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Showing posts from July, 2026

Lohia Corp Shares List at Over 8% Premium on NSE, Reaches a High of Rs 508.65 on NSE

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  Mumbai, July 30, 2026: Shares of Kanpur-based Lohia Corp Limited, which is among the leading global manufacturers of machinery and equipment for technical textiles, listed at Rs 461 on the exchange, a premium of 8.5% to IPO price. The scrip reached a high of Rs 508.65 on the NSE, and Rs 508.5 on the BSE. The scrip closed at Rs 494.65 on the BSE, a premium of 16.4% to the IPO price. As per NSE, the total quantity traded stood at 207.59 lakh shares, on BSE the total Quantity stood at 15.38 lakh shares. The Market Capitalisation of the Company at today’s closing price stood at Rs 5,226 crore as per BSE, and Rs 5,211.7 crore as per NSE. The company had offered a nearly Rs 1,102 crore issue for subscription from Thursday, July 23, 2026, to Monday, July 27, 2026.  The issue received bids of 11,17,29,660 equity shares against the offered 1,43,52,274 equity shares, according to data available on the stock exchanges. The Initial Public Offering of Lohia Corp Limited was subscribed 7...

FatakPay Unveils Next Phase of Growth as India's Financial Super App, Onboards Vaani Kapoor as Brand Ambassador

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FatakPay's integrated brand campaign begins its Financial Super App journey, introducing a new brand narrative backed by a comprehensive 360-degree ATL, BTL and digital rollout.   Mumbai, 29 July 2026: FatakPay today announced the next phase of its growth journey with its evolution into a Financial Super App, marking a strategic expansion beyond instant credit into a broader ecosystem of financial solutions. As part of this transformation, the company has launched its largest integrated brand campaign to date and onboarded actor Vaani Kapoor as its brand ambassador to bring the new positioning to life.   Conceived as a year-long integrated campaign, the initiative will unfold through multiple chapters that progressively introduce consumers to FatakPay's expanding financial ecosystem. The campaign begins with a strategic focus on higher-ticket personal loans of up to ₹5 lakh for India's aspirational middle class, with subsequent chapters expanding the brand story as FatakPa...

MV Electrosystems Limited Raises ₹ 130.50 Crore from Anchor Investors

Mumbai, July 29, 2026: MV Electrosystems, which is a technology-driven company engaged in the design, development, assembly and manufacturing of electrical & power electronics equipment used in railway rolling stock, has garnered ₹ 130.50 Crore from anchor investors ahead of its initial public offering that opens for public subscription on Thursday, July 30, 2026.   The company informed the bourses that it allocated 30,70,587 Equity Shares at ₹ 425 per Equity Share of face value ₹ 5 each to anchor investors.   Some of the marquee institutions that participated in the anchor include Kotak Mutual Fund (through three different schemes), Founders Collective Fund, 360 ONE LVF Treasury Solutions Fund, 360 ONE Prime Limited, Subhkam Ventures, Shine Star Build Cap, Ashika India Select fund, Ashika Global Finance, Finavenue Growth Fund, Tattvam Aanjay Ageless AIF, VentureX Fund and Meru Investment Fund.   Out of the total allocation of 30,70,587 Equity Shares to the anchor...

Manipal Health to add 483 licenced beds through brownfield and 1,943 licenced beds through greenfield projects by 2030

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Manipal Health is committed to driving growth by capitalizing on opportunities within its existing network and expanding its footprint through both brownfield and greenfield projects. It seeks to maintain and strengthen its leadership in its key regions of Karnataka, Maharashtra and Goa, and eastern India (particularly West Bengal), while increasing its presence in regions such as Delhi NCR, central India, and eastern India (particularly Ranchi, Jharkhand, and Bhubaneswar, Odisha). Through its brownfield expansion plans, the company expects to add approximately 483 licensed beds across existing hospitals by 2030. Brownfield projects benefit from operating leverage at established facilities and generally achieve faster break-even and require lower capital expenditure than greenfield projects. It is carrying out these expansions with the aim of strengthening our position in our existing markets.  Its greenfield expansion plan is anchored in markets where it already operates such as K...

LIC OF INDIA HANDS OVER DIVIDEND CHEQUE TO GOVERNMENT OF INDIA

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National, 29 th July, 2026: Shri R. Doraiswamy, CEO & MD, LIC of India, today presented the Dividend cheque of ₹ 12,207.25 Crore to Honourable Union Minister of Finance and Corporate Affairs Smt. Nirmala Sitharaman, as the Government of India’s share of Dividend, approved by the Shareholders in the Annual General Meeting held on 27 th July, 2026.   Shri Sanjay Lohiya, Secretary, Dept. of Financial Services, Ministry of Finance, Govt. of India was present along with the officials from Life Insurance Corporation of India, Shri Ratnakar Patnaik, MD, Shri R. Chander, MD and Shri N.S. Raghava, ZM (I/C), Northern Zone.   LIC is completing 70 glorious years since its incorporation and as at 31.03.2026 has an asset base of ₹ 59.03 Lakh Crore.  It continues to be the market leader in the Indian Life Insurance market.   Dated at Mumbai on 29 th July, 2026   For Further Information please contact: Executive Director (CC) LIC of India, Central Office, Mumbai. Email ...

Croma opens new store at Sky-City Mall, Borivali

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Croma now has 54 stores across the Mumbai Metropolitan Region (MMR)   Mumbai, 28 July 2026: Croma, India's trusted omni-channel electronics retailer from the Tata Group, has announced the opening of its new store at Skycity Mall, Borivali further strengthening its retail presence and bringing its omni-channel experience closer to customers in Mumbai. With this launch, Croma now has 54 stores across the Mumbai Metropolitan Region (MMR), taking its Maharashtra store count to 105, reinforcing the brand's continued expansion across one of its key markets. Located at Unit No. F-27 & F-28, 1st Floor, Sky City Mall, Borivali, Mumbai the store spans 7,075 sq. ft. and is situated in a well-connected premium retail destination, offering convenient access to customers across Borivali and neighbouring areas. It offers a wide range of consumer electronics and appliances across key categories such as large appliances, smartphones and home technology solutions, supported by attractive lau...

GOVINDA: A Tale of Faith, A thematic dance production comes to Mumbai

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  A 12- year- old, Dubai based, Bharatanatyam artiste Neetara Nair to present an original dance production at Gokul Saraswati Auditorium ARTMOS is delighted to present Govinda: A Tale of Faith, an original Bharatanatyam dance production featuring the young and accomplished artiste Neetara Nair. Conceived, choreographed and directed by acclaimed Bharatanatyam artiste Puja Unni, the production will be presented at Gokul Saraswati Auditorium, Mumbai on Friday, 31 July 2026. About Govinda Govinda: A Tale of Faith is a contemplative and immersive dance production that journeys through devotion, longing, self-realisation and surrender. Structured across five chapters—Longing, Calling, Realisation, Journey and Surrender—the work explores the inner world of a young seeker whose innocent curiosity gradually transforms into a profound spiritual quest. Moving beyond the conventional margam format, Govinda unfolds through an entirely original musical score, weaving together rhythm, expressive ...

MV Electrosystems Limited Initial Public Offering to Open on Thursday, July 30, 2026, Price Band set at Rs. 400 – Rs. 425 Per Equity Share

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(L-R) Mr. Mohit Vohra, Non Executive Director; Mr. Pankaj Rastogi, Managing Director and Mr. Ajay Kumar, CFO of MV Electrosystems Limited’s addressing to the media at their IPO Price Band announcement, Mumbai. Price band of Rs. 400 – Rs. 425 per Equity Share bearing face value of Rs. 5 each (“Equity Shares”) Bid/Issue Opening Date – Thursday, July 30, 2026 and Bid/Issue Closing Date – Monday, August 03, 2026 Anchor Bidding Date is Wednesday, July 29, 2026 Minimum Bid Lot is 34 Equity Shares and in multiples of 34 Equity Shares thereafter Mumbai, July 27, 2026: MV Electrosystems Limited (“Company”) has fixed the price band of Rs. 400/- to Rs. 425/- per Equity Share of face value Rs. 5/- each for its initial public offer. The Initial Public Offering (“IPO” or “Issue”) of the Company will open on Thursday, July 30, 2026, for subscription and will close on Monday, August 03, 2026. Investors can bid for a minimum of 34 Equity Shares and in multiples of 34 Equity Shares thereafter. Equity Sh...

Caliber Mining and Logistics Makes Strong Market Debut, Shares List at 19% Premium on BSE

Stock reached a high of Rs 538.75 on NSE and Rs 538.15 on BSE   Mumbai, July 24, 2026: Caliber Mining and Logistics Limited’s shares list at Rs 504 on the BSE, at a premium of 18.8%. The scrip reached a high of Rs 538.75 on the NSE, and Rs 538.15 on the BSE. The scrip closed at Rs 528.5 on the BSE, a rise of 24.6% from the IPO price. As per NSE, the total quantity traded stood at 231.56 lakh shares, on BSE the total Quantity stood at 21.63 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 1,265 crore. The Market Capitalisation of the company at today’s closing price stood at Rs 3,455.1 crore as per BSE and Rs 3,420.79 crore as per NSE. The company had offered a nearly Rs 450 crore issue for subscription. This offer was subscribed nearly 146.6 times, and the Retail Portion and Non-Institutional Portion were subscribed 41.15 times and 267.36 times respectively.  The Qualified Institutional Investors (QIB) portion was subscribed 240.7 times. Company Information Incorpor...

Temasek-backed Manipal Health Enterprises Ltd's Initial Public Offering to Open on Wednesday, July 29, 2026, Price Band set at ₹560 – ₹590 Per Equity Share

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Price band of ₹560 – ₹590 per Equity Share bearing face value of ₹2 each ("Equity Shares") Bid/Offer Opening Date – Wednesday, July 29, 2026 and Bid/Offer Closing Date, Friday, July 31, 2026 Minimum Bid Lot is 25 Equity Shares and in multiples of 25 Equity Shares thereafter Mumbai, July 24, 2026: Manipal Health Enterprises Limited has fixed the price band of ₹560/- to ₹590/- per Equity Share of face value ₹2/- each for its initial public offer. The Initial Public Offering ("IPO" or "Offer") of the Company will open on Wednesday, July 29, 2026, for subscription and close on Friday, July 31, 2026. Investors can bid for a minimum of 25 Equity Shares and in multiples of 25 Equity Shares thereafter. Equity shares outstanding as on date 1,179,757,321 Equity Shares of ₹2 each. The IPO is a fresh issue of up to Rs 8,000 crore, and an offer-for-sale of up to 21,613,834 equity shares by promoters - Imperius Healthcare Investments Pte. Ltd, and Manipal Education and ...

Intellius Recode Limited receives SEBI observations for its proposed IPO

*Link* : https://www.sebi.gov.in/filings/processing-status/jul-2026/processing-status-issues_96940.html  Intellius Recode Limited, a next generation technology solutions provider has received observations from SEBI for its proposed IPO. The company had filed its draft papers with the market regulator on March 27, 2026. The offer comprises of a fresh issue Rs.117 Cr and an offer for sale of upto 12,90,000 Equity Shares. The face value of each equity share is ₹ 10. The company proposes to utilize the net proceeds towards funding cost for development of Digital Workers, Payment of sub-contracting fees for development of Digital Workers for the Company, and General corporate purposes. The company offers a comprehensive suite of AI-led digital transformation solutions across two core verticals- technology consulting and its proprietary “Digital Worker” products. Its services span end-to-end enterprise needs including application development, cloud, data & analytics, cybersecurity, a...

Bank of India’s Q1 FY27 Net Profit rises 36.23% YoY to ₹3,068 crore

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Mumbai, 24 th July 2026: Bank of India announced its financial results for the quarter ended June 30, 2026. The Bank’s net profit increased by 36.23% YoY to ₹3,068 crore in Q1 FY27. Return on Assets and Return on Equity improved to 1.01% and 16.12%, respectively.   Bank’s Operating Profit for Q1 FY27 grew to ₹ 5,051 crore with a growth of 25.99%.   Bank’s Global Business Mix registered a growth of 16.57% YoY from ₹15,06,142 Cr in Jun’25 to ₹17,55,699 Cr in Jun’26. Global Deposits increased by 14.90% YoY from ₹8,33,698 Cr in Jun’25 to ₹9,57,924 Cr in Jun’26. Global Advances increased by 18.64% YoY from ₹6,72,444 Cr in Jun’25 to ₹7,97,775 Cr in Jun’26 . Overseas Deposits increased by 7.73% YOY to ₹1,32,961 Cr and Overseas Advances increased by 15.67% YOY to ₹1,23,942 Cr in Jun’26 .   RAM Advances increased by 19.75 % YoY from ₹ 3,28,048 Cr in Jun’25 to ₹3,92,833 Cr in Jun’26, constituting 58.30% of domestic Gross Advances in Jun’26. Retail Credit increased by ...

Virat Karrna & Nabha Natesh Starrer Nagabandham All Set to Make Its Global* *Streaming Debut on

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Prime Video This July Directed by Abhishek Nama, and produced by Kishore Annapureddy and Nishitha under the banner of NIK Studios, the mythological fantasy adventure stars Virat Karrna, Nabha Natesh, Iswarya Menon, Jagapathi Babu, Murli Sharma, Mahesh Manjrekar, and Rishabh Sawhney in key roles  Prime members in India and over 240 countries and territories worldwide can stream Nagabandham in Telugu, with dubs in Tamil, Malayalam, and Kannada, from July 24, 2026  *MUMBAI, India—July 23, 2026:* Prime Video, India’s most-loved entertainment destination, today announced the exclusive global streaming premiere of Nagabandham, an epic mythological fantasy adventure that brings together ancient legends, sacred mysteries, and a thrilling treasure hunt unlike any other.  Directed by Abhishek Nama, and produced by Kishore Annapureddy and Nishitha Nagireddy under the banner of NIK Studios, the film is brought to life by Virat Karrna in the lead, along with Nabha Natesh, Iswarya Meno...

XELIX Unveils India’s First Curated Network of Certified Dermatologists and Aesthetic Experts at FAHA Medical Conference

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L to R: Dr. Amitoj Garg, Dr. Jatin K , Dr. Jerryl Banait, Dr. Rahul Sawakhande, Dr. Syed Nazim, Dr.VS Rathore and Dr. Vijay Nagdev at Xelix launch, FAHA Conference ~A first-of-its-kind platform connecting patients with verified dermatologist-led skin, hair and aesthetic care across India~ Mumbai, 23rd July 2026:  Mumbai-based Aakaar Medical Technologies Ltd., a company listed on the NSE Emerge platform is a leading provider of technologies and solutions for cosmetic dermatology and medical aesthetics, today announced the launch of XELIX, a first-of-its-kind national platform that connects patients with qualified dermatologists and aesthetic experts across India. Developed to improve access to safe, ethical and evidence-based dermatology and aesthetic care, XELIX enables patients to discover, verify with qualified specialists through a curated network of dermatologist-led clinics across the country.   The platform was unveiled at the FAHA Dermatology Conference in the presence ...

Lohia Corp Limited's IPO Subscribed 39% on Day 1 of IPO

Issue closes on Monday, July 27, 2026, for bidding   Mumbai, July 23, 2026: The Initial Public Offering of Lohia Corp Limited was subscribed 0.39 times on the first day of bidding, demonstrating strong demand from retail and Qualified Institutional Buyers (QIB) for this IPO. The issue received bids of 56,42,665 equity shares against the offered 1,43,52,274 equity shares, according to data available on the stock exchanges. Retail Portion and Non-institutional portion were subscribed 0.66 times and 0.15 times respectively. Qualified Institutional Buyers (QIB) was subscribed 0.43 times whereas the employee reserved portion was subscribed 0.26 times. The issue kicked off for subscription on Thursday, July 23, 2026, and will close for subscription on Monday, July 27, 2026. A day before the opening of the issue, Lohia Corp Limited had raised Rs 492.1 crore from anchor investors. Equirus Capital Limited and Motilal Oswal Investment Advisors Limited are the book-running lead managers, and...