Searched for
MAGMA FUNDING
In volatile times: 5 stocks with score improvement and upside potential of up to 24%There are reasons to expect more volatility in the short term. The Street will adjust to the likely decline of both the top and bottom line...- Magma raises $3 million led by GVFL; Capria Ventures, others also contributedIn a significant boost to its ambitions, Magma, an innovative player in the industrial solutions sector, has announced it has secured $3 mi...
- B2B industrial solutions provider Magma raises $5 million from Capria Ventures, othersMagma, a B2B industrial solutions provider, has raised $5 million in a round led by Capria Ventures, with participation from General Cataly...
- Sebi fines Abhijit Pawar Rs 10 lakhs for alleged insider tradingA preliminary examination by Sebi revealed that Magma had made an announcement on February 10, 2021 on stock exchanges regarding the acquis...
- B2B manufacturing startup Magma raises $3.3 million in funding led by General CatalystUnicorn startup founders, including Varun Alagh of Mamaearth, Aayush Phumbhra of Chegg, and Srinivas Anumolu, as well as existing investors...
- CCI clears Magma HDI stake sale to MS, ICICI Venture and Poonawalla GroupMagma HDI had in March announced a deal worth Rs 525 crore, including a primary capital raise of Rs 250 crore, involving funds managed by I...
- NSE-BSE bulk deals: True North Fund sells stake in Magma FincorpKuwait Investment Authority bought 1.79 million shares of Magma Fincorp at Rs 111 apiece through a bulk deal on the BSE.
- NBFCs increasingly tapping retail investorsMagma Fincorp plans to raise up to Rs 500 crore by offering coupon at 10.25% to 10.75% for various tenors per annum.
- NBFCs tap retail NCDs to diversify borrowingBanks have tightened their lending to NBFCs and investors have become wary on investing in NBFCs.
- PE firm KKR logs out of Magma with 2X returnsKKR Mauritius Direct Investments and Zend Mauritius and sold a large chunk of around 10 per cent during QIP this year.
- Magma Fincorp raises Rs 500 crore fresh equity, KKR partially exitsKKR, which was the largest shareholder in Magma with 16% interest, sold 10% to local MFs.
- HDI to exit JV with Magma after a five-year marriageMagma HDI General Insurance offers a wide range of products from health to travel to motor insurance.
- Magma Fincorp plans to raise Rs 750 crore
- Magma Fincorp raises Rs 500 crore from a clutch of investorsThe company will issue 4.63 crore equity shares at a price of Rs 108 per share (face value of Rs 2 and a premium of Rs 106).
- Buy Magma Fincorp Ltd with a target of Rs 142: Ashwani GujralMagma Fincorp Ltd is a 'BUY' call with a target of Rs 142 and a stop loss of Rs 125.
- Magma Fincorp's Q3 FY13 earnings better than expectedMagma Fincorp's performance in the quarter ended December was better than expected driven by robust growth, healthy margins and stable asse...
- Magma Fincorp acquires GE's India home loan businessThe non-banking finance co signed definitive agreements to acquire GE Money Housing Finance and the entire home equity loan portfolios of G...
- CARE upgrades Magma Fincorp’s ratingFor bank facilities, the rating has been upgraded to AA + from AA, that for subordinated debt has also been upgraded AA from AA -.
- Magma Fincorp's focus on high-yield loans segment may pay offAuto financing NBFC Magma Fincorp posted a marginal fall in net profit by 6% in the June quarter. The management's strategy to reduce its d...
- HDI-Gerling of Germany in 3-way JV for non-lifeGermany's HDI-Gerling International has entered into a three-way partnership with India’s Magma Fincorp and Celica Developers to set up a n...
Load More
