Fractal Analytics crossed its IPO price for the first time since listing as the stock rallied 8% in two sessions, even as retail ownership ...

SBI Life Insurance shares dipped 3% after reporting a 1% net profit decline in Q4 FY26, despite a 16% rise in net premium income. Brokerage...

Powerica Ltd secured Rs 329.40 crore from anchor investors. The company's Rs 1,100-crore IPO opens for subscription on March 24. Funds will...

National Securities Depository plans to raise funds through an offer for sale. The depository's IPO valuation is lower than Central Deposit...

"We have seen a shift toward the pure protection products as compared to the return of premium policies," said SBI Life recently. "Now 57% ...

An investment banker with 18 years of experience, Ghogre joined Nomura to head the equity capital markets business in June 2016. Under his ...

Inviting bids from merchant bankers, the DIPAM said the potential size of the IPO is expected to be far larger than any precedent in Indian...

Earlier on June 11, SBI Life had informed that the promoter SBI had set the floor price for the OFS.

SBI also said that its board will consider raising up to $1.5 billion by issuing bonds.

The bank aims to grow loan book after it merged its associate banks last year.

SBI will raise up to Rs 3,465 crore by offloading up to 4.5 per cent stake in SBI Life.

The OFS was subscribed 3.81 times by institutional investors on Day 1 of the bidding process on Tuesday.

The stock is trading at a 13 per cent discount from its peak post the listing.

The sale price of the OFS shares has been fixed at Rs 650 a piece.

In October 2017, SBI Life listed after a maiden initial public offer at Rs 700 per share.

The time of the IPO will in the next financial year and maybe towards September but much of it will depend upon the stock market, says Khar...

Insurance regulator, IRDA, said it has given first-stage approval to SBI for its general insurance venture. SBI has tied-up with Insurance ...