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ICICI Securities

Vishal Mega Mart to float Rs 8,000 cr IPO on Dec 11

At present, Samayat Services LLP holds a 96.55% stake in the Gurugram-based supermart majorNew Delhi: Supermart major Vishal Mega Mart is set to launch its Rs 8,000 crore initial share sale on December 11 for public subscription.The Initial Public...

Stanley Lifestyles IPO subscribed 97 times on last day

The IPO has a fresh issue of up to Rs 200 crore and an offer for sale of up to 91,33,454 equity sharesNew Delhi: The initial public offering (IPO) of luxury furniture brand Stanley Lifestyles got subscribed 96.98 times...

Stanley Lifestyles IPO subscribed 5.22 times on Day 2 of offer

The initial share sale will conclude on Tuesday and has a price range of Rs 351-369 per shareNew Delhi: The initial public offer of luxury furniture brand Stanley Lifestyles received 5.22 times subscription on the second day of bidding...

Mufti brand owner garners Rs 165 crore from anchor investors

The company has allotted 58.9 lakh equity shares to 11 funds at Rs 280 apiece, which is also the upper end of the price band, according to a circular uploaded on BSE's websiteNew Delhi: Credo Brands Marketing Ltd, which...

DOMS Industries IPO fully subscribed within hours of opening

The Rs 1,200-crore IPO received bids for 5,04,55,458 shares against 88,37,407 shares on offer, translating into 5.71 times subscription, according to data available with the NSENew Delhi: The initial public offer (IPO) of pencil maker DOMS Industries got fully...

E-commerce growth in Tier II & III India surpasses Tier I: Report

The growth of e-commerce volumes in tier 2 and 3 cities in India is outpacing that in tier-1 cities, according to a recent report."Smaller Indian cities are now accounting for a bigger volume of e-commerce sales. E-commerce growth in...

JioMart tie up to benefit kiranas hit by loss of market share

As kirana stores lose market share, a tie up with JioMart may be a potential solution and could be beneficial for the viability of kirana stores. According to a report by ICICI Securities, despite all the noise, kiranas likely lost...

Avenue Supermarts IPO oversubscribed 5.71 times on Day 2

The initial public offer of Avenue Supermarts, the operator of retail chain D-Mart, to raise Rs 1,870 crore was oversubscribed 5.71 times on the second day of the offer. According to a PTI report: The IPO, the biggest since PNB...
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KiranaPro raises capital in seed funding round

The capital will be used to scale up KiranaPro's operational teams, strengthen its ONDC-enabled technology infrastructure, and launch its...
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