Hello traders and investors — In this video, we discuss about Four stocks that is likely make possible contributions in the market.
Tuesday 26 June 2018
Tuesday 6 March 2018
Bandhan Bank gets regulator’s Nod For Rs 2500 Cr IPO
Bandhan Bank Limited, an Indian
banking & financial services company headquartered in Kolkata, on Monday filed
the draft red herring prospects (DRHP) with
market regular Sebi, for its proposed IPO
of up to 119,280,494 equity shares of face value of Rs 10/- each.
As per the DRHP, the Bandhan Bank's IPO
comprises a fresh issue of up to 97,663,910
equity shares and offer for sale (OFS) of
up to 14,050,780 shares by International Finance Corpn (IFC) and up to 7,565,804
shares by IFC FIG Investment Company, the Bank said in a statement.
The equity shares are expected to be
listed on the NSE and the BSE. The IPO is considered to be the biggest banking
sector offer till date.
Kotak Mahindra Capital Co Ltd, JM
Financial Institutional Securities Ltd, Goldman Sachs(India) Securities Pvt
Ltd, Axis Capital Ltd and JP Morgan(India) Pvt Ltd are the book-running lead
managers to the public Offer.
Stock Tips and Updates
Stock Tips and Updates
Thursday 22 February 2018
MCX raises maximum compensation limit to Rs.25 lakh from IPF
MCX (Multi Commodity Exchange of
India) on Thursday announced the enhancement of maximum compensation that could
be availed by investors to Rs. 25.00 lakhs from the existing Rs.2.00 lakhs per
claim.
MCX has established and maintained an
Investor Protection Fund viz. Multi Commodity Exchange Investor (Client)
Protection Fund (MCX IPF), with the aim of compensating investors in the event
of defaulters' assets not being adequate to meet the legitimate claims of
investors.
MCX also promotes investor awareness
and education to increase literacy, participation in the commodity derivatives
market and utilized for such other purpose as prescribed by the Sebi.
The maximum amount of compensation
available against a single claim of an investor arising out of default of a
member of exchange is presently Rs. 2.00 besides the maximum available
compensation being Rs.2.00 crore per defaulter member.
In today’s, NSE Closing hours, shares
of Multi Commodity Exchange of India Ltd was traded at Rs. 744.75 down by 2.14%
at Rs.744.75 as compared to the previous close of Rs. 761.00. The stock hit an
intraday high and low of Rs. 759.40 and 741.15
Labels:
Commodity market,
commodity tips,
Mcx,
Stock Investment,
Stock Tips,
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