News for JM Financial Limited (JMFINANCIL.NS)

Prestige Estates Projects plans to prioritise entertainment and dining spaces in malls, increasing their share to 40 per cent, while reducing retail space.

Indian markets ended higher on Monday, with Nifty reaching an eight-month high and banking stocks rallying to record levels, driven by RBIs surprise easing, strong U.S. jobs data, and progress in global trade discussions.

Indian markets ended higher on Thursday led by Reliance and financials, as investors anticipated a rate cut by RBI. Analysts suggest cautious optimism amid consolidation, foreign inflows, and global uncertainty.

Dhan, an online stock trading platform, is poised to become a unicorn with a $190-200 million funding round led by ChrysCapital. The investment, which includes participation from Alpha Wave, MUFG, and Sunil Mittal's family office, will value the company at $1.1 billion. Dhan's focus on high-frequency traders and profitability have attracted investors amidst regulatory changes in the Indian stock market.

Hero FinCorp, the financial arm of Hero MotoCorp, has received SEBI's approval for a Rs 3,668 crore IPO. The IPO comprises a fresh issue of shares worth Rs 2,100 crore and an Offer For Sale of Rs 1,568 crore by existing investors. The capital raised will fuel the company's lending activities. Hero FinCorp boasts a customer base of 1.

IPO News Live, Leela Hotels IPO (Schloss Bangalore), Aegis Vopak Terminals IPO, Prostarm Info Systems IPO, ASTONEA LABS IPO, Scoda Tube IPO GMP Live Updates: Key highlights | Track live updates on IPOs here Last day to subscribe Brookfield Asset Management-backed Schloss Bangalore IPO, which operates Leela Palaces Hotels and Resorts, was subscribed 17 per cent on the second day of bidding. The company garnered ₹1,575 crore from anchor investors. The issue, with a price band of ₹413-435 per share, will conclude on May 28. The IPO of Aegis Vopak Terminals, a subsidiary of Aegis Logistics Ltd, received a 35 per cent subscription on Tuesday. The company raised ₹1,260 crore from anchor investors and price band for the issue is ₹223- ₹235 per share. IPO will conclude on May 28. Following IPOs enter Day 2 Prostarm Info Systems IPO opened for subscription on May 27, aiming to raise ₹168 crore via fresh issue. Price band set at ₹95-₹105 per share. It was subscribed 3.35 times on day 1 of bidding. ASTONEA LABS opened for subscription on May 27, aiming to raise ₹37.67 crore. The price band for this SME IPO is set between ₹128-₹135 per share. Booked 0.22 times on Day 1. IPO open for subscription from today Scoda Tubes IPO is entirely a fresh issue of equity shares, aggregating up to ₹220 crore with no offer for sale (OFS) component. The issue, with a price band of ₹130-140 per share, opened for public subscription on May 28 and will conclude on May 30. Track live updates on these IPOs here.

The firm aims to build the investment banking vertical through Batlivala & Karani (B&K), a brokerage it acquired in January.

PG Electroplast shares: The deal entails the sale of 1.59 crore shares at a floor price of Rs 740 each, reflecting a 4.4% discount compared to the stocks closing price of Rs 773.95 on May 26, 2025, on the National Stock Exchange (NSE).

Listed broking firms faced significant profit declines in the March quarter due to stricter regulations imposed by SEBI, including the scrapping of popular derivative products and reduced trading activity following a stock market downturn. These regulatory changes, such as uniform fee structures and true-to-label norms, impacted retail participation and increased transaction costs.

The Leela Hotels, operated by Schloss Bangalore, has set a price band of Rs 413-435 for its Rs 3,000 crore IPO, open from May 26–28. The proceeds will mainly go towards debt repayment. Despite losses, the company has shown strong financial recovery, with FY24 revenue rising to Rs 1,226 crore. Listing is planned on NSE and BSE.

Schloss Bangalore, owner of The Leela luxury hotel brand, will open its ₹3,500 crore IPO on May 26, comprising a ₹2,500 crore fresh issue and ₹1,000 crore OFS. The offer closes on May 28, with listing expected on June 2.

Bikaji Foods reports strong Q4 results, focusing on high-margin products and traditional snacks for growth.

Growing geopolitical calm is signalling a shift in investor sentiment. They may eye riskier equities over gold's peak from hereon.

Swiggy shares are in for a volatile run on the bourses as the lock-in period for pre-IPO investors expired on Monday. This and more in todays ETtech Top 5.

13 of the 33 new-age tech stocks gained in a range of 0.01% to nearly 22% this week, while 20 stocks ended the week 0.02% to about 13% lower

Mouri Tech plans to raise 1,500 crore through a refiled IPO, including 250 crore in fresh issue and 1,250 crore via offer for sale by promoters and shareholders. Proceeds will be used for debt repayment, investment in subsidiaries, acquisitions, and general purposes. The company may consider a pre-IPO placement of up to 50 crore in consultation with the book-running lead managers.

Seventeen out of the 32 new-age tech stocks under Inc42's coverage gained in a range of 0.13% to over 10% this week

Canara HSBC Life Insurance files IPO with SEBI, offering 23.75 crore equity shares, backed by major banks and financial institutions.

Canara HSBC Life Insurance has filed its DRHP with SEBI for an IPO comprising 23.75 crore equity shares via offer for sale. Promoted by Canara Bank and HSBC, the insurer ranks high among public-sector-led peers in assets and lives covered.