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Meesho IPO allotment done, listing on Dec 10

Meesho has completed the allotment for its IPO, which attracted strong investor interest. The issue was subscribed nearly 79 times, showing heavy demand from retail and institutional investors.

In the grey market, the stock was trading at a premium of around ₹40–₹45 per share over the issue price of ₹111, indicating an expected listing price of around ₹150–₹155.

Refunds for non-allottees began from 9 December, while shares were credited to demat accounts the same day. The stock is scheduled to list on the exchanges on 10 December, as Meesho targets growth in tech and logistics.

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Trump approves Nvidia H200 AI chip sales to China

The US government, under former President Donald Trump, has cleared Nvidia to sell its powerful H200 AI chips to selected customers in China. These chips, designed for artificial intelligence and large-scale computing, were previously restricted from export due to security concerns.

As part of the approval, the US will receive 25% of the sales revenue. Nvidia welcomed the decision, saying it supports American manufacturing and jobs while maintaining safeguards. Investors responded positively, and experts note the move could accelerate Chinese AI development while benefiting the US economically.

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Mahindra & Mahindra shares rise on 18% production jump

Mahindra & Mahindra reported strong performance in November, with vehicle production rising over 18% year-on-year.

The company’s total sales grew by nearly 20%, reflecting steady demand across key segments. Passenger vehicle sales rose sharply, while commercial vehicle sales also showed healthy growth.

Tractor sales recorded a major jump, driven by improved rural demand. Exports increased as well, supporting overall growth. The strong performance boosted investor confidence, leading to gains in the company’s share price.

The results highlight Mahindra’s growing market strength and improving production efficiency.

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Snapdeal parent AceVector files ₹300 crore IPO papers

AceVector, the parent company of Snapdeal, has filed an updated Draft Red Herring Prospectus with SEBI, moving closer to its IPO launch.

The offer includes a ₹300 crore fresh issue of equity shares, alongside an Offer-for-Sale of about 63.8 million shares by existing investors.
Promoted by founders and backed by SoftBank, Nexus Venture Partners, eBay, and Temasek, AceVector also operates Unicommerce and Stellaro Brands.

Proceeds from the IPO are planned for marketing, technology upgrades, and strategic growth initiatives. The filing signals the company’s intent to strengthen its financial position and expand in India’s competitive e‑commerce market.

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Meesho IPO allotment for ₹5,421 cr closes this week

The Meesho IPO allotment will be finalised on 8 December 2025, with refunds and share credits expected by 9 December.

Investors can check their allotment status via registrar Kfin Technologies or the BSE and NSE websites. The ₹5,421 crore IPO saw overwhelming response, being oversubscribed nearly 79 times, reflecting strong demand from both retail and institutional investors.

Grey-market trends indicate a premium of ₹40–₹43, hinting at a potential listing price of ₹150–₹153. Analysts say the strong subscription and GMP signal positive investor sentiment, setting the stage for a promising debut on the stock exchanges.

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Ravelcare shares jump 55% on debut

Ravelcare made a strong market debut on December 8, 2025, listing at ₹201 per share on the BSE SME platform, up nearly 55% from its IPO price of ₹130.

The IPO, aimed at raising ₹24.1 crore through 18.54 lakh fresh shares, saw overwhelming demand, being subscribed around 406 times. The funds will support marketing, advertising, and a new manufacturing facility in Amravati, along with general corporate purposes.

Early grey‑market trading had indicated a strong premium, and the listing confirmed investors’ enthusiasm for the company’s beauty and personal‑care business.

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Corona Remedies IPO shines, 33% subscribed on Day 1

Corona Remedies launched its ₹655 crore IPO on December 8 with a price band of ₹1,008–1,062 per share.

On the first day, the issue saw 33% subscription, with 14.75 lakh shares bid against 45.71 lakh shares on offer. The grey-market is trading at a premium of around ₹290, indicating positive investor sentiment.

The company reported FY25 revenue of ₹1,196 crore, EBITDA of ₹246 crore, and a profit after tax of ₹149.43 crore, reflecting strong financials.

The subscription window closes December 10, with listing expected on BSE/NSE around December 15, making it a closely watched IPO.

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Air India follows Government directive, caps ticket prices

Air India has introduced fare caps on domestic flights following a government directive after IndiGo canceled hundreds of flights, leaving travelers stranded.

Economy-class fares are now limited to ₹7,500 for flights under 500 km, ₹12,000 for 500–1,000 km, ₹15,000 for 1,000–1,500 km, and ₹18,000 for flights over 1,500 km, excluding taxes.

Air India and Air India Express started applying caps from December 4, and passengers who booked above the limits will receive refunds.

The move aims to protect travelers and ensure price stability amid the ongoing aviation disruption.

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Purple Wave Infocom ₹31.45 cr IPO opens modestly

Purple Wave Infocom made its BSE‑SME debut today after raising ₹31.45 crore through a fresh issue of nearly 25 lakh shares.

The company, specializing in professional audio-video (PRO AV) and smart display solutions, saw its IPO subscribed about 6.9 times, reflecting strong investor interest, particularly from institutions.

However, the grey-market premium (GMP) was at zero ahead of listing, suggesting the stock may open close to its IPO price.

Analysts expect only modest gains for Purple Wave Infocom, on the first trading day, despite healthy revenue and profit growth in the previous year. Investors are watching the debut closely.

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Logiciel Solutions ₹40 cr IPO debuts with flat sentiment

Logiciel Solutions is set to debut on the BSE SME platform today, following the closure of its ₹40 crore IPO on December 2.

The issue included a ₹32.7 crore fresh offer and ₹7.2 crore offer-for-sale, priced between ₹183–₹193 per share.

Overall subscription stood at a modest 2.04×, with retail investors driving most of the demand.

Pre-listing grey market activity indicates a zero premium, reflecting cautious investor sentiment and expectations of a flat listing.

Market watchers will closely track the debut, as the company ventures into the public domain amid subdued investor interest.