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The category for Retail Individual Investors (RIIs) received 2.60 times subscription, non-institutional investors portion was subscribed 1.80 times and Qualified Institutional Buyers (QIBs) 35 per cent.The IPO has a fresh issue of up to Rs 216 crore and an offer for sale of 14,83,000 equity shares.Price range for the offer is at Rs 216-237 a share.

As per the DRHP, the IPO will comprise a fresh issue of equity shares worth up to Rs 750 crore and an Offer for Sale (OFS) of up to Rs 250 crore

The IPO of Uniparts India will close for subscription on Friday, December 2.

The company is selling its shares in the range of Rs 216-237 apiece between November 28-30, with a lot size of 60 equity shares. The issue comprises fresh equity shares worth Rs 216 and an offer-for-sale (OFS) of Rs 35.15 crore.

Dharmaj Crop IPO consists of fresh equity shares worth Rs 216 crore, with existing promoters and shareholders offloading 14,83,000 equity shares worth Rs 35.15 crore via offer for sale (OFS). Bids can be placed in the lot size of 60 shares.

Rising expectations of aggressive rate hike cycles nearing an end on relatively easing inflationary curve, better than expected US macroeconomics data and resilience of the Indian economy compared to global counterparts are also driving FPI inflows.

In August, the general insurance firm filed draft papers seeking approval from the Securities and Exchange Board of India (SEBI) to go public. The capital markets regulator had sent a written back to the investment bankers handling the IPO for certain clarifications in October and is awaiting a response.

The company will sell its shares in the range of Rs 548-577 apiece with a lot size of 25 equity shares. However, this Rs 835.61 crore issue is entirely an offer for sale by the promoters and existing shareholders of the company.

The company has five manufacturing facilities, two at Ludhiana, Punjab, one at Visakhapatnam, Andhra Pradesh, and two at Noida, Uttar Pradesh. It also has a manufacturing, warehousing and distribution facility at Eldridge (US).

Dharmaj has a strong positioning in the agrichemical value chain with a portfolio of 414 agrochemical formulations and six agrochemical technicals. The company expanded the installed capacity significantly to 25,500 metric tonnes (MT) in FY22 compared with 9,150 MT in FY20.

Paytm’s grim first anniversary underscores an erosion of confidence in its ability to become profitable after debuting at a time when India’s IPO market was enamored with tech startups. It’s one among a slew of startups that listed with valuations seen by many as exaggerated.

It was subscribed 1.55 times. While retail investors bid for 4.7 times the allotted shares, only 50% of the high net-worth individuals' portion was subscribed.

Investors can place a bid of a minimum of 60 equity shares and in multiples thereafter. Also, the issue is open for subscription till Wednesday, November 30. The anchor book will open for a day on November 25.

The stock however, gave up part of its gains before closing at ₹690.10, up 17.6% over its issue price. The ₹858-crore IPO, in which shares were sold in the price band of ₹559-587 between November 10 and November 14, was subscribed over 34 times.

The company's ₹1,960-crore IPO was sold in the range of ₹450-474 per share between November 9 and November 11. Only 70% of the IPO was subscribed but the issue sailed through as it met the criteria set by the Securities and Exchange Board of India for an IPO.

The portion reserved for institutional investors was subscribed 48.91 times, while the retail quota was subscribed 9.96 times. The high-net-worth individuals' portion received bids for 14.9 times the shares reserved for them.

Abhay Doshi, co-founder, UnlistedArena, said despite pricey valuations, the company has a strong business model leading to strong subscription during the three-day bidding process.

Incorporated in 1995, Keystone Realtors is a Rustomjee Group company and is one of the prominent real estate developers. It is engaged primarily in the business of real estate construction, development and other related activities.

Incorporated in 2012, Inox Green Energy Services is one of the major wind power operation and maintenance service providers in India. The company is a subsidiary of Inox Wind.

Before jumping into any statistics, let's discuss what the macroeconomic situation has been over the last 10 months. The economy has witnessed a roller coaster ride of events, from the Russia-Ukraine War to skyrocketing inflation, markets have seen it all. High commodity prices have hit companies' margins all over the world.

Last heard, the company's shares were being dealt at a premium of Rs 120-125 in the unofficial market, translated into a premium of about 30% compared to its issue price of Rs 407.

Experts believe that one shall not expect a dry season for the primary markets but investor's interest and risk appetite have taken a hit after a long series of muted listings, which has dented both number and sizes of the issues.

By the close of trading, however, Nykaa’s stock price recovered to close flat at Rs 185. With the post-IPO lock-in of shares ending for large investors, who had bought the stakes when these companies were private, market players feel there’s more pain for these scrips. For one, these stocks are expected to be weighed down further by large-size selling by early backers. Secondly, fearing a large sell-off, prospective investors will also be cautious to buy these stocks, a trader said.

The IPO will include a fresh issue of shares worth up to Rs 1600 crore

Analysts tracking the grey market said there is definitely the sentimental impact, particularly after the listing of Medanta, which continued to be in demand after the listing following the fund action.

Indian IPOs raised a record $18 billion in 2021 on government efforts to foster startups combined with easy-money policy and a surge in retail trading during the pandemic. But investors have since dumped high-profile tech shares, even as the broader Indian stock market has outperformed global peers and scaled new peaks.

The Mumbai offering may raise between Rs 30 billion and Rs 40 billion, they said, asking not to be identified as the information is private. The IPO may consist of about 75% primary shares and the rest in existing shares, one of the people said.

According to the data from BSE, the investors made bids for 1,21,52,241 equity shares or 1.41 times compared to the 86,47,858 equity shares offered for the subscription by 12.15 pm on Wednesday, November 16.

The hospitality industry body alleged that "OYO is responsible for the systemic depredation of the budget segment hotel business and its market as a means to achieve a notional billion-dollar valuation which is a serious cause of concern for the hospitality ecosystem of the country."

KFintech is also the largest issuer solutions provider in India based on the number of clients serviced and holds a 43% market share based on the market capitalisation of NSE 500 companies and a 34% market share based on the number of clients serviced within NSE 500 companies, as on January 31, 2022.

Analysts tracking the grey market said the issue received a strong response from institutional bidders which boosted the sentiments over the issue. One can expect a mildly positive listing for the stock.Abhay Doshi, co-founder at UnlistedArena said the company received a strong response from QIB bidders which pushed the morale of investors despite aggressive pricing. "One can expect 10-15% returns on debut."

Global Health is one of the largest private multi-speciality tertiary care providers operating in North and East India. It has a network of five hospitals under 'Medanta' brand in Gurugram, Indore, Ranchi, Patna and Lucknow.Dealers tracking the grey market said the lower-than-expected response to the issue dented sentiments for the company and one should not expect any fireworks at listing.

The company's Rs 1,960 crore IPO was sold in the range of Rs 450-474 per share and received a muted investor response, just sailing through between November 9-11 as retailers and HNI investors kept off the issue, and it barely sailed through.

The company will use the IPO proceeds towards funding capital expenditure for setting-up of 25 new stores, two warehouses, financing working capital requirements of the company, repayment or pre-payment, in full or part, of certain borrowings availed by the company and general corporate purposes.

Incorporated in 2012, Inox Green Energy Services is one of the major wind power operation and maintenance (O&M) service providers within India, specifically the provision of O&M services for wind turbine generators.

The company is selling its shares in the range of Rs 514-541 apiece between November 14 and 16, with a lot size of 27 equity shares

Last heard, the shares of Archean Chemical were commanding a premium of around Rs 95-100 in the grey market, hinting for a strong listing pop. The premium in the unofficial market has been hovering around the same levels.

The initial public offering of Fusion Micro Finance ran between November 2-4 wherein the company sold its shares in the range of Rs 350-368 apiece to raise Rs 1,104 crore.

The portion reserved for the qualified institutional buyers was subscribed 98.47 times, while the non-institutional investor's segment saw bids of 21.21 times. The retail investor portion was subscribed 4.09 times.

In September, the Securities and Exchange Board of India (Sebi) announced it would be introducing a special confidential filing framework through which companies will be able to file offer documents privately with the market regulator and seek its comments. They needn't file any public offer document until the actual launch of the IPO. Sebi will soon publish the final guidelines on this framework.

Keystone Realtors is a well-established customer-centric brand with an asset-light and scalable model resulting in profitability and stable financial performance, said Anand Rathi Research, adding that it is among the leading residential real estate development companies.

Edelweiss Financial Services, DAM Capital Advisors, Equirus Capital, IDBI Capital Market Services and Systematix Corporate Services are managers to the issue, whereas Link Intime India is appointed as the registrar to the issue.

The company provides manufacturing and life-cycle support for players in the automotive, industrial, aerospace and defence, outer-space, nuclear, medical, railways, Internet of Things (IoT), Information Technology and other segments.

The Rustomjee Group company's IPO includes a fresh issue worth Rs 560 crore and an offer for sale (OFS) of up to Rs 75 crore by the promoters - Boman Rustom Irani, Percy Sorabji Chowdhry, and Chandresh Dinesh Mehta.

Consequently, the average oversubscription multiple for the quantum of stocks reserved for high net worth individuals (HNIs) and non-institutional investors was 13 times this fiscal year, compared with a mean of 150 times last year.

Winner or the Startup of the Year category at the ET Startup Awards 2022, Razorpay has already surpassed its annual gross transaction value (GTV) target of $90 billion for this year, hitting the $100 billion mark even as online businesses are starting to see a slowdown.

Usually, analysts value the real estate companies by discounting the future cash flows. However, due to lack of availability of data for that, the company can be valued on price-earnings (P/E) multiple. On FY22 earnings, the company demands a P/E of 45 times. Oberoi Realty, Macrotech and Godrej are at 31, 36 and 102 times.

As the primary market remains buoyant amid a bullish mood in the stock market, another IPO by a Rustomjee Group company is set to open on Monday. The Rs 635-issue comprises fresh issue of Rs 560 crore as well as offer for sale (OFS) of Rs 75 crore. The issue will open on November 13 and will conclude on November 16.Here are the key facts to note about the IPO before the issue opens to take an investment call

The company received bids for 2.12 crore shares against the offered 3.05 crore shares, according to the data available on the stock exchanges. Overall, the issue was subscribed 0.70 times.

The majority of the brokerage firms remain positive about the company citing its strong order book and growth prospects. However, a few remain concerned about the company citing high competition and high customer concentration.

The Dow Jones Industrial Average fell 71.1 points, or 0.21%, at the open to 34,275.91

The speciality chemicals sector has gained a lot of traction in recent years due to the strong demand environment.Companies across the board have reported high double-digit growth in the topline in the last two quarters, and most of them managed a double-digit growth even in the bottomline, despite the high cost environment

The prior approval granted by Sebi shall be valid for a period of six months from the date of such approval within which the applicant shall file application for fresh registration pursuant to change in control," it said.The application should be accompanied by information/declaration/undertaking about itself, the acquirer/person as well as the director/partner of the acquirer/person who will have the control.

The acquisition comes at a time when advertisers have downsized their budgets in response to macro-economic challenges, affecting businesses from media publishers to big tech platforms such as Alphabet Inc and Meta Platforms Inc.Taboola, whose shares surged 25% in pre-market trade on Monday, expects the deal to boost its revenue, EBITDA and free cash flow.

The category for Retail Individual Investors (RIIs) received 2.60 times subscription, non-institutional investors portion was subscribed 1.80 times and Qualified Institutional Buyers (QIBs) 35 per cent.The IPO has a fresh issue of up to Rs 216 crore and an offer for sale of 14,83,000 equity shares.Price range for the offer is at Rs 216-237 a share.

​The top position has been vacant since July when the then MD & CEO Ashishkumar Chauhan resigned from the post to join the National Stock Exchange (NSE). In late July, Chauhan was appointed as MD and CEO of NSE.

The category of corporate investors have tendered the most at 3.9 million shares while retail investors have offered to sell a little over 706,000 shares to the ports-to-power conglomerate with qualified Institutional buyers making up the rest

As per the DRHP, the IPO will comprise a fresh issue of equity shares worth up to Rs 750 crore and an Offer for Sale (OFS) of up to Rs 250 crore

SEBI has decided to introduce a Settlement Scheme for 150 stock brokers, 2022 (Scheme 2022) for Stock Brokers against whom enforcement proceedings have been approved/initiated and are pending for executing trades in illiquid stock options at BSE.

The Nifty Realty index closed 0.07 per cent up at 445.2.

Options data suggests a broader trading range between 18000 to 19000 zones, while an immediate trading range between 18300 to 18800 zones.The market breadth is skewed in favour of bulls. RSI is still holding the 70 levels, confirming the momentum. India VIX ended the session at 13.56 levels, suggesting that the market seems to be enjoying stability.

Mohini Health & Hygi, Rico Auto, SBC Exports, Ugar Sugar Work and Aarvi Encon, hit their fresh 52-week highs during the day.

The NSE Nifty index closed 50.0 points up at 18562.75

The Nifty Bank index closed 0.08 per cent up at 43020.45.

The Nifty Auto index closed 0.61 per cent up at 13036.4.

FanTiger empowers independent artists to build their fan community on the platform and the fans support the artists to launch new music by buying their music NFTs.The active participation of artists and fans across social platforms and communities is helping formulate interesting insights further enabling creation of music as desired by fans.

The Nifty IT index closed 0.08 per cent down at 30309.65.

The NSE Nifty index closed 50.0 points up at 18562.75

In the Nifty50 index, 29 stocks closed in the green, while 21 stocks ended in the red.

“Inflation risk is now behind us. I do not think we are going to get major shocks on the crude oil front. I just do not see any major huge derailment risk for our current bull market. There will be, of course, corrections here and there, but every single dip from here on in India is an absolute and total screaming buy.”

In its latest report, Morgan Stanley's India equity strategist Ridham Desai said the index would hit 68,500 by December 203 in the base case scenario.

The Nifty Pharma index closed 0.2 per cent up at 12993.95.

Oil prices fell over 3% on Monday as protests in China over strict COVID-19 curbs fuelled concerns over demand. Including this, crude prices have tumbled more than 8% in a four-session losing streak.India imports more than two-thirds of its oil requirements and a fall in global crude should help lower imported inflation and reduce the pressure on the Reserve Bank of India to raise rates.

The rupee closed at 81.6700 per U.S. dollar compared with 81.6850 in the previous session. The local unit had fallen to 81.8325 in opening trades, thanks largely to the Chinese yuan.The offshore yuan fell to a two-week low of 6.2571 to the dollar following protests in China against the government's COVID policies. Chinese equities slipped.

A weaker rupee and strong physical demand following the marriage season supported limiting the fall of domestic gold prices," said Dilip Parmar, Research Analyst at HDFC Securities.In the international market, gold was trading lower at USD 1,750.46 per ounce while silver was down at USD 21.25 per ounce.

In the Nifty 50 index, 29 stocks ended in the green, while 21 stocks closed in the red in today's trade.

In the Sensex pack, Reliance, Nestle, Asian Paints, Bajaj Finserv, ICICI Bank, Axis Bank, IndusInd Bank and UltraTech Cement were the top gainers in today’s session, rising about 0.5-3.5%

For enhanced GDP growth, the government needs to incentivise and encourage equity investment. In this regard, we have submitted our recommendations which covered challenges that should be addressed in the upcoming Union Budget

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Since the last peak of 18,604 touched on October 19 last year, Wipro has been the top drag on the index by losing over 43%. Divi's Laboratories, Tech Mahindra, BPCL, and Tata Steel have lost over 20% each during the period, shows data from ACE Equity.

Dogecoin has surged as much as 30% in the last one week, outperforming all other crypto assets – even litecoin which grew to become the 12th largest crypto asset, beating Solana, Shina Inu and Tron.Market experts hold Elon Musk, the richest man on the planet who recently acquired micro-blogging and social media platform Twitter in a whopping $44-billion deal, as the key reason for the spike in Dogecoin.

“There are miles to go, there are no signs of topping out and the market is not overbought. There is no real froth or frenzy in the system and this is a win by the Indian investor. It is the Indian investor that should be complemented for bringing the Nifty back to 18,600, something that we have not seen in the last two decades.”

The co-founder of Mobius Capital Partners LLP said in an interview Monday in Singapore that his next target for Bitcoin is $10,000. He added he wouldn’t invest his own cash or client money in digital assets as “it’s too dangerous.”

“My relative return is marginally overweight China and India. But in my long term absolute return portfolio, I have about 20 stocks which are still dominantly India because that is long term. The more short-term you are, the more you should want to be underweight in India. The more long term you are, stay structurally overweight. It all depends on your time horizon.”

China posted another record high COVID-19 infections on Monday, after an extraordinary weekend of protests, raising worries about the management of China's zero-COVID policy and its impact on the world's second-largest economy.European oil stocks tumbled 2.0% as crude prices shed almost 3%, while sliding metal prices weighed on miners, which fell 1.1%.

The IPO of Uniparts India will close for subscription on Friday, December 2.

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"Investors are now beginning to realise the implications of the government's massive capex spending of which the railways is the biggest beneficiary. The government is increasing its capex and at 19%, the railways have the highest share of spending," points out smallcase manager Abhishek Basumallick of Intelsense Capital.

A total of 9,320 shares changed hands on the counter till 02:10PM (IST).

A total of 463,589 shares changed hands on the counter till 02:05PM (IST).

The stock traded at a P/E multiple of 51.07, while the price-to-book value ratio stood at 19.41.

After hitting a 52-week low of 15,183.40 on June 17, Nifty has rallied over 22% in a few months. Excluding Adani Enterprises, which became part of the headline index on September 30 this year, ITC has been the top gainer in the pack of 50 stocks since the last record high.

A total of 18,206 shares changed hands on the counter till 01:50PM (IST)

The company is selling its shares in the range of Rs 216-237 apiece between November 28-30, with a lot size of 60 equity shares. The issue comprises fresh equity shares worth Rs 216 and an offer-for-sale (OFS) of Rs 35.15 crore.

A total of 6,868 shares changed hands on the counter till 01:45PM (IST).

As of 30-Sep-2022, promoters held 63.22 per cent stake in the company, while FIIs held 24.03 per cent and domestic institutional investors had 3.78 per cent.

The new EoM rules, and the bunch of relaxations on capital and distribution tie-ups that IRDA has announced, should explain the surge in the shares of listed life insurers.

If implemented, it will ensure PMJAY coverage for an additional 7.5 crore population in India.

If implemented, it will ensure PMJAY coverage for an additional 7.5 crore population in India.

Experts believe that all insurance products covering mental health will help remove the stigma around it and positively influence the health-seeking behaviour of patients

The insurer’s premium valuation will sustain on the back of its market leading share, fairly diversified product mix, strong multi-channel distribution network, solid technological prowess, strong solvency profile, and healthy profitability

The builder is said to have revised the project plan in 2019 without seeking mandatory consent from flat owners.

Lupin Limited announced that its wholly owned subsidiary in Brazil, MedQuímica Indústria Farmacêutica, signed a definitive agreement to acquire all rights to the nine medicines from Bausch subsidiary BL Indústria Ótica

Former track and field star PT Usha will take over as the first woman president of the Indian Olympic Association, becoming the first former international athlete to head the organisation in more than 60 years.

The Telecom Regulatory Authority of India (Trai) said that Unsolicited Commercial Communication (UCC) or pesky communication is a major source of inconvenience to the public and impinges on the privacy of individuals.

Sharekhan is bullish on Grasim Industries has recommended buy rating on the stock with a target price of Rs 2005 in its research report dated November 14, 2022.

Sharekhan is bullish on Lupin has recommended buy rating on the stock with a target price of Rs 855 in its research report dated November 14, 2022.

Sharekhan is bullish on Thermax has recommended buy rating on the stock with a target price of Rs 2790 in its research report dated November 14, 2022.

Sharekhan is bullish on Thermax has recommended buy rating on the stock with a target price of Rs 2790 in its research report dated November 14, 2022.

Sharekhan is bullish on Bata India has recommended buy rating on the stock with a target price of Rs 2055 in its research report dated November 14, 2022.

Sharekhan is bullish on Mahanagar Gas has recommended buy rating on the stock with a target price of Rs 1010 in its research report dated November 14, 2022.

Sharekhan is bullish on Mahanagar Gas has recommended buy rating on the stock with a target price of Rs 1010 in its research report dated November 14, 2022.

Sharekhan is bullish on Jyothy Labs has recommended buy rating on the stock with a target price of Rs 225 in its research report dated November 14, 2022.

Sharekhan is bullish on Greenlam Industries has recommended buy rating on the stock with a target price of Rs 420 in its research report dated November 14, 2022.

Sharekhan is bullish on MOIL has recommended buy rating on the stock with a target price of Rs 185 in its research report dated November 14, 2022.

Biggest World Cup crowd of 88,966 in 28 years sees Messi play in Lusail Stadium, while Qatari fans hit back at Germany holding pictures of Mesut Özil while covering their mouths. Japanese fans continue to win hearts with their clean-up act