and corporate applications would typically come in on the last day only.

Retail Individuals

The retail portion got subscribed 0.31X at the close of Day-1, showing limited retail appetite. Out of the 312.50 lakh shares on offer, valid bids were received for 95.44 lakh shares, of which bids for 77.96 lakh shares were at the cut-off price. The IPO is priced in the band of (Rs.560-Rs.570) and will close for subscription on 11th August. 

Also Read: 

Upcoming IPOs in 2021

New IPOs in August 2021

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What should investors do after Zomato Q1 numbers FY22

Zomato
10/08/2021

If you are one of those investors in the Zomato IPO or in the secondary markets, you are likely to disappointed by the Q1 results. Zomato reported over 3-fold rise in net losses at Rs.356 crore for the Jun-21 quarter compared to Rs.99 crore net loss in the Jun-20 quarter and Rs.153 crore in Mar-21 quarter. Incidentally, the losses were triggered by expensing of 36.8 crore ESOPs granted to founder, Deepinder Goyal.

But what would have perhaps astounded investors is the fact that the Zomato stock is sharply up on 11th August notwithstanding higher losses and overall weak markets. In this dichotomy, lies the real story of Zomato.

What impressed the markets was the solid top-line growth. Total revenues of Zomato grew 22% on a sequential basis (despite COVID 2.0) to Rs.844 crore. The Indian food delivery business clocked gross order value of Rs.4,540 crore in the quarter, so clearly, Zomato takes a big chunk of that market. What really got impacted by COVID 2.0 was the dine-out market which was dysfunctional due to restrictions.

The moral of the story is quite clear. Investors who have invested in Zomato, either in the IPO or the secondary markets, never expected a turnaround to profit. The prospectus was quite clear that losses and cyclical pressures would continue for some more time. What the investors were really betting on, is rapid growth in revenues and market share and Zomato has delivered on both counts. 

That explains why the stock is rallying despite wider losses and in the midst of weak markets. Of course, it is always advisable that you should consult your financial advisor to ensure that the stock fits into your long term portfolio goals.

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Reliance Industries makes a Green Energy Bet with Stake in Ambri Inc

Relience
10/08/2021

The big differentiating technologies in green energy is likely to be the use of Lithium batteries and beyond. However, many of these technologies are yet to take off in a commercial way. This week, Reliance New Energy Solar, a subsidiary of Reliance Industries, joined a consortium of strategic investors to invest $144 million in Ambri Inc. Ambri is a specialized energy storage company based out of Massachusetts in the United States. 

Reliance will acquire 42.3 million preferred shares in Ambri Inc for $50 million, while other like Paulson & Company and Bill Gates will be the other strategic investors. According to a Reliance spokesperson, the big challenge in renewable energy forms is integration into electric power grids. One way is a long duration energy storage system that is safe, durable and economical. It is this type of storage system that Ambri will commercialize with the fund infusion from strategic investors. 

In its 44th AGM, Reliance Industries had laid out an elaborate green energy plan to makes its O2C (oil to chemicals) business environmentally sustainable in the future. Under the terms of the agreement, Reliance New Energy Solar and Ambri Inc will collaborate to set up a large scale battery manufacturing unit to make Reliance’s green energy plans more viable. This is likely to be part of the Giga Factory project at Jamnagar that Mr. Mukesh Ambani had announced in the Reliance Industries AGM.

Currently, Ambri’s technology can cater to projects needing energy systems ranging from 10 MWh to 2 GWh. Reliance New Energy, in association with Ambri will manufacture calcium and antimony electrode based cells, which are more economical and more flexible than lithium-ion batteries. These batteries can last up to 20 years without degrading.

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