The government’s two-day Offer-for-Sale for up to 6 per cent stake in Hindustan Copper began on Tuesday, targeting proceeds of around Rs 3,000 crore. Institutional bidding opened first, while retail investors can participate on Wednesday at a discounted floor price
Lumino Industries will launch its Rs 700 crore IPO on August 27, featuring a Rs 500 crore fresh issue and Rs 200 crore OFS. Proceeds will reduce debt, fund machinery purchases and facility upgrades. Shares will list on BSE and NSE September 3
Six companies, including Blackstone-backed Horizon Industrial Parks and Lalithaa Jewellery Mart, are set to raise nearly Rs 5,600 crore through IPOs next week. The issues will support expansion, capital expenditure and debt repayment, taking the number of 2026 IPOs to 54
LIC shares fell nearly 8 per cent after the government launched an Offer for Sale to divest up to 6.5 per cent stake. The discounted floor price and increased share supply weighed on sentiment as the divestment supports SEBI’s public shareholding norms
India's primary market will stay busy next week with four public issues, including Cube Highways Trust's Rs 5,000-crore InvIT and IPOs of Indo MIM, Lohia Corp and Xtranet Technologies, offering investors fresh opportunities across infrastructure, manufacturing and technology sectors
Tamil Nadu Chief Minister C. Joseph Vijay has urged Prime Minister Narendra Modi to halt the proposed disinvestment of up to 3 per cent stake in NLC India Ltd, describing the PSU as a strategic national asset vital to Tamil Nadu's economy, energy security and industrial development
Shares of Ajax Engineering Ltd on Monday listed on the bourses with a discount of over 8 per cent against the issue price of Rs 629. The stock began the trade at Rs 593, a discount of 5.72 per cent on the BSE
