1+ day, 22+ hour ago   (1161+ words) RentoMojo’s blockbuster IPO reflects investor confidence in its asset-heavy rental model, but the bigger test is whether utilisation and redeployment can sustain profitable growth One blockbuster listing after another is keeping India’s startup IPO market buzzing. After Shiprocket’s strong debut…...

4+ day, 4+ hour ago   (538+ words) ESDS Software Solution hit the 10% upper circuit for the fifth consecutive trading session today, with the stock touching ₹1,582.70 on the NSE The rally has taken ESDS nearly 3.7X its ₹429 IPO price within five trading sessions and pushed the stock beyond Choice…...

5+ day, 2+ hour ago   (683+ words) The issue crossed full subscription on Day 1, led by NIIs and retail investors, even as demand from QIBs remained subdued The NII portion was subscribed 2.46X, followed by the employee and retail portions at 1.72X and 1.54X, respectively Update| September 9, 17:00 IST Online furniture…...

5+ day, 3+ hour ago   (534+ words) Riding the bulls since listing last Friday, stock of enterprise cloud and AI company ESDS Software Solution hit an upper circuit of 10% for the fourth consecutive session today, taking the stock to more than three times its IPO issue price....

1+ week, 9+ hour ago   (118+ words) Purple Style Labs listed at ₹535 on the NSE, a discount of 6.96% to its IPO issue price of ₹575. The weak debut follows muted demand for the loss-making luxury fashion company’s ₹680 Cr IPO, which was subscribed just 1.29X. On the BSE, Purple Style…...

1+ week, 2+ day ago   (1609+ words) Zerodha is stepping into merchant banking, taking on established players in India’s booming IPO market. Zerodha does not want to go public itself. But it wants to be involved in almost everything that happens when another company does. “To run…...

1+ week, 2+ day ago   (1439+ words) Stocks of Lenskart, Ather Energy, and LEAP India touched fresh all-time highs during the week while FirstCry sunk to a new low The first week of September was marked by stake sales by institutional investors, fresh ESOP allotments, and continued…...

1+ week, 3+ day ago   (398+ words) ESDS Software Solution made a strong stock market debut, listing at a 74% premium on the BSE and 76.5% on the NSE over its ₹429 IPO price. The strong debut comes after ESDS’ IPO was oversubscribed 135.88X, signalling robust investor appetite for the enterprise…...

1+ week, 4+ day ago   (406+ words) India’s microdrama war has a new challenger. Flipkart is diving into the entertainment industry with short-form scripted shows and microdramas. Already experimenting with food delivery and ticketing, can entertainment become the ecommerce giant’s next growth engine? Flipkart’s Latest Tryst: The…...

1+ week, 5+ day ago   (559+ words) Pernia’s Pop-Up Shop parent Purple Style Labs’ IPO was subscribed 37% as of 12:18 IST on the final day of bidding, receiving bids for 25.1 Lakh shares against 68.5 Lakh shares on offer. Retail investors continued to lead the demand, with their reserved portion…...