The IPO received bids for 33,37,87,825 shares against 10,67,73,244 shares on offer, translating into 3.13 times subscription, as per NSE data. The initial public offer of app-based beauty and home services platform Urban Company Ltd got fully subscribed hours after opening for bidding on Wednesday (September 10, 2025) and later ended the day with…
US President Donald Trump hints at new deal with India, possibly with tariffs similar to Indonesia’s 19% rate US President Donald Trump on Wednesday said the United States is “very close to a deal with India,” suggesting that American goods could soon gain greater access to the Indian market, according to a Reuters report. “We’re very…
The move introduces special provisions for PSUs where the Government of India and/or other PSUs hold 90% or more equity, allowing them to exit the markets through a fixed price delisting mechanism. The Securities and Exchange Board of India (SEBI) has approved key amendments to the SEBI (Delisting of Equity Shares) Regulations, 2021, aimed…
The IPOs of Sri Lotus Developers & Realty (Rs 800 crore), Travel Food Services (Rs 2,000 crore), Laxmi India Finance (Rs 200 crore), Indogulf Cropsciences (Rs 300 crore) and NSDL (Rs 3,000 crore) are likely to be launched in June, say market sources. The month of June is likely to see more than half a…