Two Major IPOs Set to Raise ₹6,722.92 Crore in December 2024
In December 2024, two significant initial public offerings (IPOs) are set to hit the market, aiming to raise a combined ₹6,722.92 crore. The first, from International Gemmological Institute (IGI) India, a Blackstone-promoted company specializing in grading and accreditation for diamonds, gemstones, and jewelry, will launch its ₹4,225 crore IPO on December 13 and close on December 17. The IPO consists of a fresh issue of ₹1,475 crore and an offer for sale of ₹2,750 crore by Blackstone&
Two Major IPOs Set to Raise ₹6,722.92 Crore in December 2024
In December 2024, two significant initial public offerings (IPOs) are set to hit the market, aiming to raise a combined ₹6,722.92 crore. The first, from International Gemmological Institute (IGI) India, a Blackstone-promoted company specializing in grading and accreditation for diamonds, gemstones, and jewelry, will launch its ₹4,225 crore IPO on December 13 and close on December 17. The IPO consists of a fresh issue of ₹1,475 crore and an offer for sale of ₹2,750 crore by Blackstone&
NTPC Green Energy IPO
The initial public offering (IPO) of NTPC Green Energy Ltd., one of the largest IPOs of the year, is attracting strong interest due to its promising long-term growth potential. The state-run NTPC Ltd.'s green energy arm is set to raise Rs 10,000 crore through its IPO, which opens for subscription on November 19, with a price band of Rs 102 to Rs 108 per share. Analysts are optimistic about the offering, highlighting NTPC Green Energy's solid financial backing from its parent
NTPC Green Energy IPO
The initial public offering (IPO) of NTPC Green Energy Ltd., one of the largest IPOs of the year, is attracting strong interest due to its promising long-term growth potential. The state-run NTPC Ltd.'s green energy arm is set to raise Rs 10,000 crore through its IPO, which opens for subscription on November 19, with a price band of Rs 102 to Rs 108 per share. Analysts are optimistic about the offering, highlighting NTPC Green Energy's solid financial backing from its parent
Aegis Vopak Terminals Approves ₹4,000 Crore IPO and ₹800 Crore Private Placement Amid Mixed Financial Results
Aegis Vopak Terminals Ltd. has announced that its board of directors has approved a proposal to raise ₹4,000 crore through an initial public offering (IPO) and an additional ₹800 crore via private placement. The IPO will consist of a fresh issue of equity shares, each with a face value of ₹10, as stated in the company's exchange filing. The IPO is subject to regulatory approvals and market conditions, while the preferential issue will be conducted on a private placement ba
Aegis Vopak Terminals Approves ₹4,000 Crore IPO and ₹800 Crore Private Placement Amid Mixed Financial Results
Aegis Vopak Terminals Ltd. has announced that its board of directors has approved a proposal to raise ₹4,000 crore through an initial public offering (IPO) and an additional ₹800 crore via private placement. The IPO will consist of a fresh issue of equity shares, each with a face value of ₹10, as stated in the company's exchange filing. The IPO is subject to regulatory approvals and market conditions, while the preferential issue will be conducted on a private placement ba
Key Suspect in Baba Siddique Murder Linked to Salman Khan Shooting Incident
The investigation into the murder of former Maharashtra minister Baba Siddique has led police to focus on Shubham Lonkar, who is believed to be a key conspirator in the crime. Siddique, a three-time MLA and member of the Ajit Pawar faction of the NCP, was murdered in Bandra last week. Lonkar had previously been questioned in relation to a firing incident outside actor Salman Khan's residence, but was released due to a lack of evidence. Authorities allege that he, along with his brother Pr
Key Suspect in Baba Siddique Murder Linked to Salman Khan Shooting Incident
The investigation into the murder of former Maharashtra minister Baba Siddique has led police to focus on Shubham Lonkar, who is believed to be a key conspirator in the crime. Siddique, a three-time MLA and member of the Ajit Pawar faction of the NCP, was murdered in Bandra last week. Lonkar had previously been questioned in relation to a firing incident outside actor Salman Khan's residence, but was released due to a lack of evidence. Authorities allege that he, along with his brother Pr
Swiggy Attracts Celebrity Investors Ahead of IPO Announcement
Following the announcement of its initial public offering (IPO), Swiggy has drawn significant attention from various celebrities in sports and entertainment, acquiring stakes in the restaurant aggregator before it hits Dalal Street. Notable investors include cricket legends Rahul Dravid and Zaheer Khan, tennis star Rohan Bopanna, filmmaker Karan Johar, and actor Ashish Chowdhry. According to the Economic Times, around 200,000 shares of Swiggy's parent company, Instamart, have already been
Swiggy Attracts Celebrity Investors Ahead of IPO Announcement
Following the announcement of its initial public offering (IPO), Swiggy has drawn significant attention from various celebrities in sports and entertainment, acquiring stakes in the restaurant aggregator before it hits Dalal Street. Notable investors include cricket legends Rahul Dravid and Zaheer Khan, tennis star Rohan Bopanna, filmmaker Karan Johar, and actor Ashish Chowdhry. According to the Economic Times, around 200,000 shares of Swiggy's parent company, Instamart, have already been
BJP's Sundar Singh Tanwar Nominated to Delhi Municipal Corporation's Standing Committee Amid Controversy
In a controversial election, Sundar Singh Tanwar of the BJP was nominated to the 18th and final seat of the Delhi Municipal Corporation's Standing Committee, garnering 115 votes—exactly the number of BJP councillors present. This victory grants the BJP control of the Standing Committee, perceived as the real power within the municipal body, allowing them to appoint the Chair. The election follows a boycott by the Aam Aadmi Party (AAP), which has a significant majority with
BJP's Sundar Singh Tanwar Nominated to Delhi Municipal Corporation's Standing Committee Amid Controversy
In a controversial election, Sundar Singh Tanwar of the BJP was nominated to the 18th and final seat of the Delhi Municipal Corporation's Standing Committee, garnering 115 votes—exactly the number of BJP councillors present. This victory grants the BJP control of the Standing Committee, perceived as the real power within the municipal body, allowing them to appoint the Chair. The election follows a boycott by the Aam Aadmi Party (AAP), which has a significant majority with
New Chinese Heliport Near Arunachal Pradesh: Strategic Implications for Indo-Chinese Relations
A new Chinese heliport is being constructed just 20 kilometers east of the Line of Actual Control (LAC) near the sensitive Fishtails region of Arunachal Pradesh. This facility could enable the People's Liberation Army (PLA) to rapidly deploy military resources into a remote and under-developed area along the Indo-Chinese frontier. Situated along the Gongrigabu Qu river in the Nyingchi Prefecture of Tibet Autonomous Region, the heliport's construction has raised significant strategic c
New Chinese Heliport Near Arunachal Pradesh: Strategic Implications for Indo-Chinese Relations
A new Chinese heliport is being constructed just 20 kilometers east of the Line of Actual Control (LAC) near the sensitive Fishtails region of Arunachal Pradesh. This facility could enable the People's Liberation Army (PLA) to rapidly deploy military resources into a remote and under-developed area along the Indo-Chinese frontier. Situated along the Gongrigabu Qu river in the Nyingchi Prefecture of Tibet Autonomous Region, the heliport's construction has raised significant strategic c









