Home First Finance Company (HFFC) IPO Day 1

Yesterday was the first day for bidding. The IPO had been fully subscribed around 1.08 times, at the end of day 1.

The issue received bids for 1.62 crore shares against an offer size of more than 1.56 crore shares.

Subscription status for each investor category:

  • Retail Investors: 1.29 times
  • Qualified institutional buyers: 1.28 times
  • Non-institutional investors: 12.7 times

Read more on Groww: HFFC Latest News and Subscription Status Today [Live]

Indigo Paints IPO Day 2

At the end of day 2, the IPO was subscribed 6.97 times its total issue size

Subscription status for each investor category

  • Employees: 1.8 times
  • Retail Investors: 9.6 times
  • Qualified institutional buyers: 3.8 times
  • Non-institutional investors: 5.4 times

Read more on Groww: Indigo Paints Latest News and Subscription Status Today [Live]

Bajaj Auto

Standalone Q3 YoY

  • Net profit of the company up 23% to Rs 1,556 crores
  • Total revenue was up around 17% to Rs 8,909.8 crores
  • Sales (in numbers) rose 8.7% to 13.06 lakh crores.
  • The share price of the company was up 1.63% to Rs 3,703.3 per share yesterday.
  • The results were declared an hour before the markets closed.

Asian Paints

Consolidated Q3 YoY

  • Net profit of the company up 62% to Rs 1,238.3 crores
  • Revenue from operations rose 25.2% to Rs 6,788.5 crores
  • Revenue from the paints business was up around 25% to Rs 6,635.08 crores
  • The share price of the company was up 0.71% to Rs 2,716.3 per share yesterday.
  • The results were declared an hour before the markets closed.

HDFC Bank

  • The Securities and Exchange Board of India (Sebi) slapped a penalty of Rs 1 crore on HDFC Bank.
  • This is for invoking securities pledged by BRH Wealth Kreators, which is a violation of the regulator’s interim order.
  • The regulator has also directed the bank to transfer Rs 157.68 crores along with 7% interest per annum to an escrow account till the issue of settlement of clients securities is not reconciled.

HDFC

HDFC will sell its 24.48% stake in Good Host for Rs 232.81 crores. Good Host is in the business of managing student housing facilities.

Wipro

The company closed its share buyback offer and completed extinguishment(which means, reducing the number of outstanding shares) of 23.75 crore shares.

Vedanta

  • Vedanta‘s mined metal production rose 4% to 2.44 lakh tonnes in October to December quarter when compared to 2.35 lakh tonnes during the same quarter in 2019.
  • Integrated metal production rose 7% to 2.35 lakh tonnes from 2.19 lakh tonnes.

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