Adani Enterprises likely to launch Rs 800-crore public bond issue on Sept 4
Adani Enterprises plans to launch a public bond issue worth ₹800 crore on September 4. The issue, managed by the Trust Group, AK Capital, and Nuvama Wealth Management, has a base size of ₹400 crore and an option to keep another ₹400 crore under the green shoe option. The bonds are expected to be rated […]
NSE plans to refile for NOC to proceed with Rs 30,000-cr IPO
The National Stock Exchange is set to refile for an initial public offering with the Securities and Exchange Board of India after addressing regulatory issues. The IPO, expected to be India’s largest, is anticipated to raise ₹30,000 crore. NSE aims to secure the no-objection certificate needed to proceed with its plans.
SME IPOs spark a gold rush as investors eye big bounties
The Indian primary market has seen a surge in interest for SME IPOs, with massive oversubscriptions. Data from Prime Database reveals that 152 SME IPOs this year averaged 200 times oversubscribed. While SEBI urges caution, the lure of robust listing gains and stock performance continues to draw investors.
Asian stocks cautious as markets await Nvidia: Markets wrap
Asian stocks dipped as traders await Nvidia’s earnings to gauge the AI market’s strength. With Japan and Australia’s markets seeing declines and Nvidia accounting for over 6% of S&P 500’s market cap, all eyes are on the giant chipmaker. Recent US consumer confidence data highlighted mixed economic sentiment.