Page 12 - Investors

Kotak Private Credit fund to raise up to Rs 2,000 cr to finance mid-mkt cos

The fund will have a diversified investment universe and be sector-agnostic

Investors richer by over Rs 12 trillion as markets record sharp gains

Equity investors became richer by over Rs 12 lakh crore on Tuesday, helped by a smart rally in the broader market. The 30-share BSE benchmark zoomed 1,344.63 points or 2.54 per cent to settle at 54,318.47 points with all of its constituents closing in the green. Tracking the sharp rally in equities, the market capitalisation of BSE-listed firms jumped Rs 12,05,523.65 crore to Rs 2,55,55,447.68 crore. "Markets witnessed a sharp rebound and gained over 2.5 per cent, thanks to favourable cues. The benchmark opened higher led by supportive Asian markets as China eased lockdown restrictions. As the day progressed, healthy buying across sectors and short-covering supported the market to maintain its momentum. "It is a much-needed breather for the bulls after five weeks of slide," Ajit Mishra, VP - Research at Religare Broking Ltd, said. Tata Steel, Reliance Industries, ITC, Wipro, ICICI Bank, Larsen & Toubro, HCL Technologies and Maruti were the major gainers among the Sensex ...

Oil prices slide as investors take profit; supply fear still looms

"Investors scooped up profit after a sharp gain last Friday," said Naohiro Niimura, a partner at Market Risk Advisory.

Delhivery IPO subscribed 1.63x on QIB support, Venus Pipes subscribed 16.3x

The QIB portion of the Delhivery IPO garnered 2.66 times subscription, with bids worth Rs 4,385 cr. QIBs also invested Rs 2,346 cr through anchor book

Prudent Corporate Advisory's IPO scrapes through with 1.22x subscription

The institutional investor portion of the issue was subscribed 1.26 times, high-networth individual portion 99 per cent and retail portion 1.3 times

Investors move to gold amid growth concerns, ETF inflows at 2-year high

Industry players said worsenining geopolitical scenario, tightening of interest rates and volatile equity markets have led to investors showing faith in the yellow metal

Market sell-off: Investors poorer by over Rs 13.3 trn in four days

Lack of fresh positive cues is forcing investors to dump equities and switch to safer havens like gold, says an expert

Prudent Corporate IPO subscribed 36% on Day-1 on retail interest

The retail investor portion was subscribed 71%. A day earlier, form allotted shares worth Rs 160 cr to anchor investors

Skillmatics raises $16 mn in series B funding round led by Sofina

Operating in a $100 billion global toys and games market, Skillmatics designs content-led games and play centric learning resources.

Oil prices tumble over 1% on global economic worries, strong dollar

The fall in oil prices reflected trends in global financial markets as investors shed riskier assets on worries about higher interest rates and their impact on economic growth.

Prudent Corporate Advisory gets Rs 159 cr from anchor investors before IPO

The company has decided to allocate a total of 25,30,651 equity shares to anchor investors at Rs 630 apiece, aggregating the transaction size to Rs 159.43 crore, as per the circular uploaded on BSE

Rule changes on client fund access have boosted transparency: NSE

Sebi has barred brokers from using one client's collateral to fund another's margins: one of several steps taken to protect investors.

Musk secures over $7 bn funding from investors for Twitter takeover

The move comes as Musk's margin loan was reduced to $6.25 billion from $12.5 billion announced earlier, according to the filing.

Fintech Kaleidofin raises 2nd tranche of $15 mn Series B equity funding

According to the company, the proceeds of this round will be used to strengthen tailored credit solutions for informal sector customers.

A century in style: Fintech firm Open becomes India's 100th unicorn

The countdown for 100 unicorns had begun early in the year itself but the Russian attack on Ukraine had paused the startups' rush to touch the $1-billion valuation

International recognition for Taliban regime in Afghanistan remains elusive

Since the Taliban seized power in Afghanistan, its spokespersons have commuted to several neighbouring nations, but failed to establish effective diplomatic ties.

Structural weakness of Pakistani economy driving away investors: Report

The long-standing structural weakness of Pakistan's economy, aggravated by the global challenges of the Covid-19 pandemic and the Ukraine-Russia war, is scaring away the investors in the country

More is less in client communication

Sarika likes to go through all the communication she receives and then take an informed decision. She was hassled because this deluge was hindering her

Rainbow Children's Medicare's IPO subscribed 12.4x on institutional push

Institutional demand for IPOs of both Rainbow Medicare and Campus Activewear, which closed this week, have been strong. Experts say this is a healthy sign for LIC's IPO, which opens next week

Rainbow Medicare IPO subscribed 55% on second day of issue

The institutional portion was subscribed by 10 per cent, the retail investor portion by 82 per cent