Page 13 - Investors

Campus Activewear IPO subscribed 51.75 times as brokerages recommend buy

The company had fixed a price band of Rs 278-292 per share in the IPO

Veranda Learning Solutions' Rs 200-cr IPO to open on March 29

The company has set the price band for its IPO between Rs 130-137 per share.

Judge rules Musk's tweets over taking Tesla private were false: Investors

The filing said that the court ruled April 1 that Musk's 2018 tweets were "false and misleading."

Tesla CEO Elon Musk may bring wealthy partners to acquire Twitter

As Twitter adopts the 'poison pill' strategy to stop Elon Musk from forcefully buying it, the Tesla CEO is reportedly speaking to investors who could partner with him on acquiring the platform

Investors snap up dollar on hawkish Fed views; yen slumps past 126

The yen led losers against the dollar with the Japanese unit weakening 0.8% to cross the 126 yen to the dollar level for the first time since May 2002.

UK-based investor Nithia Capital eyes more acquisitions in steel space

Firm has been active in Indian steel space the past few years. Earlier in the month, it completed acquisition of Crest - under IBC - for a consideration exceeding Rs 600 crore

FPIs turn net buyers in April so far; invest Rs 7,707 cr in equities

The latest inflow comes following massive net outflows to the tune of Rs 1.48 lakh crore from equities in the last six months from October 2021 to March 2022.

Markets open, banks shut: Investors suffered after RBI holiday on Feb 7

Markets remaining open during bank holidays isn't uncommon. However, such days are known well in advance.

CCI probes debt trustee units of SBI, Axis, IDBI on suspected fee cartel

Indian regulations mandate that companies raising debt appoint a so-called 'debenture trustee' to protect the interests of investors.

Mamata may need to conjure up resources to woo big-ticket projects

Investor summits by any state are about intent, big numbers, and tall claims.

Pine Labs raises $50 mn from Vitruvian, taking total to $920 mn in 8 months

Merchant commerce platform got $150 million from Alpha Wave Global in February and $20 million from SBI in January.

Veranda Learning IPO subscribed 1.31 times on second day of offer

The initial public offering of Veranda Learning Solutions Limited was subscribed 1.31 times on the second day of the offer on Wednesday. The Rs 200-crore IPO received bids for 1,54,39,800 shares against 1,17,88,365 shares on offer, according to an update on the NSE. Retail Individual Investors (RIIs) category received 7 times subscription, while non institutional investors portion was subscribed 1.06 times and Qualified Institutional Buyers (QIBs) 28 per cent. The price range for the offer is Rs 130-137 per share. Systematix Corporate Services Limited is the book running lead manager to the offer. The company is into offering diversified and integrated learning solutions in online, offline hybrid and offline blended formats to students, aspirants and graduates, professionals and corporate employees. The equity shares are proposed to be listed on both BSE and NSE.

Sebi brings out stricter regulatory norms for collective investment schemes

The board of Sebi also approved the budget for the regulator for the financial year 2022-23.

CM Bommai announces launch of 'Invest Karnataka 2022' Meet in B'luru

The event will be held in Bengaluru from November 2 to November 4.

Fed hiking cycle: What next?

We may need to be prepared for greater volatility in asset markets and no Fed riding to the rescue to save markets

Ruchi Soya FPO: Sebi orders retail investors be allowed to withdraw bids

Sebi's directive comes amid 'circulation of unsolicited SMSs advertising the issue'; the window for withdrawal shall be available on March 28, March 29 and March 30, 2022

Social e-com firm Meesho eyes $500-mn war chest; funds to be used for M&As

Mandates Morgan Stanley to find lead investor; funds to be used for M&As

Ruchi Soya FPO subscribed 12% on Day 1

On Wednesday, Ruchi Soya allotted shares worth Rs 1,290 crore to anchor investors at Rs 650 apiece

Two years after nationwide lockdown, markets sit pretty with big gains

The market is still pretty with two-year returns for Nifty at 2.3 times, while the Nifty Midcap 100 and Smallcap 100 were up a sharper 2.7 times and 3.1 times, respectively.

Anaplan to go private in $9.65 bn deal with Thoma Bravo, shares jump

With pandemic-led lockdowns accelerating digital transformations across enterprises, demand for cloud has jumped