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SBI Funds Management Limited’s IPO Subscribed 68 Percent on Day 1 of IPO

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Non-institutional investors (NII) portion subscribed 1.39 times on Day 1 Issue closes on Thursday, July 16, 2026, for bidding   Mumbai, July 14, 2026: The Initial Public Offering of SBI Funds Management Limited was subscribed 0.68 times on the first day of bidding, demonstrating strong demand from retail, employees and non-institutional investors (NII) for this IPO. The issue received bids of 8,50,65,656 equity shares against the offered 12,45,63,536 equity shares, according to data available on the stock exchanges. The Non-Institutional Portion and Retail Portion were subscribed 1.39 times and 0.62 times, respectively. The Qualified Institutional Investors (QIB) portion was subscribed 0.08 times, while the Employee Reserved Quota was subscribed 1.02 times. The issue kicked off for subscription on Tuesday, July 14, 2026, and will close for subscription on Thursday, July 16, 2026. A day before the opening of the issue, SBI Funds Management Limited had raised nearly ₹2,663 crore fro...
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REC Limited Signs MoU with Central Power Research Institute (CPRI) to Strengthen Quality Assurance under RDSS

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Gurugram, 14th July 2026: REC Limited, a ‘Maharatna’ company under the Ministry of Power, Government of India, signed a Memorandum of Understanding (MoU) with the Central Power Research Institute (CPRI) on Tuesday at Corporate Office, Gurugram, to strengthen quality testing and assurance mechanisms for materials deployed under the Revamped Distribution Sector Scheme (RDSS). The MoU was signed by Sh. Yogendra Singh, GM & HoD of PMD Quality, REC and Sh. M.G. Anandakumar, Joint Director (BD & CBS Division), CPRI. The signing ceremony was accorded by the presence of Sh. Prince Dhawan, IAS, Executive Director (PMD), REC, Dr. Neha Adhikari, Joint Director, CPRI, and in the presence of officials from both organizations. Under the agreement, REC and CPRI will collaborate for third-party quality testing of RDSS project materials, technical support, capacity-building initiatives, and development of robust quality frameworks. The partnership will help ensure that materials used in RDSS w...
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Sotefin Bharat Limited IPO Opens on Thursday, July 16, 2026

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Total Issue Size - Up To 48,00,000 Equity Shares of ₹ 10 each IPO Size - ₹ 89.76 Crore (At Upper Price Band)  Price Band - ₹ 178 - ₹ 187 Per Share Lot Size – 600 Equity Shares (Minimum Application Size 2 Lots i.e. 1,200 Equity Shares) Mumbai, July 14, 2026 – Sotefin Bharat Limited, a Turnkey Provider of Robotic & Automated Parking Solutions, proposes to open its Initial Public Offering on Thursday, July 16, 2026 aiming to raise ₹ 89.76 Crore (At Upper Price Band), with shares to be listed on the BSE SME platform. The issue size is upto 48,00,000 equity shares with a face value of ₹ 10 each with a price band of ₹ 178 - ₹ 187 Per Share. Equity Share Allocation  QIB Anchor Portion – Upto 13,68,000 Equity Shares Net QIB Portion – Upto 9,12,000 Equity Shares   Non-Institutional Investors - Not less than 6,84,000 Equity Shares  Individual Investors - Not less than 15,96,000 Equity Shares  Market Maker - Upto 2,40,000 Equity Shares  The net proceeds from ...
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Himalaya Wellness Reimagines Hydration Skincare with the Relaunch of Its Aloe Range Through a Youthful TVC

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~The new “Say Aloe to Hydrated, Bouncy, Dewy Cheeks” campaign spotlights hydration through nature enriched with science.   National, 1 4 July 2026: Himalaya Wellness strengthens its presence in the growing hydration skincare category with the relaunch of its Aloe Vera Range. As hydration increasingly becomes central to modern skincare routines, the brand is repositioning its Aloe Vera range as a contemporary skincare essential, rooted in nature and backed by science to deliver “Hydrated, bouncy and dewy” skin. At the centre of the relaunch is a new TVC built around a playful and culturally relevant consumer behaviour the everyday cheek-to-cheek greeting among friends. Set in a fresher's party, the film uses relatability and beauty aspiration to bring alive the brand's "Say Aloe to Hydrated, Bouncy, Dewy Cheeks" message. Through a youthful storytelling approach, the campaign aims to make hydration-led skincare more conversational, social-first and relevant for Gen Z...
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Caliber Mining and Logistics Limited’s Initial Public Offering to Open on Friday, July 17, 2026, Price Band set at Rs 402 – Rs 424 per Equity Share

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đŸ‘†(L–R) Ms. Mrinali Doshi, Sr. VP Dam Capital Advisors; Mohit Chadda, CMD and Nikhil Karwa, CFO, Caliber Mining and Logistics Ltd., at the IPO press conference held in Mumbai Price band of Rs 402 - Rs 424 per Equity Share bearing face value of Rs 10 each (“Equity Shares”) Bid/Offer Opening Date - Friday, July 17, 2026, and Bid/Offer Closing Date - Tuesday, July 21, 2026. Minimum Bid Lot is 35 Equity Shares and in multiples of 35 Equity Shares thereafter Tuesday, July 14, Mumbai: Caliber Mining and Logistics Limited (Formerly known as Caliber Mercantile Private Limited) has fixed the price band of Rs 402/- to Rs 424/- per Equity Share of face value Rs 10/- each for its maiden initial public offer. The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Friday, July 17, 2026, for subscription and close on Tuesday, July 21, 2026. Investors can bid for a minimum of 35 Equity Shares and in multiples of 35 Equity Shares thereafter.  Equity shares outstanding as on date...
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Sotefin Bharat Limited IPO Opens on Thursday, July 16, 2026

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Total Issue Size - Up To 48,00,000 Equity Shares of ₹ 10 each IPO Size - ₹ 89.76 Crore (At Upper Price Band)  Price Band - ₹ 178 - ₹ 187 Per Share Lot Size – 600 Equity Shares (Minimum Application Size 2 Lots i.e. 1,200 Equity Shares) Mumbai, July 14, 2026 – Sotefin Bharat Limited, a Turnkey Provider of Robotic & Automated Parking Solutions, proposes to open its Initial Public Offering on Thursday, July 16, 2026 aiming to raise ₹ 89.76 Crore (At Upper Price Band), with shares to be listed on the BSE SME platform. The issue size is upto 48,00,000 equity shares with a face value of ₹ 10 each with a price band of ₹ 178 - ₹ 187 Per Share. Equity Share Allocation  QIB Anchor Portion – Upto 13,68,000 Equity Shares Net QIB Portion – Upto 9,12,000 Equity Shares   Non-Institutional Investors - Not less than 6,84,000 Equity Shares  Individual Investors - Not less than 15,96,000 Equity Shares  Market Maker - Upto 2,40,000 Equity Shares  The net proceeds from ...
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