Premji Invest's PI Opportunities Fund and Natco Pharma were among the selling shareholders
The broader markets also finished with significant gains with the BSE Midcap & Smallcap indices up 1 per cent and 0.7 per cent, respectively. IT, financials and energy shares were the top gainers.
'Don't get blinded by near term big numbers but think of the decades ahead', said Bob van Dijk
Nearly half of the 87 companies that were listed this year are trading below their issue prices. Let's delve into the green and red flags that investors must keep in mind before applying for an IPO
Post listing, the stock was locked in the upper circuit of 5 per cent at Rs 498.75 on the BSE
Post listing, the stock moved higher to Rs 828, up 11 per cent over its issue price on the BSE
Fintech major MobiKwik, which has filed its draft red herring prospectus (DRHP), on Tuesday said the listing should provide a bountiful rewards to its employees through the ESOPs issued to them. The company, under its ESOP 2014 Scheme, has reserved 4.5 million equity shares for creating a pool of ESOPs for the benefit of the eligible employees. MobiKwik Chairperson, co-founder and COO Upasana Taku said the number of equity shares that would arise from the full exercise of options granted implies 7 per cent of the fully diluted outstanding shares. "This 7 per cent compares to less than 2 per cent holding for most other internet companies that are coming up for listing... Over the last decade, MobiKwik has grown on the strength of its employees to become a leading fintech player in India. As we cement our presence and leadership further, we wanted to acknowledge and reward our employees for their efforts," she added. The Gurgaon-based company - which has about 470 employees - had fil
Online food delivery platform Zomato on Saturday said it did not disclose the exit of its co-founder Gaurav Gupta to the bourses
Ami Organics' stock closed at Rs 935, with a gain of Rs 325, while Vijaya Diagnostic finished at Rs 619, with a gain of Rs 88.
Interest in the broader markets remained strong, with BSE Midcap index rallying 1.09 per cent and the BSE Smallcap index 0.63 per cent
Post listing, the stock hit a high of Rs 929 and a low of Rs 841 in intra-day trade
Direct listing of securities overseas by Indian entities is allowed but there are certain issues which need to be sorted out for this to become a success, he said, without elaborating on the hurdles
The BSE MidCap and SmallCap indices settled 1.5 per cent and 1.7 per cent higher, respectively
The stock got listed at Rs 329.95, a 7 per cent discount to the issue price of Rs 353 on the BSE
The Board of Eicher Motors decided to unanimously reappoint Siddhartha Lal as managing director (MD) with a revised remuneration package
The stock rebound from its opening level of Rs 471 and moved higher to Rs 538.60 on the BSE in intra-day trade
Market regulator Sebi kept the proposed Rs 4,500-crore initial share-sale of edible oil major Adani Wilmar in "abeyance"
At 10:01 am, CarTrade Tech was trading at Rs 1,579.70, down 2.4 per cent to its issue pricee of Rs 1,1618 per share
Stonebridge Acquisition Corporation (SBAC), on Monday announced to have raised USD 200 million or Rs 1,400 crore from global investors for investing into Indian companies.
The stock more-than-doubled to list at Rs 1,700 over its issue price of Rs 837 per share on the BSE