What explains buoyant MF inflows amid negative news flow?

Thanks to popularity of SIPs, individual investors now hold a higher share of MF assets at around 53 percent of total AUM as of December-end

Tue, 11 Feb 2020 18:32:22 +0530

Ideas for Profit | HDFC AMC posts strong performance in Q3, should investors buy?

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Wed, 22 Jan 2020 09:31:05 +0530

Mutual funds add 68 lakh folios in 2019

However, the pace of growth in folio numbers dropped in 2019 as compared to preceding three years. Industry experts attributed the trend to decline in investors account in debt oriented schemes as they were spooked by credit events in fixed income market.

Tue, 21 Jan 2020 15:14:07 +0530

SBI#39;s credit card business IPO to open on March 2

The company plans to issue new shares worth Rs 5 billion and will offer up to 130.5 million shares for sale, the prospectus, dated February 18, showed.

Thu, 20 Feb 2020 11:45:03 +0530

SBI Cards IPO might be launched on March 2, offer price may be Rs 745-775 per share: Report

A report noted that SBI is likely to raise Rs 2,780-2,880 crore with this IPO.

Tue, 18 Feb 2020 17:57:19 +0530

SBI Cards IPO gets SEBI nod; launch by February end

The offer for sale includes up to 3,72,93,371 equity shares by SBI and up to 9,32,33,427 equity shares by CA Rover Holdings.

Tue, 11 Feb 2020 16:26:03 +0530

ITI withdraws Rs 1,400-cr FPO due to prevailing market condition

The Rs 1,400-crore public issue was subscribed 62 percent despite extending the subscription period twice since its opening, and reducing the price band to Rs 71-77, down from Rs 72-77 earlier.

Wed, 05 Feb 2020 18:12:49 +0530

ITI FPO subscribed 57% on 8th day, retail portion fully booked

After the issue, government shareholding in the company will reduce to 74.96 percent from 90 percent.

Mon, 03 Feb 2020 19:46:22 +0530

ITI extends FPO closing date to Feb 5, keeps price band at Rs 71-77/sh

The issue has received bids for 9.8 crore equity shares against offer size of 18.18 crore shares, the exchange data showed.

Fri, 31 Jan 2020 15:23:56 +0530

ITI FPO subscription remains unchanged at 49% on 4th day

The Rs 1,400-crore further public offer (FPO) has received bids for 8.86 crore equity shares against offer size of 18.18 crore shares, as per data available on the NSE.

Wed, 29 Jan 2020 21:21:51 +0530

ITI follow-on public offer subscribed 49% on third day

The reserved category for retail investors has seen subscription of 92 percent and that of qualified institutional buyers 49 percent and non-institutional investors 16 percent.

Tue, 28 Jan 2020 18:49:34 +0530

ITI FPO#39;s closing date extended to Jan 31; price band revised to Rs 71-77/sh

The company, in consultation with merchant bankers, extended the closing date for FPO by three more days.

Tue, 28 Jan 2020 16:36:44 +0530

ITI FPO subscribed 9%, retail category subscription at 50% on Day 2

The government#39;s shareholding will be reduced to 74.96 percent, from 90 percent currently after the issue.

Tue, 28 Jan 2020 08:52:01 +0530

ITI sets price band at Rs 72-77 per share for Rs 1,400cr FPO

The funds raised through FPO would be utilised for funding its working capital requirements as well as repayment of existing debt.

Wed, 22 Jan 2020 19:43:40 +0530

ITI follow-on public offer opens on Jan 24, may raise Rs 1,600 cr

The company in its BSE filing on January 19 said the meeting of the board of directors of the company is scheduled on January 22 to consider and approve price band for FPO.

Mon, 20 Jan 2020 15:36:50 +0530