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Update: Check Allotment Status for Glenmark Life Sciences IPO Glenmark Life Sciences IPO allotment status is now available.  The allotment status is available at the link below, just select the IPO and enter your PAN. Good Luck! https://kosmic.kfintech.com/ipostatus/   Glenmark Life Sciences IPO is oversubscribed 28.67 times QIM oversubscribed: 13.31  times NII oversubscribed: 99.24  times Retail oversubscribed: 7.07 times   Glenmark Life Sciences IPO is opening on 27th July 2021. Glenmark Life Sciences is a leading developer and manufacturer of select high value, non-commoditized active pharmaceutical ingredients (APIs) in chronic therapeutic areas, including cardiovascular disease (CVS), central nervous system disease (CNS), pain management and diabetes, as per Fros...

Reliance Industries (RIL) has announced its Rights Issue to raise Rs 53125 crores. The rights issue is open for subscription on May 20 and closes on June 03,2020. Record Date to be eligible: 14th May 2020 Ratio : 1:15 - Eligible shareholders are allowed to subscribe to 1 equity share for every 15 shares held Right Issue discounted price: Rs 1257 The shareholders is not required to pay full amount now, but it will be required to pay in installments: Installment 1 : Rs 314.25 per rights equity share. (25%) Balance: Rs 942.75 will be payable in two installments (Expected 25% in May 2021 and 50% in Dec 2021) Rights Entitlement: The rights entitlement (RIL-RE) will also be credited to the Demat accounts of shareholders by RTAs. The RE will be in the form of temporary Demat secu...

HDFC Trustee Company has bought 3.4 crore shares of SpiceJet from the open market constituting 5.45% of the airline. The deal is approx Rs 120 crores. Rating agency CRISIL has downgraded the rating for Spicejet short term loans from "BB-" to "B" on significant deterioration of business risk profile. It has also cut the outlook in rating from positive to negative. In such times, HDFC Trustee's investment in SpiceJet is seen as a boost of confidence for the airline's management and investors.

According to the block deal data available on NSE, Theleme Master Fund  bought shares of HDFC Bank worth Rs 280 crore Theleme Master Fund is a UK-based hedge fund. The fund picked up more than 31 lakh shares for Rs 280 crores through open market. Morgan Stanley Asia (Singapore) PTE. - ODI sold these shares. On 2nd April.- HDFC Bank price is at Rs 830.  

Global financial firm Morgan Stanley made as many as 4 purchases in small-cap stocks through bulk deals on NSE and BSE on March 30, data available with exchanges showed. The four stocks in which Morgan Stanley bought stocks were Kalyani Investment Company, (93000 shares @ 865.05 = Rs 8.04 crores) Nalwa Sons Investments, (53000 shares @ Rs 475.05 = Rs 2.52 crores) Summit Securities and (105000 shares @ Rs 233.50 = Rs 2.5 crores) Rajapalayam Mills (87000 shares @ Rs 458.05 = Rs 4 crores) Stock prices has been bit hard due to COVID-19 situation. The valuations are now attractive for long term investors. Source: MoneyControl