News for Khandwala Securities Limited (KHANDSE.BO)

The SME issue of BikeWo GreenTech was subscribed 1.28 times on Day 1 and 9.69 times on Day 2.

The initial share sale of BikeWo GreenTech Ltd. will open for subscription on September 20. The BikeWo GreenTech IPO is an entirely fresh issue of 38.86 lakh shares totalling Rs 24.08 crore.

Phoenix Overseas will launch its SME IPO today, aiming to raise Rs 36 crore. The IPO includes fresh equity shares and an offer for sale, with a price band of Rs 61-64 per share. The company is involved in trading and exporting agricultural products and manufacturing fashion accessories. The subscription period runs from September 20 to September 24.

Khandwala Securities Limited reported earnings results for the full year ended March 31, 2024. For the full year, the company reported revenue was INR 87.01 million compared to INR 64.86 million a...

Khandwala Securities Limited reported earnings results for the fourth quarter ended March 31, 2024. For the fourth quarter, the company reported revenue was INR 28.76 million compared to INR 2.09...

The IPO of Euphoria Infotech India was subscribed 217.31 times on the BSE, with retail portion at 281.82 times and non-institutional investors' quota at 108.98 times. The issue offers 960,000 shares with a price band of Rs 96-100 per share. The company plans to use the IPO proceeds for working capital and general corporate purposes.

Vedanta, Bajaj Auto, Bharat Electronics, Nykaa, Kirloskar Brothers, Equitas SFB, UltraTech Cement, Mahindra Lifespace, Khandwala Sec

Indian equity markets came off day's highs after turning positive as the Reserve Bank of India (RBI) retained the FY23 GDP growth forecast at 7.2 per cent. Sectorally, Banks, Financials, Metals, PSBs and Realty indices held strong gains on the Nifty. While, Auto, Pharma, FMCG and Consumer Durables were subdued.

Indian benchmark indices extended losses on Tuesday, tracking subdued sentiment overseas. The BSE Sensex fell 700 points, while the NSE Nifty 50 slipped below 16,400. Sectorally, consumer durables, financials, auto, realty, and banks led losses on the Nifty, down up to 2 per cent.

Benchmark indices held minor cuts in Monday's session, tracking weakness in global markets as investors feared steeper rate hikes by the US Fed. Besides, the RBI, too, is scheduled to announce its rate hike decision on Wednesday.

Specialty company Aether Industries listed at Rs 706, a 10 per cent premium over its issue price of Rs 642, on the BSE. A total of 53 stocks hit 52-week high on BSE, while 28 scrips touched new lows intraday.

Market watchers believe that subdued global cues, intense selling by foreign institutional investors (FIIs) and risk-off sentiment across the globe amid fear of tightening by the US Fed dampened the mood in the domestic equity market.