Hero MotoCorp’s financial arm, Hero FinCorp, is set to launch an initial public offering (IPO) to raise Rs 4,000 crore ($482 million). This move comes after the company received board approval on May 29, 2024. The IPO will be a combination of fresh issuance of shares and an offer for sale (OFS) by existing shareholders. … Read more
In the existing financial scenario, a steady return on savings remains the prime concern for prospective investors. The FDs are said to be safe and steady, especially in the hands of a bonafide institution like the State Bank of India. SBI has approached the citizenry with a limited-time lucrative interest rate FD scheme aiding its … Read more
Best FD Rates for Senior Citizens: Are you a senior citizen in search of an investment that is safe and stable, offering you high interest and tax benefits? Fixed Deposits (FDs) are still one of the most trustworthy retirement investments for guaranteed returns and financial security. In this guide, we explore the banks that are … Read more
A secure financial future is a dream. The Post Office Recurring Deposit (RD) Scheme is a savings plan based on government sponsorship that makes it possible for you to accumulate a decent amount of money through disciplined monthly investments. It is one of the safest and rewarding schemes thanks to the new digital-friendly features that … Read more
With effect from 1st April 2025, the RBI intends to update extensively its Priority Sector Lending (PSL) guidelines to benefit millions of borrowers, such as small businesses; farmers; home buyers; and women entrepreneurs, so that credit becomes accessible and affordable. What is meant by Priority Sector Lending (PSL)? According to a guideline issued by the … Read more
Indo Farm Equipment IPO GMP Today: In this article, we discuss Indo Farm Equipment IPO GMP Today. Indo Farm Equipment is launching its Initial Public Offering (IPO) with a total issue size of 1,21,00,000 shares, which amounts to a value of up to ₹260.15 Cr. The lot size for the IPO is 69 shares, with a price … Read more
Vishal Mega Mart (VMM), a prominent player in India’s retail sector, is set to launch its Initial Public Offering (IPO) with a book-built issue size of ₹8,000 crore. The IPO opens for subscription on December 11, 2024, and closes on December 13, 2024. The allotment date for the IPO is Monday, December 16, 2024. VMM … Read more
VMM IPO subscribed 0.54 times. The public issue subscribed 0.56 times in the retail category, 0.03 times in QIB, and 1.17 times in the NII category. Check Here for Vishal Mega Mart IPO Details Date QIB NII Retail Total Total Application Dec 11, 2024 0.03 1.17 0.56 0.54 966,502 Dec 12, 2024 0.03 2.28 0.83 … Read more
VMM IPO GMP Today: In this article, we discuss VMM IPO GMP Today(Vishal Mega Mart IPO GMP). Vishal Mega Mart is launching its Initial Public Offering (IPO) with a total issue size of 1,025,641,025 shares, which amounts to a value of up to ₹8,000 crore. The lot size for the IPO is 190 shares, with a price band … Read more
The Mobikwik IPO is a book-built issue totaling Rs 572.00 crore, comprising a fresh issue of 2.05 crore shares. The IPO opened for subscription on December 11, 2024, and closed on December 13, 2024. The allotment of shares is expected to be finalized on Monday, December 16, 2024. Mobikwik shares are scheduled to be listed … Read more