Gala Precision Engineering Ltd.

India's IPO market witnessed record fundraising in 2024, reaching Rs 1.6 lakh crore, driven by economic growth and investor confidence. The pipeline for 2025 is even more promising.

Gala Precision Engineering shares soared nearly 42% on their market debut, with the stock opening at Rs 750 on the BSE. The IPO received overwhelming subscriptions.

The Indian IPO market is set for a busy week with 13 companies, including Bajaj Housing Finance, launching initial share-sales to raise a total of Rs 8,644 crore. Experts predict continued growth...

Gala Precision Engineering's IPO received a massive 201.44 times subscription on the final day of bidding, with strong demand from all categories. The IPO is set to be listed on BSE and NSE.

Gala Precision Engineering's IPO received strong demand, oversubscribed 52.17 times on day two. The IPO closes on September 4, with shares priced between Rs 503-529.

RBI data reveals individuals over 40 account for 76% of bank deposits. Younger cohorts prefer capital markets. Overall deposit growth at 11.6%.

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Lumino Industries IPO saw overwhelming demand, subscribed 118.12 times, driven by QIBs. Company raised Rs 207 cr from anchor investors. Funds for debt & capex.

NIIF secures ₹19,000 Cr ($2B) at first close for its Infrastructure Fund II from global and domestic investors, targeting ₹30,000 Cr for Indian infrastructure.

Adani group stocks faced heavy selling pressure, with Adani Enterprises down 8%, due to a weak market and MSCI Global Standard Indexes rebalancing.

Mumbai saw a 12% rise in property registrations to 12,580 units in August, driven by strong housing demand and buyer confidence, according to Knight Frank.

Sebi has barred Tarapur Transformers and its promoters from markets for 5 years due to fund diversion, fictitious transactions, and corporate governance lapses. Fines imposed.

RBI data reveals individuals over 40 account for 76% of bank deposits. Younger cohorts prefer capital markets. Overall deposit growth at 11.6%.

Mumbai Metropolitan Region sees taxi and auto-rickshaw fare hikes starting Tuesday. Minimum auto fare Rs 27, taxi Rs 33. MMRTA approved revision.

Congress slams India's 7.8% GDP growth, calling it a "distorted picture" that hides high unemployment, low investment, and falling household savings.