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Functional & Innovative Foods files DRHP with SEBI to raise funds via IPO
Functional & Innovative Foods Limited has filed its Draft Red Herring Prospectus for an IPO offering up to 85,00,000 equity shares. Proceeds will fund new manufacturing facilities, repay borrowings, and support its subsidiary, Christy Quality Foods.
Madhusudan Kela-backed fund buys stake in IPO-bound Steamhouse India for Rs 40 crore
Ace investor Madhusudan Kela's funds, along with Niveshaay Sambhav Fund, have injected Rs 49.99 crore into Steamhouse India via a pre-IPO placement. This strategic investment positions these entities to hold nearly 3% of the company's pre-IPO equity. Steamhouse India, a Surat-based firm, operates a unique centralized steam supply model for industries and is preparing for its initial public offering.
Easing West Asia tensions boost IPO activity, 3 issues to open next week
The primary market is showing signs of revival as improving geopolitical conditions in West Asia have boosted investor sentiment, prompting three mainboard IPO launches next week and paving the way for more public issues in the pipeline. Cordelia Cruises operator Waterways Leisure Tourism, Jaipur-based jewellery manufacturer Advit Jewels, and IT solutions provider CSM Technologies will launch their maiden public issues over the next few days, while packaging solutions provider Knack Packaging is expected to announce its price band. Quick commerce unicorn Zepto is looking to raise over Rs 10,000 crore, and the country's largest fund house, SBI Mutual Fund, plans to launch its Rs 13,000-crore public issue next month, according to people familiar with the development. In June, CMR Green Technologies and Hexagon Nutrition have already launched their IPOs, while the public issue of insurtech unicorn Turtlemint Fintech Solutions is currently underway. Adding to the momentum, the National
FILA Group sells 7% stake in DOMS Industries for Rs 934 crore
Italian multinational FILA Group has sold a 7 percent stake in DOMS Industries for Rs 934 crore. SBI Mutual Fund and Axis Mutual Fund have bought a combined 2.13 percent stake for Rs 285 crore. FILA Group's shareholding in DOMS Industries has reduced. DOMS Industries manufactures stationery and art materials. The company's shares saw a rise after the transactions.
DOMS Industries block deal: SBI MF, Axis MF buy as FILA sells 7% stake for ₹935 cr
SBI Mutual Fund purchased 9.3 lakh shares of DOMS Industries for approximately ₹205 crore. Axis Mutual Fund acquired 3.6 lakh shares in the company for around ₹79.6 crore.
Madhusudan Kela-Backed Merritronix Files RHP for Rs 70.03 Crore BSE SME IPO - Dalal Street Investment Journal
Madhusudan Kela-Backed Merritronix Files RHP for Rs 70.03 Crore BSE SME IPODalal Street Investment Journal
Weak debut! M.R.Maniveni Foods share price lists at 18% discount to IPO price on BSE SME
M.R.Maniveni Foods share price listed at ₹42.55, down ₹9.45 or 18.17% compared with the offer price of ₹52. Soon after listing, however, the SME stock recovered a bit. It touched the day's peak of ₹44.66, rising almost 5% from the listing price but remained below its offer price.
MR Maniveni Foods shares to list today. Check GMP ahead of debut
MR Maniveni Foods shares are poised for their debut on the BSE SME platform this Monday. Grey market indicators suggest a flat listing, with shares trading near their issue price. The company's Rs 27 crore IPO saw strong anchor investor interest. MR Maniveni Foods specializes in pulse processing, supplying to business-to-business clients.
Stock markets decline for 2nd day on selling in oil, gas, banking shares
Stock markets closed lower for the second consecutive day on Wednesday as investors remained cautious amid conflicting geopolitical signals from the West Asia and fresh foreign fund outflows. In a volatile trade, the 30-share BSE Sensex declined 141.90 points, or 0.19 per cent, to settle at 75,867.80, with 20 of its constituents ending higher and 10 with losses. During the day, it hit a high of 76,224.68 and a low of 75,748.21, gyrating 476.47 points. The 50-share NSE Nifty skidded 6.55 points, or 0.03 per cent, to end at 23,907.15. Sensex had dropped by 479.26 points and Nifty by 118 points on Tuesday. Financials, oil & gas, IT and private banking shares were the major drag while energy, metals, and auto shares advanced, capping the downside. Among 30 Sensex firms, HDFC Bank fell the most by 2.63 per cent. Infosys, ITC, Hindustan Unilever, Reliance Industries and ICICI Bank were also among the major laggards. Power Grid, Eternal, NTPC and Tata Steel were the major ...
M R Maniveni Foods IPO allotment date likely today; GMP, steps to check share allotment status online for SME IPO
M R Maniveni Foods IPO allotment date is likely today, 27 May 2026. Investors can check M R Maniveni IPO allotment status online through the websites of BSE and the IPO registrar. Bigshare Services is the M R Maniveni Foods IPO registrar.
Unique Picks: 6 stocks held by only one MF scheme in April, falling up to 40% in CY26
An analysis of mutual fund portfolios revealed 29 stocks held exclusively by single schemes, with most underperforming in CY26. However, Satin Creditcare Network, Rossell Techsys, and Amanta Healthcare bucked the trend, delivering strong returns. Brooks Laboratories and EFC (I) were among those experiencing significant declines.
Just Dial Ltd leads losers in 'A' group
Acutaas Chemicals Ltd, Indus Towers Ltd, ICICI Prudential Asset Management Co Ltd and CCL Products (India) Ltd are among the other losers in the BSE's 'A' group today, 15 April 2026.