Sensex slips 746 points, ends below 49,000: Five factors that led to correction today
HDFC, ONGC, ITC, L&T, RIL, NTPC were among the top losers today, while Bajaj Auto, Maruti, M&M, TCS, HUL were among the top gainers on Sensex
BusinessToday.In | January 22, 2021 | Updated 17:48 IST
On the currency front, Indian rupee clocked marginal gains by 2 paise to settle at 72.97 amid weak US dollar
Market indices continued to slide for the second consecutive session and closed at day s low in line with weak global equities. Tracking losses in index majors Reliance, HDFC twins and ICICI Bank, Sensex ended 746 points lower at 48,878 and Nifty closed 218 points lower at 14,371.
Indigo Paints IPO opens today: Should you subscribe to the issue?
As per company s DHRP, its main objective for the issue is to meet the upcoming capital expenditure requirement for manufacturing facility expansion at Pudukkottai, Tamil Nadu, to purchase tinting machines and gyroshakers and repay all or certain borrowings
BusinessToday.In | January 20, 2021 | Updated 12:50 IST
American venture capital firm Sequoia Capital-backed firm garnered Rs 347.9 crore from 25 anchor investors ahead of the share sale
The three-day initial public offering (IPO) of Indigo Paints, that opened today is priced at Rs 1,488 to Rs 1,490 per equity share. Shares can be bought with a minimum order quantity of 10 shares. The IPO closes on January 22, 2021. A retail-individual investor can apply for up to 13 lots (130 shares or Rs 193,700).
IRFC vs Indigo Paints IPO: How the two public issues fare against each other
While the government plans to reduce its stakeholding in IRFC to 86% from 100% from the IPO, the promoter holding in Indigo Paints of 60.05% will reduce to 54%, post the issue
Rupa Burman Roy | January 20, 2021 | Updated 19:11 IST
On its third day, IRFC issue was subscribed 3.41x times. Meanwhile, Indigo Paints IPO got subscribed 1.90 times on first day of share sale
The initial public offering (IPO) of Sequoia Capital-backed Indigo Paints that opened for subscription today will be the second IPO of 2021 just after IRFC s share sale that ends today.
Indigo Paints IPO worth Rs 1,170 crore opens today: Should you subscribe?
Indigo Paints IPO: Many brokerage houses recommended investing in the public issue given the company s fast growth in the last decade compared to peers Sunil Shankar Matkar January 20, 2021 / 05:12 PM IST
Indigo Paints, the fifth largest decorative paint company in India, opens its initial public offering for subscription on January 20 with a price band at Rs 1,488-1,490 per share.
The IPO comprises fresh issue of Rs 300 crore, and an offer for sale of 58,40,000 equity shares by promoter (Hemant Jalan) and investors (Investors Sequoia Capital India Investments IV and SCI Investments V).