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Ashish Kacholia buys stake in recently listed multibagger

Shares of Megatherm Induction listed with a massive premium of 108% earlier this week. Post the debut, the stock jumped further and is currently trading at Rs 252 apiece, up nearly 133% over the issue price.

India , Bigshare-services , Megatherm-induction , Ashish-kacholia , Kacholia-stocks , Kacholia-portfolio , Multibagger , Sme-ipo , Sme-ipo-news ,

Bulk deals: Bandhan Mutual Fund picks Rs 23.31 crore shares in Ashish Kacholia-backed company

Kalyan Jewellers India saw huge activity in bulk deals, while Cohesion Investments and Madhusudan Kela JV, Cohesion MK Best Ideas Sub-Trust picked up Rs 8.49 crore worth of shares in Indiabulls Housing Finance.

Paradeep , Orissa , India , Kalyan , Maharashtra , Ashish-kacholia , Kanak-sujay-kewalramani , Star-international-fund , Vanguard-emerging-markets-stock-index-fund , Mutual-fund , Vanguard-international-stock-index-fund , Goldman-sachs

Megatherm Induction share price: Megatherm Induction shares list at 108% premium over issue price

Megatherm Induction's shares listed with a 108.3% premium on the NSE SME platform, debuting at Rs 220 compared to the issue price of Rs 108. The IPO was a fresh equity issue of Rs 54 crore, funding the construction of factory shed, working capital requirements, and general corporate purposes. Megatherm Induction manufactures induction heating and melting products, including electric arc furnaces for alloys and special steel making industries. They also provide turnkey solutions for steel plants and have a strong presence in the secondary steel sector.

India , Bigshare-services , Megatherm-induction , Megatherm-induction-share-price , Ipo , Stock , Premium , Nse , Sme-platform ,

Park Hotels IPO gets fully subscribed on first day; retail portion booked over 3x. Check GMP, other details

The Apeejay Surrendra Park Hotels IPO comprises a fresh issue of equity shares aggregating up to Rs 600 crore and the offer for sale of Rs 320 crore in which promoter group entity Apeejay Pvt will offload shares worth Rs 296 crore. Other selling shareholders include RECP IV Park Hotel Investors and Co-Investors.

Japan , India , Nippon , Tax-saver-fund , Prudential , Apeejay-surrendra-park-hotels , Recp-iv-park-hotel-investors , Services-fund , Life-insurance-company , Park-hotels-financials , Prudential-innovation-fund

Share Market Highlights 5 February 2024: Sensex falls 354 pts; Nifty settles above 21,750 pts; Tata Motors gains over 5%, UPL slumps over 10%

Share Market Highlights 5 February 2024: Sensex falls 354 pts; Nifty settles above 21,750 pts; Tata Motors gains over 5%, UPL slumps over 10%
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Arkade Developers gets green signal from SEBI to launch its proposed IPO

Mumbai-based real estate company Arkade Developers has received regulatory approval for its proposed IPO, which aims to raise ₹430 crore. The IPO will consist entirely of a fresh issue of equity shares. The company plans to use the proceeds for ongoing and upcoming projects.

India , Mumbai , Maharashtra , Malad , Arkade-developers , Bigshare-services , Unistone-capital , Hyundai-motors , Vile-parle-east , Megatherm-induction , Arkade-developers-ipo

Dalal Street Week Ahead | RBI policy, earnings, services PMI among 10 key factors to keep traders busy

In the coming week, the market may see some consolidation after a recent rally and maintain caution ahead of RBI policy, but overall, the sentiment seems to be in favour of bulls given the positive global cues, experts said.

India , China , Israel , Italy , Italian , Aurobindo-pharma , Jigars-patel , Harshdeep-hortico , Bharti-airtel , Ajit-mishra , Ashwin-ramani , Anand-rathi

Primary market action: 5 IPOs opening for subscription, with 6 listings scheduled next week

Primary Market | Five companies will be raising Rs 2,700 crore through initial public offerings next week.

Italy , Punjab , India , Indore , Madhya-pradesh , Bengaluru , Karnataka , Oman , Mumbai , Maharashtra , Italian , Societe-generale

Megatherm Induction IPO: Check status, GMP, listing date and other details

Megatherm Induction's IPO received a strong response from investors, with a subscription rate of 190 times. The company is set to finalize the IPO allotment today. Investors can check the status of the Megatherm Induction IPO allotment on the official website of the registrar, Bigshare Services. In the unlisted market, Megatherm Induction shares are trading at a premium of Rs 135, compared to the issue price of Rs 108.

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