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CMR Green Technologies share price makes a bumper debut, opens with 40% premium at ₹268 apiece on NSE
CMR Green Technologies shares debuted strongly on 10 June, opening 39.58% higher on NSE and 43.44% on BSE. The IPO was subscribed to 127 times, reflecting robust investor interest, particularly from QIBs and NIIs, despite broader market volatility.
PE investor BC Investments sells Rs 612 crore stake in Emcure Pharma; Kotak MF picks up stake
Private equity firm BC Investments IV sold a Rs 612 crore stake in Emcure Pharmaceuticals to Kotak Mahindra Mutual Fund at Rs 1,700 per share. Despite this divestment, analysts remain positive on Emcure's growth outlook across its core therapeutic segments.
Ajanta Pharma promoter sells ₹1,024 crore stake; mutual funds step in as buyers
A promoter entity of Ajanta Pharma has sold a 2.8% stake in the drugmaker for over ₹1,000 crore through a block deal, with Kotak Mahindra Mutual Fund and Aditya Birla Sun Life Mutual Fund emerging as the key buyers.
Promoter sells Rs 1,024 crore worth of Ajanta Pharma shares in block deal to Kotak MF and ABSL MF
A promoter entity of Ajanta Pharma sold shares worth over Rs 1,024 crore through a block deal, with Kotak Mahindra Mutual Fund and Aditya Birla Sun Life Mutual Fund acquiring the stake. The transaction comes amid strong earnings growth, healthy margins and sustained momentum in the company’s pharmaceutical business.
Merritronix shares to list today. GMP hints at strong SME debut
Merritronix is poised for a strong stock market debut, with its grey market premium of around Rs 64 indicating a potential listing gain of nearly 43% over the IPO price of Rs 149. The company is set to list on the BSE SME platform on June 8 after its public issue received strong investor interest across categories.
Ola Electric QIP Fetches Rs 780 Crore As EV Maker's Issue Gets 56% Oversubscription
Mirae Asset received the highest allocation of 15.38% through multiple allocations followed by Motilal Oswal which received 9.61%.
CMR Green public offer to open on June 3; CIL retail book subscribed 1.5x
CMR Green's IPO opens June 3, Coal India's OFS sees strong retail demand, while Mahindra Manulife enters the specialised investment fund space
The Great Consumption Reset: How a billion Indians changed what they buy
India's consumption landscape is evolving, with consumers favouring experiences, digital services, and premium products over basic goods. Kotak Mutual Fund's report shows a surge in foreign travel spending and premium smartphone sales, indicating a shift towards higher-value purchases.
Simca Advertising shares to list today. Check GMP ahead of debut
Simca Advertising's IPO saw robust investor demand, subscribed over 80 times, yet a modest grey market premium suggests a subdued stock market debut. The out-of-home advertising firm, focusing on Mumbai and Maharashtra, plans to use IPO funds for expansion and digital asset monetization. Despite strong financials, market watchers anticipate a muted listing.
Eternal, Maruti can rally up to 30%, says Mirae Asset Sharekhan
Muthuselvaraj M, Research Analyst at Mirae Asset Sharekhan believes that both Eternal and Maruti have corrected significantly from their respective peaks and are now showings some signs of strength.
Kissht-parent OnEMI Tech makes positive debut; lists at 12% premium on BSE
OnEMI Technology shares listed at ₹190 per share on the NSE, reflecting a premium of ₹19 or 11.10 per cent over its IPO issue price of ₹171 per share
OnEMI Technology (Kissht) Makes Decent Debut On NSE, BSE — Check Listing Price, Premium, Details
On NSE, it listed at Rs 190 per share against its IPO price of Rs 171, a premium of Rs 19. On BSE, it listed at Rs 191 per share.