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Issue closes tomorrow; firm had allotted shares worth Rs 389 cr to anchor investors Nomura Trust, Ashoka India Opportunities Fund, Goldman Sachs and Neuberger Berman
The retail investor portion of the issue was subscribed 16 per cent
Number for 11 months stands at 3.7 mn against nearly 10 mn last year
The direct investment in the cash segment by retail investors continues to be muted
However, amid high hopes, new CEO Mohit Joshi has his task cut out in improving product mix, margins, deal wins, et al
Share of retail in cash segment down over 10 percentage points in one year; but activity spikes in options
May also include transaction costs within total expense ratio instead of allowing it as cost of investment, say sources
Nearly 2.2 mn new accounts added despite turbulence in the market
Shares held by non-promoters are called public float or public shareholding
Budget to focus on rural India, capex, and manufacturing push, as well as prioritising macro stability
No interest to enter telecom sector, says Group CFO
The floor price is set at a 13.4 per cent discount to the last close, while the top-end is close to 9 per cent below
The pace of growth was 34.3 per cent, which was lower than that of 2021 which stood at 61.8 per cent
Adani Enterprises will need to offer at least 35 per cent of the FPO, worth as much as Rs 7,000 crore, to retail investors
KFin Technologies was initially looking to launch a Rs 2,400-crore IPO but now, it has reduced the issue size to Rs 1,500 crore to align with market conditions
Registering online bond platforms as stockbrokers will ensure transparency and protect investors' rights. However, investors must ensure that they are dealing with market participants
Says statutory filings and audit reports by CAs are public documents that multiple stakeholders rely on; urges adherence to fair and transparent practices
The retail shareholding has increased to 6.37% at the end of September, as compared to 2.79% at the time of listing
Next InvIT issuance will have higher reservation for retail investors, says MoRTH Secretary Upadhyaya
For tax-efficient exposure, go for target maturity funds maturing in 2026-2028