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Bloomberg Quint
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Newmalayalam Steel IPO: Check GMP Ahead Of Share Allotment Today
- Newmalayalam Steel IPO saw strong demand from investors over the three-day subscription window, whereby the issue was booked 50.69 times.
- Shares of Newmalayalam Steel will list on NSE SME, Emerge Platform on Friday, Dec 27.
- The grey market premium of Newmalayalam Steel IPO was Rs 30 as of 5:04 am on Dec. 24.
- Newmalayalam Steel Ltd. plans to use the IPO proceeds to enhance its IT infrastructure, construct a new factory shed, invest in advertising and marketing, and meet working capital requirements.
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Bloomberg Quint
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241
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Check Sanathan Textiles IPO GMP And Steps To Verify Share Allotment Status On Dec. 24
- The grey market premium of Sanathan Textiles IPO was Rs 90 as of 5:04 a.m. on Dec. 24.
- Sanathan Textiles IPO share allotment will be finalised on Dec. 24.
- Over the three-day bidding period, Sanathan Textiles IPO was booked 35.12 times.
- Investors who have bid for the Sanathan Textiles IPO can check its share allotment status on the websites of BSE and the registrar.
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Bloomberg Quint
1d
94
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Transrail Lighting IPO Allotment Today: How To Check Status And Latest GMP
- The share allotment of Transrail Lighting Ltd. is set to be finalised on Tuesday.
- Investors applied for 1,12,44,40,452 shares against the 1,39,16,742 shares put on offer.
- The Transrail Lighting IPO is worth Rs 838.91 crore and is likely to be listed on December 27.
- Investors can check the allotment status on BSE, NSE, and Link Intime India's websites.
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StartupDaily
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No code construction software startup erects $27.5 million Series A
- Construction software startup, Sitemate, has raised $27.5 million in a Series A funding round.
- The funding will be used for product and engineering development, as well as global expansion.
- Sitemate offers software platforms for the construction, energy, and mining sectors.
- The company aims to provide flexible and customizable solutions, integrating with existing business tools.
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StartupDaily
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Australian F1 legend Mark Webber backs hydration monitoring wearables startup in $8 million raise
- Brisbane startup WearOptimo has raised $8 million in funding for its hydration monitoring wearables.
- The round was backed by healthcare provider Aspen Medical, former F1 driver Mark Webber, and others.
- WearOptimo aims to create accessible and affordable healthcare solutions and has opened an Advanced Manufacturing Facility (AMF) in Brisbane.
- The AMF will enable the production of up to 30 million sensors annually, which will be used in various industries.
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Bloomberg Quint
1d
41
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Concord Enviro Systems IPO GMP Jumps Ahead Of Allotment Today; Check Status, Listing Date Here
- The grey market premium of Concord Enviro IPO was Rs 55 as of 5:03 am on December 24, indicating a 7.85% gain per share.
- The Concord Enviro IPO garnered decent interest from investors, with total bids for 5,35,33,347 shares against the 50,15,356 shares on offer.
- Investors can check the allotment status on BSE, Link Intime India, or the NSE website with their details.
- The listing date for Concord Enviro IPO is fixed as Friday, December 27 on BSE and NSE.
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Bloomberg Quint
1d
236
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How To Check Mamata Machinery IPO Allotment Status? Find Latest GMP, Listing Details Here
- The initial public offering of Mamata Machinery became the 5th most subscribed issue of 2024.
- The latest GMP of Mamata Machinery was Rs 260.
- The allotment for the Mamata Machinery IPO is expected to be finalised on December 24.
- Investors can check their share allotment status on BSE and Link Intime India's websites.
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Bloomberg Quint
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363
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Bajaj Auto Poised For Growth With Chetak 35 Launch And Production Cost Cuts, Say Analysts
- Bajaj Auto has invested Rs 300 crore in its electric vehicle infrastructure.
- The company aims to increase production capacity for the Chetak model from 40,000 to 60,000 units per month.
- Over the last five years, Bajaj Auto has sold about 280,000 units of the Chetak.
- Bajaj Auto's market share in EVs has increased from 12% to around 27% in year-to-date December 2024.
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Bloomberg Quint
1d
60
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How To Check DAM Capital Advisors IPO Allotment Status — Details Here
- The allotment status of DAM Capital Advisors IPO is set to be finalised on Tuesday.
- The issue was subscribed 81.88 times, with strong response from investors.
- Shares are expected to list on BSE and NSE on Dec. 27.
- Investors can check allotment status on BSE, NSE, and Link Intime India's websites.
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Bloomberg Quint
1d
181
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Stocks To Watch Today: Vedanta, PG Electroplast, HG Infra, Zaggle Prepaid
- Vedanta, PG Electroplast, HG Infra Engineering, and Zaggle Prepaid are among the stocks to watch today.
- PG Electroplast secured a deal to contract manufacture Whirlpool branded washing machines.
- Vedanta stock will trade ex-date for its fourth interim dividend this year.
- Zaggle Prepaid raised Rs 595 crore via share sale to institutional investors.
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Bloomberg Quint
1d
291
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Stock Market Live: GIFT Nifty Near 23,800; Bharat Forge, HG Infra, TVS Motor Share Prices In Focus
- The GIFT Nifty was trading near 23,800 on Tuesday morning.
- Shares of Bharat Forge Ltd., HG Infra Engineering Ltd., and TVS Motor Co. share prices may react.
- Benchmark equity indices tracked the gains in US and Asia markets to close higher on the first session of Christmas week.
- Nifty ended 0.7%, or 165.95 points, up at 23,753.45 and Sensex closed 0.64%, or 498.58 points, higher at 78,540.17.
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Bloomberg Quint
1d
196
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Asian Stocks In Tight Ranges After US Tech Boost: Markets Wrap
- Asian stocks traded in tight ranges after a boost in US tech companies.
- Shares in Japan swung between gains and losses, while Australia experienced a slight decline.
- Tesla and Nvidia drove a rally in the 'Magnificent Seven' megacaps on Monday.
- Trading is expected to be slow during the holidays.
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Bloomberg Quint
1d
291
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Stock Market Today: All You Need To Know Going Into Trade On Dec. 24
- The US stock market indices opened in the green on Monday.
- Benchmark equity indices tracked the gains in US and Asian markets to close higher on the first session of Christmas week.
- Overseas investors stayed net sellers for the sixth consecutive day and offloaded stocks worth approximately Rs 168.71 crore on Monday.
- Nifty ended 0.7% or 165.95 points up at 23,753.45, and Sensex closed 0.64% or 498.58 points higher at 78,540.17.
- HG Infra Engineering, PG Electroplast, Vraj Iron, and Steel, Zaggle Prepaid Ocean Services are some of the stocks to watch on Tuesday.
- Aster DM Healthcare appointed Nalanda Jayadev as chief executive officer.
- IIFL Capital Services' arm Livlong Protection received a corporate agent license from IRDAI.
- Symphony signed a second addendum regarding the loan agreement with arm Symphony AU.
- The Indian rupee weakened by 10 paise to close at a record low of 85.12 against the US dollar on Monday.
- Stocks worth observing include HG Infra Engineering, PG Electroplast, Vraj Iron and Steel etc.
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Npengage
1d
182
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3 Signs Your Organization Needs a Nonprofit Accounting System
- As nonprofits grow, they may face limited capabilities of low-cost accounting tools.
- It could be time to upgrade when dealing with an unwieldy Chart of Accounts or Class List.
- Nonprofits need to manage revenue and expenses by multiple funds, projects, programs, departments and cost centers, which can be hard with a for-profit system.
- Upgrading can provide a holistic view of finances alongside more secure internal controls.
- Features to look for include industry accounting standards, general budgets and budgets for specific programs and restricted funds.
- Reporting, encumbered funds, purchase order functionality and grant and contract management are also important to consider.
- Effective management of all grants and contracts and internal controls can save nonprofits money.
- Accountability can be increased with native expense management and AP automation.
- A true fund accounting system is almost a necessity for companies past tracking only the ASU 2016-14 net asset classes.
- A majority of nonprofits need to manage revenue and expenses by individual funds, projects, programs, departments and cost centers in order to track restrictions and achieve detailed reporting.
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Medium
1d
376
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Gifting Pearls of Wisdom
- Fund managers share invaluable wisdom for engaging with investors and managing funds:
- Do your homework and tailor your approach to prospective investors.
- Focus on building trust, transparency, and communication for long-term alignment.
- Provide regular updates and standardized reporting for fund performance.
- Be adaptable and open to opportunistic deals for high returns.
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