Page 3 - Investors

Pine Labs raises $50 mn from Vitruvian, taking total to $920 mn in 8 months

Merchant commerce platform got $150 million from Alpha Wave Global in February and $20 million from SBI in January.

Veranda Learning IPO subscribed 1.31 times on second day of offer

The initial public offering of Veranda Learning Solutions Limited was subscribed 1.31 times on the second day of the offer on Wednesday. The Rs 200-crore IPO received bids for 1,54,39,800 shares against 1,17,88,365 shares on offer, according to an update on the NSE. Retail Individual Investors (RIIs) category received 7 times subscription, while non institutional investors portion was subscribed 1.06 times and Qualified Institutional Buyers (QIBs) 28 per cent. The price range for the offer is Rs 130-137 per share. Systematix Corporate Services Limited is the book running lead manager to the offer. The company is into offering diversified and integrated learning solutions in online, offline hybrid and offline blended formats to students, aspirants and graduates, professionals and corporate employees. The equity shares are proposed to be listed on both BSE and NSE.

Sebi brings out stricter regulatory norms for collective investment schemes

The board of Sebi also approved the budget for the regulator for the financial year 2022-23.

CM Bommai announces launch of 'Invest Karnataka 2022' Meet in B'luru

The event will be held in Bengaluru from November 2 to November 4.

Fed hiking cycle: What next?

We may need to be prepared for greater volatility in asset markets and no Fed riding to the rescue to save markets

Ruchi Soya FPO: Sebi orders retail investors be allowed to withdraw bids

Sebi's directive comes amid 'circulation of unsolicited SMSs advertising the issue'; the window for withdrawal shall be available on March 28, March 29 and March 30, 2022

Social e-com firm Meesho eyes $500-mn war chest; funds to be used for M&As

Mandates Morgan Stanley to find lead investor; funds to be used for M&As

Ruchi Soya FPO subscribed 12% on Day 1

On Wednesday, Ruchi Soya allotted shares worth Rs 1,290 crore to anchor investors at Rs 650 apiece

Two years after nationwide lockdown, markets sit pretty with big gains

The market is still pretty with two-year returns for Nifty at 2.3 times, while the Nifty Midcap 100 and Smallcap 100 were up a sharper 2.7 times and 3.1 times, respectively.

Anaplan to go private in $9.65 bn deal with Thoma Bravo, shares jump

With pandemic-led lockdowns accelerating digital transformations across enterprises, demand for cloud has jumped

Street signs: FPI buying lifts sentiment, HNI shift focus, and more

With IPO deals drying on the mainboard, high net-worth individuals (HNIs) and savvy investors have shifted their focus on small and medium enterprises (SME) at bourses.

BSE investor count touches 100 mn milestone, up 58% in past one year

Bourse had hit 10 million mark in February 2008 and 50 million in May 2020

Office property market: REITs in play as leasing trends to gain traction

Distribution yields could go up but risk of covid infection, interest rates remain

Investors in life insurance stocks will need to be patient, say brokerages

Long-term story remains good and valuations attractive, but near-term overhangs may keep stock prices subdued

Women investors have Rs 4.5 trillion of mutual fund AUM, says CAMS

Report sats 5.9 million women investors hold 14 million folios and assets under management of Rs 4.5 trillion

Market mayhem: Investors lose Rs 11.28 trn in four days

Investors' wealth has tumbled by over Rs 11.28 lakh crore in four days, tracking a heavy decline in equities amid intensifying conflict between Russia and Ukraine

Now, invest in 30,000 stocks and 80 global portfolios via India INX

Since it was thrown open to investors in last November, the platform has logged 148 trades and registered 180 users, including NRIs and resident Indians

Investors' wealth sinks over Rs 4 tn in morning trade as markets decline

Investors' wealth tumbled by more than Rs 4 lakh crore in morning trade on Friday as markets suffered a steep decline. Continuing its decline for the second day, the BSE gauge plummeted 1,148.05 points or 2 per cent to 53,954.63. Tracking decline in equities, the market capitalisation of BSE-listed companies plunged Rs 4,09,554.44 crore to Rs 2,46,96,434.57 crore in morning deals. Asian Paints, Maruti Suzuki India, Hindustan Unilever, Titan and M&M were the biggest drag in morning trade, tumbling up to 6.8 per cent. In the previous session, the 30-share BSE index finished 366.22 points or 0.66 per cent lower at 55,102.68. "The war and surge in crude have completely transformed the economic scenario and market expectations. If the war prolongs, global economic growth may be impacted," said V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.

Investors' wealth climb Rs 1.99 trillion as stocks bounce back

As the equity markets bounced back on Thursday after a steep decline in the previous session, investors' wealth grew by Rs 1.99 trillion in early trade.

BharatPe accuses Ashneer Grover family of siphoning off company funds

Ashneer Grover's family and their relatives engaged in extensive misappropriation of company funds, including creating fake vendors through which they siphoned money, says company in statement