An IPO, or initial public offering, is the term for the first time that a private company sells shares of its stock to the public on a stock exchange. The event means that the company has transitioned from private to public ownership, which is why an IPO is often referred to as “going public.” It’s an opportunity for a company to raise significant capital—to help it fund new growth, for example, or pay off debt. And it allows private investors, like founders, angel investors, and family members, to cash out, often realizing gains on their investment.
Read More IPO GMPIPO | Price | GMP | Esti Price | Open | Close |
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Sat Kartar Shopping NSE SME Open | 81.00 | 25.00 | 106 (30.86%) | 10- Jan | 14- Jan |
Barflex Polyfilms NSE SME Open | 60.00 | 0.00 | 60 (0.00%) | 10- Jan | 15- Jan |
Finance Minister Nirmala Sitharaman faces significant challenges as she prepares to present the Union Budget in just over three weeks. India Inc has submitted a set of recommendations, emphasising the need for simplified taxation, increased capital
IREDA Q3 Results: Indian Renewable Energy Development Agency (IREDA) on Thursday reported a 27% jump in its December quarter net profit at Rs 425.38 crore versus Rs 335.53 reported in the the year ago
Get latest articles and stories on Latest News at LatestLY. State-run Indian Overseas Bank on Thursday said it is selling non-performing assets of Rs 11,500 crore to asset reconstruction
Indian Overseas Bank Unveils Mega NPA Sale Indian Overseas Bank (IOB), a state-run lender, announced on Thursday its decision to sell a substantial amount of non-performing assets totaling Rs 11,500 crore. The move invites asset reconstruction
Lending in the last fortnight of 2024 outpaced deposit growth, with credit growing 11.16% year-on-year compared to deposits rising by 9.8%. Banks are facing challenges in raising deposits despite increased rates, due to competition from
A cryptocurrency, crypto-currency, or crypto is a digital currency designed to work through a computer network that is not reliant on any central authority, such as a government or bank, to uphold or maintain it.
Just like paper money or a check, cryptocurrencies allow consumers to buy services and goods, or trade them for profit. Cryptocurrencies have been called everything from the money of the future to an extremely risky asset. Thoughts and strategies about cryptocurrencies spread fast, primarily because cryptocurrencies are a complicated and unique technology that is also accessible. This may leave people wondering if they should be investing in cryptocurrencies, if they are safe, or how they even work.Read more
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