Market regulator Archives

ED raids 9 locations of Rajesh Exports: Allegations of sending ₹190 crore abroad and getting 40% less gold; SEBI banned from the market

Mumbai/Bangalore32 minutes ago copy link ED i.e. Enforcement Directorate raided 9 locations in Mumbai and Bengaluru linked to jewelery manufacturing company Rajesh Exports and its promoters. According to media reports, the investigating agency took this action under FEMA i.e. Foreign Exchange Management Act. During investigation, a difference was found between the books of accounts and…

BOAT’s IPO got BEBI approval: Company can bring an issue of ₹ 2,000 crore; 12 other companies also got permission

DainikNews Live Admin11 months ago02 mins

Mumbai18 minutes ago Copy link The Security and Exchange Board of India (SEBI) has approved the Initial Public Offering of the Speaker and other electronic gadgets company boat. Market Regulator has approved IPO of a total of 13 companies including boat, urban company, Junipar Green Energy Limited. The parents’ parent company Imagine Marketing Limited filed…

SEBI approves National Securities Depository’s IPO: 6 existing shareholders of the company will sell 5.72 crore shares, this will be a complete OFS.

DainikNews Live Admin2 years ago03 mins

Mumbai1 hour ago copy link Market regulator Securities Exchange Board of India (SEBI) has approved the IPO of National Securities Depository Limited (NSDL). This initial public offer of the country’s largest depository will be completely offer for sale i.e. OFS. According to the Draft Red Herring Prospectus (DRHP), 5.72 crore shares will be sold by…

Companies are repaying promoter’s loan by raising funds from IPO: Market regulator SEBI expressed objection, many IPO applications stuck.

DainikNews Live Admin2 years ago04 mins

Mumbai38 minutes ago copy link Securities Exchange Board of India i.e. SEBI has objected to the funds raised through Initial Public Offering (IPO) being used to repay the loan of the promoter or promoter group. Market regulator SEBI has asked many companies applying for IPO to change the purpose of using their IPO funds. Besides,…