Prostarm Info Systems IPO Day-2 Update: The ₹168-crore Prostarm Info Systems IPO is making waves across Dalal Street with its impressive 12.65x subscription on Day 2 of bidding. With a strong footing in defence power solutions and critical backup infrastructure, the company is riding a bullish wave fueled by India’s industrial and security expansion. Here’s...
Apollo Micro Systems share price skyrocketed nearly 18% intraday on Wednesday after the company secured a massive Rs 113.81 crore export order for an advanced avionics system. The Hyderabad-based smallcap defence stock has seen a sharp 57% surge in the past month alone, catching the attention of both retail investors and institutional buyers. Backed by...
Hero FinCorp IPO news is finally out – and it’s big. The financial arm of two-wheeler major Hero MotoCorp has received the green light from SEBI to launch its much-awaited ₹3,668 crore Initial Public Offering (IPO). The issue will include a fresh issue of ₹2,100 crore and an Offer for Sale (OFS) worth ₹1,568 crore...
This article provides complete Scoda Tubes IPO details, including GMP trends, lot size, dates and financials Scoda Tubes IPO Overview Scoda Tubes IPO opens for subscription on May 28, 2025, and closes on May 30, 2025, aiming to raise around ₹220 crores. This Book Build Issue has caught investor attention with its impressive growth in...
Jio BlackRock Mutual Fund: SEBI Nod Sparks Market Rally Jio BlackRock Mutual Fund- Mukesh Ambani-backed Jio Financial Services (JFSL) just scored a major regulatory win — and the markets took notice. After dipping to ₹279.15 on Tuesday morning, JFSL shares jumped 4.69% to hit ₹292.25 by afternoon. The rally came hot on the heels of...
BAT-ITC Stake Sale: British American Tobacco (BAT), the largest shareholder in FMCG giant ITC Ltd, is offloading a 2.3% stake via a ₹11,300 crore block trade. This BAT ITC stake sale comes just months after BAT’s previous 3.5% dilution in March 2024. While BAT still sees ITC as a strategic partner, this move is meant...
LIC Q4 Results: India’s largest life insurer, LIC, has announced its Q4 results, and the results are turning heads. With a 38% jump in net profit to ₹19,013 crore, despite a dip in premium income, the Life Insurance Corporation of India is showing strong financial resilience. The icing on the cake? A solid ₹12 per...
Prostarm Info Systems IPO opened with a bang on May 27, 2025, attracting massive interest from retail and non-institutional investors within hours. With a price band of ₹95–105 per share and a lot size of 142 shares, the ₹168 crore issue was fully subscribed by 12:40 PM on Day 1. Grey market buzz is also...
Govt’s ₹3,000 Cr Invar Missile Push Set to Boost Bharat Dynamics and Defence Sector Growth Govt’s Big Bang Missile Deal: ₹3,000 Cr Boost for Bharat Dynamics & T-90 TanksI India’s defence sector is poised for another major push as the Ministry of Defence readies a procurement order worth ₹2,000–₹3,000 crore for Invar anti-tank guided missiles...
Borana Weaves: The much-anticipated listing of Borana Weaves shares at a 12.5% premium has caught investor attention, while Belrise Industries is gearing up for a powerful debut with a grey market premium (GMP) indicating up to 30% gains. In this article, we decode the IPO listings, market sentiment, GMP expectations, and investor strategies. If you’ve...
