Vidya Wires is set to launch its IPO, aiming to raise ₹274 crore. This article breaks down 10 crucial aspects from the Red Herring Prospectus, covering financials, market position, and potential risks for investors. Get ready to dive into what makes this IPO noteworthy.
Here are the December 1 gold prices for key cities, including Ahmedabad, Delhi, Kolkata, Mumbai, Hyderabad, Bengaluru, and Chennai. It must be noted that if you are buying gold jewellery, the prices may increase depending on making charges, GST and other factors.
KK Silk Mills’ IPO experienced strong demand, closing its subscription on November 28. The allotment date is expected today, December 1, with shares listing on the BSE SME platform on December 3. Investors can check their allotment status online.
With three IPOs — namely Meesho, Aequs and Vidya Wire — set to open this week, the total funds raised from the primary market will swell to the highest ever, easily surpassing the ₹1,59,783.76 crore fundraise seen in 2024.
One 97 Communications shares rose 3.4% to ₹1,365, the highest since December 2021. Easing regulatory issues and positive earnings have driven an 18% rally over two months, with Goldman Sachs upgrading its target price sharply, forecasting 20-25% annual revenue growth over the next few years.
As the first anniversary of UnitedHealthcare CEO Brian Thompson’s killing looms this week, the man charged in his death will be in court fighting to bar evidence that prosecutors say links him to the crime
Dhanush’s latest, ‘Tere Ishk Mein’, has shattered box office records, becoming his biggest opener ever with ₹51.75 crore in its first weekend. The romantic drama, co-starring Kriti Sanon, saw a phenomenal start, especially in the Hindi belt, and maintained strong momentum throughout the weekend. Positive word-of-mouth and A.R. Rahman’s music are credited for its success.
Vin Diesel honored his late ‘Fast and Furious’ co-star Paul Walker on the 12th anniversary of his passing with an emotional Instagram tribute. Walker’s daughter, Meadow, also shared a heartfelt message. The franchise is reportedly planning a return for Walker’s character, Brian O’Conner, in the upcoming final installment, ‘Fast X Part 2’.
Meesho IPO will commence on December 3, targeting ₹5,421 crore with a share price of ₹105-111. The offering will consist of new shares and an Offer For Sale. Proceeds will fund infrastructure, marketing, and acquisitions, while aiming for significant growth in India’s e-commerce market.
IEX share price has gained 5% in one month and has declined 27% in the past six months. The stock has fallen 17% in one year, but has jumped 102% in the past five years.