Investors in mad rush commit Rs 1.2 lakh crore for 3 IPOs seeking just Rs 2,400 crore
Urban Company, Shringar House, and Dev Accelerator IPOs drew record bids worth ₹1.22 lakh crore. Urban Company led with subscriptions nearly 100 times the offer, highlighting robust investor demand despite stretched valuations and high-risk considerations.
Sebi widens IPO anchor book to include insurers and pension funds, raises reservation to 40%
Sebi has expanded IPO anchor investor participation to include insurance and pension funds alongside mutual funds, raising anchor quota to 40% and merging allotment categories, aimed at diversifying the investor base and ensuring greater stability.
Markets likely to stay range-bound in near term, gain momentum in H2: Mahesh Patil
Indian equities may remain range-bound in the near term but are set to pick up momentum in the second half of the fiscal, driven by earnings recovery and GST-led consumption boost, said Mahesh Patil, Chief Investment Officer at Aditya Birla Sun Life AMC.
These 9 stocks rallied over 50% in CY25, one nearly a multibagger
In CY25, select BSE500 stocks have significantly outperformed the broader market. Nine top performers, led by Godfrey Phillips India, have surged between 50% and 99%, rewarding investors. With bullish momentum continuing into the final quarter, market watchers are closely tracking these equity winners.
Indian REIT market poised for $25 billion milestone by 2030, says ANAROCK-CREDAI report
India’s REIT market has grown to USD 18 billion since 2019 and could surpass USD 25 billion by 2029. Backed by reforms and expansion into retail, logistics, and data centres, it is emerging among the world’s fastest-growing REIT markets.
SME IPO Boom: Rs 6,800 crore raised in 2025, 14 stocks turn multibaggers
SME IPOs in 2025 have raised Rs 6,819 crore by August, marking the second-highest annual fundraising. With 154 issues, the segment shows strong investor interest. Fourteen IPOs turned multibaggers, supported by solid fundamentals and growth narratives. The market is poised to challenge 2024’s record, highlighting SMEs’ role in India’s equity growth.
Microsoft CEO Satya Nadella-backed Groww to file for $800 million IPO
Groww’s parent, Billionbrains Garage Ventures, plans to file for a $650–800 million IPO in Mumbai, aiming at an $8 billion valuation, backed by Satya Nadella. If successful, Groww will surpass Angel One as India’s most valuable brokerage.
Inflows in Gold ETFs surge by 74% to Rs 2,189 crore in August. Here is why
Gold ETFs witnessed a surge in August, with inflows jumping 74% to ₹2,189 crore, driven by its appeal as a portfolio diversifier amid global uncertainties. Experts highlight gold’s role as a hedge against volatile equity markets and geopolitical tensions.
Waaree Energies shares snap 3-day rally, retreat 2% as investors lock in gains
Waaree Energies’ shares experienced a slight dip on Friday after a significant three-day rally, yet remain up nearly 30% over the last three months. The renewable energy firm’s market capitalization briefly exceeded ₹1 lakh crore, prompting profit-booking. This pullback follows strong Q1 FY26 results, with net profit jumping 89.1% to ₹745.20 crore, driven by growth […]
TCS, Infosys, Wipro see price targets slashed by Jefferies as AI shift clouds outlook
Jefferies has cut price targets for TCS, Infosys, Wipro, HCLTech, and Tech Mahindra amid AI-driven disruption and slow global tech spending. While preferring Coforge and HCLTech, the brokerage warns that large-cap IT valuations already reflect optimism, advising selective exposure amid near-term demand softness.