Page 2 - Synoptics Technologies News Today

Synoptics Technologies, an Indian IT services company, will launch its initial public offering on June 30, which closes on July 5. The offering comprises fresh equity shares of up to 14.8 lakh and an offer of sale of 8 lakh shares at a price band of INR237 apiece. With First Overseas Capital as the lead manager and Bigshare Services as the registrar, the net proceeds will be used for repayment of borrowings and other general purposes. The companys shares are expected to be listed on the NSE Emer...

The selling pressure may continue for few more sessions amid consolidation, but large correction is unlikely due to favourable domestic economic conditions and fall in global commodity prices, experts said

In this calendar year so far over Rs 10,000 crore worth of mainboard IPOs by eight companies excluding these and 65 companies in the SME segment together have mopped over Rs 1,600 crore.

Here are the key economic data releases in India and from around the world to get you started for next week.

Seven public issues, including three mainstream IPOs and four SME IPOs, are set to hit the Indian markets this week. IdeaForge will open its much-awaited IPO for subscription on June 26th, offering equity shares of up to INR 240 crore and an offer for sale of 48.6 lakh shares. Meanwhile, Cyient DLMs IPO, offering equity shares for Rs 250-265 a piece, will open on June 27th while PKH Ventures will bring in an initial offering of up to 1.82 crore shares on June 30th. The SME space will also see fo...

US GDP Growth, Speech by Fed Chair Jerome Powell and IPOs will drive the market next week.

The fact that these companies hail from a varied spectrum of industries indicate the upbeat mood in the market for investment and growth.