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Mutual fund company stocks bleed this year, thanks to tax hit on debt funds and strict expense ratio norms
The year 2023 has not been kind to asset management companies listed on Indian stock exchanges. The…
Tepid debut for UTI AMC—shares list at 12% discount over the issue price
It was a tepid debut for the ₹2,160 crore IPO of the mutual fund manager, UTI Asset Management Comp…
A year after market debut, Paytm is the worst performer among recent large IPOs – Cartrade, Policybazaar and LIC join the party
The Paytm IPO was the second largest in terms of value, but it has been amongst the worst first-yea…
UTI AMC’s ₹2,160 crore IPO opens today — Here’s all you need to know
The Mutual Fund manager, UTI Asset Management Company, is set to float its ₹2,160 crore IPO in the …
KFin Technologies lists at nearly 1% premium on bourses despite weak market sentiment
Shares of KFin Technologies made its stock market debut at a premium of 0.82% at ₹369 as against th…
IPOs in FY23 have been fewer but many have fared better than the previous year
The post-Covid boom saw 84 IPOs being listed on the stock exchanges in FY21 and FY22, but that pace…
Shares of Aditya Birla Sun Life AMC sees a tepid listing, opens at 2% premium
Shares of Aditya Birla Sun Life AMC IPO made a weak listing on stock exchanges as it debuted with 2…
Cash-logistics company Radiant Cash Management raises ₹116 crore from anchor investors
Radiant Cash Management Services Limited (RCMS), an integrated cash logistics company in India has …
Abans Holdings shares tumble 14% after a flat listing on the bourses
At 10:20 a.m., shares of the company declined 15% at ₹228. The market capitalisation of Aba…
UTI AMC IPO allotment: Here’s how to check share allotment status
The ₹2,160 crore IPO of the mutual fund manager, UTI Asset Management Company (AMC), received a tep…
Reddit's long-awaited IPO is targeting a $6.4 billion valuation
The company and its investors are targeting a sale of 22 million shares, with an expected pricing r…
Aruni Soni
Mazagon Dock IPO shines while UTI AMC and Likhitha Infrastructure clock in a tepid response from investors
The Initial Public Offerings (IPO) for Mazagon Dock Shipbuilders, UTI Asset Management, and Likhith…
Aditya Birla AMC IPO’s grey market premium stands at ₹70 per share; up 10% from issue price band
The initial public offering (IPO) of Aditya Birla Sun Life AMC is opening on Wednesday, September 2…
Top stocks to watch — Vedanta, Wipro, RITES, Mazagon Dock, UTI AMC, Glenmark Pharma, and others
Amidst positive cues from the Asian markets, the Indian stock market is likely to open in green. Th…
Top stocks to watch— Infosys, Central Bank of India, DHFL, Anuh Pharma, Shalby, Balaji Telefilms and others
Amid the positive cues from the global market, the Indian stock market is likely to open higher. At…
Top stocks to watch— Future Retail, HDFC, Indiabulls Housing, Vodafone Idea, PVR, Welspun Corp and others
Amid the mixed cues from the global market, the Indian stock market is likely to open on a cautious…
Aditya Birla Sun Life AMC IPO’s last day to subscribe, grey market indicates ₹20 premium
So far, in the first two days of subscription, the IPO has received a tepid response from all ca…
Aditya Birla Sun Life AMC IPO likely to open next week with a ₹3,000 crore issue size
Initial public offering (IPO) of Aditya Birla Sun Life AMC may open in the last week of September w…
Aditya Birla Sun Life AMC’s ₹2768 crore IPO will open on September 29
The mutual fund company will be the fourth fund house to get listed on exchanges. So far, HDFC A…