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ICICI Securities

Mufti brand owner garners Rs 165 crore from anchor investors

The company has allotted 58.9 lakh equity shares to 11 funds at Rs 280 apiece, which is also the upper end of the price band, according to a circular uploaded on BSE's websiteNew Delhi: Credo Brands Marketing Ltd, which...

DOMS Industries IPO fully subscribed within hours of opening

The Rs 1,200-crore IPO received bids for 5,04,55,458 shares against 88,37,407 shares on offer, translating into 5.71 times subscription, according to data available with the NSENew Delhi: The initial public offer (IPO) of pencil maker DOMS Industries got fully...

E-commerce growth in Tier II & III India surpasses Tier I: Report

The growth of e-commerce volumes in tier 2 and 3 cities in India is outpacing that in tier-1 cities, according to a recent report."Smaller Indian cities are now accounting for a bigger volume of e-commerce sales. E-commerce growth in...

JioMart tie up to benefit kiranas hit by loss of market share

As kirana stores lose market share, a tie up with JioMart may be a potential solution and could be beneficial for the viability of kirana stores. According to a report by ICICI Securities, despite all the noise, kiranas likely lost...

Avenue Supermarts IPO oversubscribed 5.71 times on Day 2

The initial public offer of Avenue Supermarts, the operator of retail chain D-Mart, to raise Rs 1,870 crore was oversubscribed 5.71 times on the second day of the offer. According to a PTI report: The IPO, the biggest since PNB...
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Toys“R”Us to open up to 50 stores in India in 3 years: Nitin Chhabra, Ace Turtle

The company plans to open 12 Toys“R”Us stores in 2024 and 100 in five years, as per Nitin Chhabra...
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