Saturday, December 21News That Matters

Author: wealth18.com

Diwali 2024 / Samvat 2081 – Stock Recommendations from Experts

Diwali 2024 / Samvat 2081 – Stock Recommendations from Experts

Blog
Brokerage firms have recommended good quality stocks for investment in 2024/ Diwali for better returns in 2025 StocksTarget PriceCMPBrokerage/ AdvisorAllied Blenders & DistillersN/ASharekhanBajaj FinservN/ASharekhanBharti AirtelN/ASharekhanCaplin Point LaboratoriesN/ASharekhanDaburN/ASharekhanDee DevelopmentN/ASharekhanHi-tech PipesN/ASharekhanHUDCON/ASharekhanL&TN/ASharekhanMastekN/ASharekhanPowergridN/ASharekhanRILN/ASharekhanSBIN/ASharekhanSuntech RealtyN/ASharekhanTata MotorsN/ASharekhanSBI Securities StocksTarget PriceCMPBrokerage/ AdvisorCoal India593SBI SecuritiesMacrotech Developers1398SBI SecuritiesBharti Hexacom1747SBI SecuritiesGlaxosmithkline 2575SBI SecuritiesNippon Life AMC825SBI SecuritiesEscorts Kubota4408SBI SecuritiesChalet Hotels1106SBI SecuritiesNewg...
RateGain Travel Tech IPO – Analysis, Details, Review, Opening Date, Issue Price, Allotment Status, Listing

RateGain Travel Tech IPO – Analysis, Details, Review, Opening Date, Issue Price, Allotment Status, Listing

Stocks
Rategain Travel Technologies Ltd. (RTTL) is among the leading distribution technology companies globally and is the largest Software as a Service ("SaaS") company in the hospitality and travel industry in India. The company offers travel and hospitality solutions across a wide spectrum of verticals including hotels, airlines, online travel agents ("OTAs"), meta-search companies, vacation rentals, package providers, car rentals, rail, travel management companies, cruises and ferries. RTTL is one of the largest aggregators of data points in the world for the hospitality and travel industry. Issue Details of Rategain Travel Tech  IPO:    IPO Opens on 07 Dec 2021 IPO Closes on  09 Dec 2021 Issue Price band Rs 405- Rs 425 Any Discount NA Issue Size Rs 1354 crore Market Capitalisat...
Anand Rathi Wealth IPO – Analysis, Details, Review, Opening Date, Issue Price, Allotment Status, Listing

Anand Rathi Wealth IPO – Analysis, Details, Review, Opening Date, Issue Price, Allotment Status, Listing

Stocks
Anand Rathi Wealth is one of the leading non-bank wealth solutions firms in India and have been ranked amongst one of the three largest non-bank mutual fund distributors in India by gross commission earned in Fiscal 2019, 2020 and 2021. The company serve a wide spectrum of clients through a mix of wealth solutions, financial product distribution and technology solutions. Issue Details of Anand Rathi Wealth  IPO:    IPO Opens on 02 Dec 2021 IPO Closes on  06 Dec 2021 Issue Price band Rs 530 - Rs 550 Any Discount NA Issue Size Rs 660 crore Market Capitalisation approx Rs XXX  crores Minimum Investment 27 shares lot (min amount 14850) Max Investment (Retail) 13 lots / 351 shares (amount Rs 1,93, 050) Registrar Link Intime Book Running Lead Managers BNP Paribas, Equirus C...
Latent View Analytics IPO – Analysis, Details, Review, Opening Date, Issue Price, Allotment Status, Listing

Latent View Analytics IPO – Analysis, Details, Review, Opening Date, Issue Price, Allotment Status, Listing

Stocks
Latent View provides analytics services such as data and analytics consulting, business analytics & insights, advanced predictive analytics, data engineering, and digital solutions. The company provides services to blue-chip companies in Technology, BFSI, CPG & Retail, Industrials, and other industry domains. Issue Details of LatentView Analytics  IPO:    IPO Opens on 10 Nov 2021 IPO Closes on  12 Nov 2021 Issue Price band Rs 190 - Rs 197 Any Discount NA Issue Size Rs 622 crore Market Capitalisation approx Rs XXX  crores Minimum Investment 76 shares lot (min amount 14972) Max Investment (Retail) 13 lots / 988 shares (amount Rs 1,94,636) Registrar Link Intime Book Running Lead Managers Axis Capital, ICICI Sec Listing BSE/NSE Download Red Herring Prospectus ...
Sapphire Foods IPO – Analysis, Details, Review, Opening Date, Issue Price, Allotment Status, Listing

Sapphire Foods IPO – Analysis, Details, Review, Opening Date, Issue Price, Allotment Status, Listing

Stocks
Day 1: 0.49 times subscription   (Retail subscribed 2.56 times) Sapphire Foods was set up in September 2015, by the acquisition of about 250 KFC and Pizza Hut Stores in India and Sri Lanka, by a group of leading Private Equity firms and is managed by a team of professionals. Issue Details of Sapphire Foods  IPO:    IPO Opens on 09 Nov 2021 IPO Closes on  11 Nov 2021 Issue Price band Rs 1120 - Rs 1180 Any Discount NA Issue Size Rs 2073 crore Market Capitalisation approx Rs XXX  crores Minimum Investment 12 shares lot (min amount 14160) Max Investment (Retail) 14 lots / 168 shares (amount Rs 1,98,240) Registrar Link Intime Book Running Lead Managers JM Financials, BoFA Listing BSE/NSE Download Red Herring Prospectus Sapphire Foods Grey market Premium : As per ...
PayTM IPO (One97 Comm) IPO – Analysis, Details, Review, Opening Date, Issue Price, Allotment Status, Listing

PayTM IPO (One97 Comm) IPO – Analysis, Details, Review, Opening Date, Issue Price, Allotment Status, Listing

Stocks
Day 1: 0.48 times subscription   (Retail subscribed 1.23 times) The much-awaited IPO of One97 Communications, the holding company that owns and operates the PayTM super app and other allied apps (such as PayTM Money and PayTM for Business), opens on November 8, 2021. One 97 Communications Ltd. (PayTM) is India's largest payments platform based on the number of consumers, number of merchants, number of transactions and revenue as of March 31, 2021. It is the biggest IPO in India (Coal India's IPO in 2010 for Rs 15200 crore is the biggest currently)  Issue Details of PayTM IPO (One97 Communication) IPO:    IPO Opens on 08 Nov 2021 IPO Closes on  11 Nov 2021 Issue Price band Rs 2080 - Rs 2150 Any Discount NA Issue Size Rs 18916 crore Market Capitalisation approx Rs 1,40,000 cro...
Diwali Picks for Samvat 2078 – Brokerage Recommendations

Diwali Picks for Samvat 2078 – Brokerage Recommendations

Featured, Stocks
Diwali Picks for Samvat 2078 - Brokerage Recommendations HDFC Sec - Diwali 2021 recommendations According to HDFC Securities, most stocks are discounting a bright future over the next two years. Hence, the broking house has to shortlist stocks where it think the street is yet to give full value to the future potential. Having said that, equity as an asset class will continue to do well in a market like India. Sectorally, PSU stocks still have steam left even after the Air India sell-off and some progress on BPCL and SCI divestment. Banks (both PSU and private) could come back in the reckoning. Auto and capital goods can also do well after subdued performance over the past few quarters, it said. Bharti Airtel - Strong market position in the domestic mobile and non-mobile segment, diversifi...
IRCTC Stock Impact –  50% convenience fee to be shared with Ministry of Railways

IRCTC Stock Impact – 50% convenience fee to be shared with Ministry of Railways

Stocks
The ministry of railways has asked its  Indian Railways Catering and Tourism Corporation (IRCTC) to share 50% of convenience fee the company earns with effect from November. Till now, IRCTC has kept 100% of the convenience fee it earned from customers for providing various services. The majority of the revenue comes from convenience fee and this should be major blow to the IRCTC earnings. Share price is expected to take a hit in response to this news. Since the listing in October 2019, the stock has given stellar returns to investors. Since the start of 2021, the scrip has surged over 200% and by massive 246% in past one year. Also, IRCTC shares were traded ex-split today. The record date has been set as October 29, Friday for the sub-division of equity shares of ₹10 each into f...

Fino Payments Bank IPO – Analysis, Details, Review, Opening Date, Issue Price, Allotment Status

Stocks
Fino Payments is a growing fintech company, started in 2017, offering a wide portfolio of digital financial products and services in India. Issue Details of Fino Payments Bank IPO:    IPO Opens on 29 Oct 2021 IPO Closes on  02 Nov 2021 Issue Price band Rs 560 - Rs 577 Any Discount NA Issue Size Rs 1200 crore Minimum Investment 12 shares lot (min amount 14425) Max Investment (Retail) 13 lots / 325 shares (amount Rs 187525) Registrar KFinTech Book Running Lead Managers Axis, CLSA, ICICI, Nomura Listing BSE/NSE Download Some of the recently listed IPOs have given 100-300% returns in 2021. Also check the list of upcoming IPOs in 2021.  Fino Payments Bank IPO Grey market Premium : As per market observers, Nykaa IPO grey market premium (GMP) was ...
Nykaa / FSN E-Commerce Ventures IPO – Analysis, Details, Review, Opening Date, Issue Price, Allotment Status

Nykaa / FSN E-Commerce Ventures IPO – Analysis, Details, Review, Opening Date, Issue Price, Allotment Status

Stocks
28th Oct Update:  IPO is oversubscribed 4.8 times on Day 1 PFSN E-Commerce Ventures Ltd, the parent company of online beauty e-commerce platform Nykaa, will launch its initial public offering (IPO) on Thursday, October 28, 2021. Issue Details of FSN E-Commerce Ventures (Nykaa) IPO:    IPO Opens on 28 Oct 2021 IPO Closes on  01 Nov 2021 Issue Price band Rs 1085  - Rs 1125 Any Discount NA Issue Size Rs 5375 crore Minimum Investment 12 shares lot (min amount 13500) Max Investment (Retail) 14 lots / 168 shares (amount Rs 189000) Registrar Link Intime Book Running Lead Managers ICICI Securities, JM Financial Listing BSE/NSE Download Red Herring Prospectus Some of the recently listed IPOs have given 100-300% returns in 2021. Also check the list of u...