Author: Legal Parivar

Vruddhi Engineering Works witnessed a subdued start on the BSE SME platform today, with its share price opening at ₹71, marking a marginal increase of 1.4% over the issue price of ₹70. The IPO subscription for Vruddhi Engineering Works commenced on Tuesday, March 26, and concluded on Thursday, March 28. The price band for the issue was set between ₹66 to ₹70 per share, with each share having a face value of ₹10. The lot size for the IPO comprised 2,000 shares, and bids could be placed in multiples of 2,000 shares, with a minimum bid of 2,000 shares. According…

GConnect Logitech and Supply Chain had a solid debut on the stock exchanges on April 3, 2024. The share price of GConnect Logitech and Supply Chain on the BSE SME platform opened at ₹42 per share, marking a 5 percent increase over the issue price of ₹40. The initial public offering (IPO) of GConnect Logitech was open for subscription from March 26 to March 28 at a price of ₹40 per share. The IPO of GConnect Logitech witnessed strong investor interest, with a subscription rate of 57.38 times over the three-day issue period. The public issue received bids for 7.6…

Blue Pebble share price witnessed a robust start, debuting at ₹199 on the NSE SME platform on Wednesday, marking an 18.5% premium over the issue price. Market sentiments had indicated expectations of decent listing gains, as suggested by the grey market premium data. The grey market premium (GMP) for Blue Pebble’s IPO was at +15, signifying that shares of Blue Pebble were trading at a premium of ₹15 in the grey market, as per data from www.investorgain.com. Considering the upper end of the IPO price range along with the existing grey market premium, the anticipated listing price for Blue Pebble…

SRM Contractors saw a tepid debut on the stock exchanges today. On the National Stock Exchange (NSE), SRM Contractors opened at ₹215.25 per share, marking a modest 2.5% increase from the issue price of ₹210. Meanwhile, on the Bombay Stock Exchange (BSE), the share price opened at ₹225 apiece, reflecting a more notable 7.14% uptick compared to the issue price. Market experts had predicted SRM Contractors’ share price to debut in the range of ₹270–₹290 per share. The IPO subscription status of SRM Contractors stood at an impressive 86.57 times on the third day of bidding, according to BSE data.…

Chhatrapati Shivaji Maharaj, the revered Maratha warrior king, passed away on April 3, 1680, due to health issues. Since then, this date has been commemorated every year as the death anniversary of the valiant Maratha leader. Shivaji Maharaj is celebrated for his strategic brilliance, unwavering courage, heroism, and administrative acumen. Here’s a glimpse into the life of the illustrious Maratha warrior on his death anniversary: As we honor the memory of Chhatrapati Shivaji Maharaj on his death anniversary, his legacy of valor, leadership, and commitment to the welfare of his people continues to inspire generations.

Taiwan reported a significant increase in Chinese military aircraft activity around the island, with 30 such aircraft detected within a 24-hour period on Wednesday, marking one of the highest daily counts this year, according to a report by AFP. China regards self-ruling Taiwan as part of its territory and has consistently refused to rule out the use of force to assert control over the island, the report noted. Taiwan’s defense ministry revealed that 20 of the detected aircraft crossed into the island’s Air Defense Identification Zone (ADIZ). The ministry stated that Taiwan’s armed forces closely monitored the situation and responded…

The ongoing Indian Premier League (IPL) 2024 has kept fans on the edge of their seats with exhilarating matches unfolding every day. As teams battle it out on the field, the IPL 2024 points table sees constant fluctuations with each match adding new twists and turns. Let’s take a closer look at the latest standings:

Ramco Cement saw a marginal decline in its share price early on April 3, despite the commissioning of Line II and the initiation of commercial production at its grinding unit in Haridaspur, Odisha’s Jajpur district. As of 9:22 am, Ramco Cements was trading at Rs 853.50, down by Rs 7.60 or 0.88 percent on the BSE. The newly commissioned Line II has a cement manufacturing capacity of 0.90 million tonnes per annum (MTPA), contributing to the expansion of the aggregate capacity of the Odisha Grinding Unit to 1.8 MTPA. Although the stock previously reached a 52-week high of Rs 1,057.85…

Domestic benchmark indices, the Sensex and the Nifty, experienced a second consecutive day of decline on April 3 morning, following subdued global cues. Market analysts, however, maintain a bullish outlook and anticipate upward movement in the coming days. The Sensex opened down by 271.96 points, or 0.37 percent, at 73,631.95, while the Nifty was down by 83.60 points, or 0.37 percent, at 22,369.70. Despite this, the market breadth favored gainers, with approximately 1,497 shares advancing, 987 declining, and 121 remaining unchanged. According to experts, the Nifty is poised to reach levels between 22,800 and 23,400 in the near term, with…

In today’s fast-paced world, managing finances has become increasingly complex. With numerous expenses to track, bills to pay, and financial goals to achieve, it’s essential to have effective strategies in place to stay on top of your money. One valuable tool for financial management is the credit card, but it requires careful planning and responsible use to harness its benefits fully. Budgeting: The Foundation of Financial Success Before diving into credit card usage, it’s crucial to establish a solid budget. Start by listing all your monthly expenses, including necessities like rent or mortgage payments, utilities, groceries, transportation, and discretionary spending.…