Nashik-based data center and cloud computing company ESDS Software is poised to witness the next phase in its growth saga. The company will file its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) this week that will allow it to issue an initial public offering (IPO) of up to […]
Tag: Unlisted Shares
NSE Simplifies Unlisted Share Transfer Process, Cutting Timeline to 3-5 Days
From March 24, the National Stock Exchange (NSE) will ease the transfer of its unlisted shares, allowing them to be freely transferable through the Delivery Instruction Slip (DIS) mechanism. This change will drastically reduce transfer times from the earlier six-month process to only 3-5 days. Earlier, the transfer of NSE shares involved a two-stage verification […]
SEBI Postpones IPOs of Hero FinCorp, HDB Financial Over Compliance Issues
Hero FinCorp and HDB Financial Services’ IPOs have been suspended by the Securities and Exchange Board of India (SEBI) on the grounds of potential regulatory complications. As Hero FinCorp has remained pending for nearly eight months, HDFC Bank’s subsidiary HDB Financial Services has also been pending for four months. The deferment is due to fears […]
Gynofem Healthcare: The Future of Women’s Care is Now – Don’t Get Left Behind
In the high-paced evolving world of healthcare, one sector is standing high and above all others — gynecology. While women are taking control of their reproductive care like never before and technology is revolutionizing the industry, names like Gynofem Healthcare and Pharmaceuticals Limited are perfectly poised to lead this revolution. And to top it all? […]
HDFC Securities Settles IT And Cyber Security Lapses Case With Rs 65 lakhs Paid To SEBI
Recently, HDFC Securities, one of the leading finance brokers in India, has paid ₹65 lakh to the Securities and Exchange Board of India (SEBI) due to the settlement of the case involving serious IT system breakdowns, DR shortcomings, and poor cybersecurity measures on the part of the firm. This payment was made following SEBI’s notice […]
Polymatech Reveals Innovative Semiconductor Breakthroughs at ISPEC 2025
Gujarat has only witnessed India’s semiconductor wave take a giant leap forward, and Polymatech Electronics is right at the very forefront of it. The firm unveiled pathbreaking innovations that would revolutionize the face of the industry at ISPEC 2025, as Gujarat Chief Minister Bhupendra Rajnikant Patel inaugurated the conference. This is a giant leap towards […]
NSE claims Second place Globally in Equity trades with 86.1 crore trades during January 2025
NSE’s 86.1 crore transactions in January 2025 positioned the exchange second for the most equity trades completed globally. Although NSE lost some market capitalization, they still remained the leader in trading volume and global derivatives trading. The New York Stock Exchange retained its title as the largest stock exchange in the world with an impressive […]
Veira Electronics Raises ₹130 Crore in Pre-IPO Funding from Bharat Value Fund to Drive Growth
Noida, India – March 4, 2025: Consumer electronics company Veira Electronics has raised ₹130 crore from Bharat Value Fund (BVF) in its pre-IPO round, preparing itself for its upcoming stock market listing. The strategic round will help Veira consolidate its position in India’s rapidly growing smart TV segment, which is projected to reach USD 32.57 […]
Tata Capital’s Bonus Share Step: A Silver Bullet for Investors!
Mumbai, March 2025 – TCL is creating a buzz with its recent rights issue, a step that will enhance investor confidence and strengthen its financial base. The firm has proposed a Rs. 1504 crore equity issue, offering current shareholders an opportunity to pick up extra shares at a premium price. With more than 5.35 crore […]
Sterlite Power Introduces Two New Corporate Brands: Resonia and Sterlite
New Delhi: Sterlite Power, a leading provider of power transmission solutions, has announced the launch of two distinct corporate brand identities—Resonia and Sterlite—following a recent demerger. Under the new structure, Resonia Ltd will focus on transmission infrastructure, while Sterlite Power Transmission Ltd will oversee the manufacturing of cables, conductors, and services. The strategic move aims […]