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IR Smart Class: SME IPO

Frequently asked questions about Initial Public Offering (IPO) for small and medium retail businesses answeredSmall businesses are an important driver of India’s economy, contributing to over 27% of the country’s GDP.As of June 2023, the government’s portal that registers...

Mufti stocks close at 12% premium on debut

Mumbai-based retailer Credo Brands Marketing scrip listed at Rs 282 per share on BSE and Rs 282.35 per share on NSENew Delhi: Credo Brands Marketing, the parent company of apparel brand Mufti, listed on the country’s stock exchanges—National...

Motisons Jewellers stock gains over 98% in debut trade

The stock made its debut at Rs 103.90, up 88.90% from the issue price on the BSE. Later, it zoomed 98.34% to Rs 109.09New Delhi: Shares of Motisons Jewellers Ltd on Tuesday listed with a huge premium of over...

Reliance Retail files Infra Investment Trust proposal with SEBI, to raise up to Rs40,000 crore

Reliance Retail plans to raise Rs 400 crore initially within the next two months through the trustNew Delhi: Reliance Retail has filed an infrastructure investment trust (InvIT) proposal on Friday with the country’s market regulator Securities and Exchange Board...

Bikaji Foods IPO subscribed 26.67 times on last day of offer

The Rs 881.22-crore IPO received bids for 55,04,00,900 shares against 2,06,36,790 shares on offer, as per data available with the NSENew Delhi: The initial public offering of Bikaji Foods International was subscribed 26.67 times on Monday, the last day of...
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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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