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Spright Agro Ltd’s Rs. 44.87 crore Rights opens from June 24

June 24, 2024

Ahmedabad (Gujarat) [India], June 24: Rs. 44.87 crore Rights issue of Ahmedabad based Spright Agro Ltd (BSE –531205) engaged in the business of Agriculture, Contact Farming, Greenhouse technology among others will open for subscription on June 24, 2024. The funds raised through the issue will be utilised to fund company’s expansion plans including working capital requirements and general corporate purposes. Right issue of the company are offered at a price of Rs. 13.4 per share as compared to closing share price of Rs. 45.69 per share on 21 June, 2024. Rights Issue will close on 12 July, 2024. Share in Right issue offered at Rs. 13.4 per share as compared to closing price of Rs. 45.69 per share on 21 June 2024 Spright Agro Ltd The Company will issue 3,34,84,611 f...

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Sylvan Plyboard (India) Ltd Plans for Rs. 28.05 Crore IPO; Public Issue open from June 24-26, 2024

June 22, 2024

Mumbai (Maharashtra) [India], June 22: Hooghly, West Bengal-based Sylvan Plyboard (India) Ltd, manufactures of various wood products such as plywood, blockboard, and flush door etc, is planning to raise up to Rs. 28.05 crore from its SME public issue. The company has received approval to launch its public issue on the NSE Emerge platform of the National Stock Exchange of India Limited. The public issue will open for subscription on June 24, 2024 and close on June 26, 2024. The proceeds of the public issue will be utilized to fund the company’s expansion plans, including capital expenditure towards the purchase of additional plant and machinery, meeting working capital requirements, general corporate purposes, and issue-related expenses. Finshore Management Services Limited is the lead ma...

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Durlax Top Surface’s Rs. 40.80 crore from IPO Subscribe over 161 times

June 22, 2024

Ahmedabad (Gujarat) [India], June 22: The initial public offering of Durlax Top Surface Ltd, leading company involved in the business of Solid Surface for over a decade received overwhelming response for its Rs. 40.80 crore SME IPO and got subscribed over 160.93 times as per NSE Data on 21 June 2024. Non institutional investor category received the highest interest among investors and was subscribed over 415 times. Retail segment was subscribed over 202 times and Qualified Investor segment was subscribed over 48 times. Company’s shares will be listed on the NSE EMERGE Platform of National Stock Exchange on June 26 2024. Company’s shares will be listed on the NSE EMERGE Platform of National Stock Exchange on June 26 2024. Grey Market premium on company’s share is trading around R...

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Plutus’ Teen Founders Bring Algorithmic Edge, Unlocking Superior Alpha for Quantitative Investors

June 20, 2024

Bengaluru (Karnataka) [India], June 20: At just 18 years old, Aditya Agrawal and Rishabh Bhargav founded Plutus—a fintech startup that has caught the attention of global investment powerhouses, including ones in the top 100. What started as a passion project in high school emerged as a potentially revolutionary force in quantitative finance. Today, Plutus’ board consists of veteran personalities, and it runs under the guidance of its vastly experienced members. From Precocious Beginners to Preeminent Innovators Aditya and Rishabh have been driven by an intense fascination with investing and technology from a remarkably young age. While still in the intensive International Baccalaureate program, the two prodigies began developing proprietary algorithms to identify lucrative inv...

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DJ Mediaprint And Logistics Ltd approves 2:1 bonus

June 20, 2024

Mumbai (Maharashtra) [Indai], June 20: Board of directors of DJ Mediaprint & Logistics Ltd, a leading provider of Integrated Printing, Logistics and Courier solutions in India and overseas has approved a 2:1 bonus issue. The company board also approved issuance of increase the authorized share capital from Rs. 15 crore to Rs. 50 crore, subject to approval of shareholders. Company reported highest Revenue and Profit for FY 24; Revenue in FY24 rise 12.83% Y-o-Y to Rs. 57.04 crore; Net Profit rise 51% Y-o-Y in FY24 to Rs. 5.04 crore The board of directors in the meeting held on 18 June 2024, approved issue of Bonus Shares by way of capitalization of free reserves and share premium, to the equity shareholders of the company in the ratio of 2: 1 (2 new fully paid-up Equity Share...

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Appreciate unveils Goals, a low-cost, zero-friction US ETFs basket for Indian investors

June 20, 2024

Mumbai (Maharashtra) [India], June 20: Appreciate, a SEBI and IFSCA registered fintech company, unveils Goals, a customised basket of ETFs designed for smart retail investors seeking to diversify their portfolio globally with exposure to US markets. Goals’ constituent ETFs invest in globally reputed US companies along with US treasury offerings, helping the Indian investor target long-term growth along with capital preservation. Designed on the same lines as a SIP, Goals channels investors’ contributions into a specially designed ETF basket seamlessly and without subscription, fixed remittance fee or withdrawal fee. In backtesting, Goals delivered high annualised returns by deploying a smart combination of equities, treasuries, gold, real estate funds as well as leveraging currency ap...

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Transline Technologies Limited Gets Investment from big league investors

June 17, 2024

New Delhi [India], June 17: In recent financial news, Delhi-based tech giant, Transline Technologies Limited has raised an investment through private placement of shares where it was seen that many major investors took part. Names like Ramesh Damani, Sanjay Kaul, Green Portfolio, TSG Global, Globe Capital and other major investors were seen in their private placement. This news comes right after bagging multiple award of contracts from the government and private clients of big magnitude. Transline Technologies Limited is a company mainly working in Security Surveillance systems, IT Infrastructure, Software Solutions and other related industry works. They have major clients like The Indian Railways, TCIL, Indian Oil Corporation and many other giants. Mr. Arun Gupta, Managing Direc...

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Indxx Licenses U.S. Infrastructure Development Index to Global X ETFs Australia for an ETF

June 17, 2024

Mumbai (Maharashtra) [India], June 17: Indxx, a provider of indexing solutions for exchange traded funds (ETFs), is pleased to announce the licensing of the Indxx U.S. Infrastructure Development Index to Global X ETFs Australia. The Index serves as the underlying benchmark for the Global X US Infrastructure Development ETF (Ticker: PAVE), which began trading today on the Australian Securities Exchange (ASX). The Indxx U.S. Infrastructure Development Index is designed to measure the performance of companies that provide exposure to infrastructure development in the United States. This includes companies involved in the construction and engineering of infrastructure projects; the production of infrastructure raw materials, composites, and products; producers/distributors of heavy const...

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Falcon Technoprojects India Ltd planning to raise up to Rs. 13.69 crore from public issue; IPO opens June 19

June 17, 2024

Mumbai (Maharashtra) [India], June17: Mumbai based Falcon Technoprojects India Ltd specialized in providing mechanical, electrical and plumbing services to clients across sectors such as petroleum refineries, housing estates, nuclear power, construction etc is planning to raise up to Rs. 13.69 crore from its SME public issue. The company has received approval to launch its public issue on NSE Emerge Platform of National Stock Exchange. The public issue open for subscription on June 19 and closes on June 21. The Proceeds of the public issue will be utilised to fund company’s expansion plans including meeting working capital requirements and general corporate purposes. Kfin Technologies Ltd is the lead manager of the issue. Company to issue 14.88 lakh Equity shares of Rs. 10 face value ...

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KBC Global Ltd has been awarded a sub contract worth of USD 20 Million for soft infrastructure segment from CRJE Ltd

June 17, 2024

Nashik (Maharashtra) [India], June 17: KBC Global Ltd ( Previously known as Karda Construction Limited ) BSE – 541161, a prominent player in the construction and real estate development sector has been awarded a significant subcontract worth approximately US $20 million by CRJE (EAST AFRICA) Ltd. CRJE is a modern enterprise with a rich history in constructing railways and five-star hotels across Africa. Highlights:- Company’s wholly owned subsidiary, Karda International Infrastructure Ltd received this contract KBC Global has taken its first step in becoming a key part of Africa’s Infrastructure development. Company has also announced a strategic plans for expansion in both domestic and international markets. This substantial contract focuses on the civil engineering seg...