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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...