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Anthem BioScience Ltd. has recently filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) to raise ₹3,395 crore through an initial public offering (IPO). The IPO is structured exclusively as an offer f
Edtech startup PhysicsWallah is gearing up for a significant market debut with plans for an Initial Public Offering (IPO) within the next four to six months. The company aims to raise $500 million, targeting a valuation of $5 billion. If successful,
India’s financial landscape is poised for a groundbreaking year in 2025 as it potentially sets the stage for the largest Initial Public Offering (IPO) in its history. With a surge in IPO activity and investor confidence, the country's capital marke
As the new year begins, gold prices in India have shown an upward trend compared to the previous day. On Wednesday, January 1, 2025, the price of 24K gold in India stood at ₹7,800 per gram, while 22K gold was priced at ₹7,150 per gram as of 10:57
Leo Dry Fruits and Spices Trading Limited is launching its Initial Public Offering (IPO), presenting a book-built issue valued at ₹25.12 crore. The IPO comprises a fresh issue of 48.30 lakh equity shares, with no offer-for-sale component. The issue
Bangalore-based A-One Steels India is set to raise ₹650 crore through an initial public offering (IPO) as part of its strategy to expand its manufacturing facilities and reduce debt. The IPO will consist of a fresh issuance of shares worth ₹600 c
Unimech Aerospace, a new entrant on Dalal Street and a manufacturer of aerospace components, is setting its sights on expanding its domestic operations—a significant market opportunity the company is yet to fully tap. The company anticipates better
The deadline for filing an Income Tax Return (ITR) for the financial year 2023-24 was initially set for July 31. For those who missed the original deadline, the revised ITR with late fees was due by December 31. However, the Central Board of Direct T
In a favorable development, Suzlon Energy successfully contested a ₹172.76 crore penalty levied by the National Faceless Penalty Centre of the Income Tax Department. The Income Tax Appellate Tribunal (ITAT) overturned the penalty, which pertained t
The Indian equity markets in 2024 witnessed significant volatility, marked by a sharp correction after a prolonged bull run. The early months of the year were characterized by robust corporate earnings and strong macroeconomic trends, driving the Nif
Gold prices in India declined today, as compared to their slight upward movement in the past couple of days. On Tuesday, December 31, the price of 24K gold price in India was ₹7,756/ gm while 22K gold was ₹7,110/ gm as of 11:25 AM. In this articl
Foreign portfolio investors (FPIs) have significantly altered their investment strategy in secondary markets. In early December, FPIs invested approximately $1.7 billion in these markets but shifted gears in the latter half, selling around $1.77 bill
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