finance – Page 18 – THE ECONOMIC INDIA

10 Apr

Teerth Gopicon Ltd’s Rs. 44.40 crore public issue subscribed over 74 times; Receives overwhelming response

Financefinance

Ahmedabad (Gujarat) [India], April 10: The initial public offering of Ahmedabad-based Teerth Gopicon Ltd, company specializes in engineering construction and development received overwhelming response for its Rs. 44.40 crore SME IPO and got subscribed over 74.17 times. Non institutional investor category received the highest interest among investors and was subscribed over 97 times. Retail segment was subscribed 42 times. Company received bids for over 28 crore equity share aggregating total subscription amount of over Rs. 2,925 crores against the 39.99 lakh shares offered in the public issue. The public issue closed for subscription on April 10. Company’s shares will get…

08 Apr

altGraaf Crosses 3300 Plus Crore Investments Offering Alternative Fixed Income Opportunities

Financefinance

1,85,000 registered investors drive ~150% volume growth in FY24 Bengaluru (Karnataka) [India], April 8: altGraaf, an alternative fixed-income platform offering fixed-income products, today announced a milestone achievement of 3300+ crores of investments from more than 1,85,000 registered investors, crediting their success to their valuable customers, partners and clients. The 3300+ crore investments represent a 153% volume growth and 146% growth in new user addition in FY24. Through its intense focus on innovative products, good risk-adjusted returns, strong due diligence process, easy-to-use digital platform, and customer focus, the FinTech platform has processed 2700+ Crores in Repayment so far and provides investors with…

08 Apr

Teerth Gopicon plans to raise up to Rs. 44.40 crore from public issue; IPO opens April 8

Financefinance

Ahmedabad (Gujarat) [India], April 8: Ahmedabad based Teerth Gopicon Ltd, company specializes in engineering construction and development mainly focusing on roads, sewerage and water distribution projects is planning to raise up to Rs. 44.40 crore from its SME public issue. The company has received approval to launch its public issue on NSE Emerge Platform of National Stock Exchange. The public issue open for subscription on April 8 and closes on April 10. The Proceeds of the public issue will be utilised to fund company’s expansion plans including meeting working capital requirements and general corporate purposes. Interactive Financial Services Ltd is…

30 Mar

REIT: A pathbreaking trend that boost the FOP in real estate in 2024. By Shravan Gupta

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Mumbai (Maharashtra) [India], March 30: The Indian Fractional ownership is constantly growing. Real estate experts have projected steady growth for the commercial segment. People are willing to invest in commercial projects due to the bullish and thriving real estate market. The fractional ownership platform holds the potential to boost the commercial real estate sector. Shravan Gupta, MGF Group feel it will grow over 25% in 2024. It will draw more buyers in the sector making it a profitable notion for attracting potential investors. Experts suggest commercial real estate is likely to grow 10 times more in the next 5 years and has…

29 Mar

Safe trading in the currency market in India- Ahmad Qutaishat, Sales Director, VT Markets

Financefinance

New Delhi (India), March 29: In terms of trading volume, foreign exchange is possibly the largest market in the financial world. While decentralized systems and global currency networks allow a continuum of transactions and trading, they also make the market extremely volatile. However, due to the vast number of continuous transactions, the forex market is also considered the most liquid market. This is what makes it so attractive to traders. Although the rapid rise and fall in currency rates implies a higher risk of losses, they also make for better profits in bullish times. Therefore, in order to sustain profits, it is…

27 Mar

PhonePeyLoan Launches Innovative Financial Services Platform, Redefining Borrowing Experience

Financefinance

PhonePeyLoan is redefining borrowing experience with the launch of its innovative financial services platform, empowering dreams and lives of its users with instant customer loan services, so customers never have to go anywhere else. In an era defined by speed, convenience, and accessibility, the financial environment is dynamically evolving. Instant loan apps are becoming a go-to choice for those who require easy and quick financial support. Ease of use, 24/7 availability, swift access to funds, and fast disbursal attracts many people. PhonePeyLoan not only offers these benefits but also offers easy application, competitive interest, no hidden charges, minimal documentation, easy repayment, and…

26 Mar

Greenhitech Ventures Ltd gets in-principal listing approval from BSE SME

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Mumbai (Maharashtra) [India], March 26: Greenhitech Ventures Limited trades various petroleum-based products tailored to diverse industry needs, including biofuels, bitumen, and furnace oils. The company actively engages in the operation and maintenance of ethanol manufacturing in government-owned distilleries. Driven by experience in agriculture and a commitment to innovation, Greenhitech Ventures Limited positions biofuels as a sustainable alternative to traditional fossil fuels. The company, well-recognised in the Purvanchal belt of Uttar Pradesh, India, emphasises “Effective, Efficient, and Economical” principles in all its services and supplies. With a focus on staying current with evolving technologies and market trends, Greenhitech Ventures Limited provides…

23 Mar

KP Green Engineering shares list at Rs. 200, hit upper circuit to close at Rs. 210

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Film actor Suraj Pancholi named as brand ambassador of KP Green Engineering Surat (Gujarat) [India], March 23: The listing ceremony of the shares of KP Green Engineering Limited on BSE was organised in Surat on Friday, marking the first time a company has been listed in the city. KP Group CMD and Promoter Dr Faruk G Patel rang the bell to mark the listing of KP Green Engineering’s shares on BSE. The shares of KP Green Engineering listed at Rs. 200, 38% higher than the issue price of Rs. 144. The shares closed at the upper circuit of Rs. 210,…

20 Mar

Award-winning brokerage VT Markets aims to make trading easy for everyone

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The user-friendly platform from VT Markets ensures that beginners can access the most reliable tools and resources, making it easy to trade New Delhi (India) March 20: Due to the evolving dynamics and growing economy, the South Asian region is witnessing a surge in people opting to trade. The region has drawn the interest of numerous brokers, making it important for traders to find a reliable brokerage firm that can provide a user-friendly trading platform and mobile application as well as a range of trading tools and resources to make smarter trading decisions on the go. VT Markets, a global, multi-asset brokerage…

19 Mar

Unveiling the Power of a Low Brokerage Demat Account in India with Alice Blue

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Bengaluru (Karnataka) [India] March 19: In the fast-paced world of investments and trading, every rupee saved on brokerage fees holds significant value. As an investor or trader in India, you are perpetually scouting for platforms that offer cost-effective solutions without compromising quality and service. Alice Blue stands out as a pioneering force in the online trading platform arena, revolutionizing the landscape with its low brokerage Demat account offerings. Understanding the Essence of a Low Brokerage Demat Account Before delving into the specifics of Alice Blue’s offerings, it’s crucial to grasp the significance of a Low Brokerage Demat account in the Indian market.…