Sebi
Sebi warns investors against fraudulent communications in its name. 5 ways to bust scam
Sebi has warned investors against scammers impersonating its officials and demanding payments using fake letterheads, seals, and emails. The regulator clarified that genuine orders and payments are only routed through its official website and emails ending with @sebi.gov.in, urging investors to stay vigilant. The market regulator has suggested 5 ways to identify the impersonation bid.
Govt seeks applications for position of Sebi Whole-Time Director
The Centre has initiated the application process for a whole-time director at SEBI, as Ananth Narayan's term concludes next month. The appointment is for five years or until the age of 65, with an application deadline of October 6. Narayan's tenure included significant orders and policy changes, while the government is yet to fill another whole-time member vacancy.
US trading firm Jane Street files case against Sebi
Jane Street is challenging SEBI in court, alleging the regulator withheld crucial documents related to market manipulation accusations. This follows SEBI's earlier ban on Jane Street for allegedly profiting from derivatives trading, a ban temporarily lifted after the firm deposited alleged unlawful gains. The core dispute centers on whether Jane Street's trading activities constituted legitimate hedging or manipulative practices.
Jane Street blindsides Sebi in fight over India trades
Jane Street has appealed against the Securities and Exchange Board of India's (SEBI) order regarding market manipulation. The US firm claims it was denied access to crucial documents. Jane Street also argues that SEBI's surveillance department previously found no evidence of manipulation. The appeal has increased tensions between Jane Street and SEBI. It also raises questions about SEBI's internal processes.
Sebi to impose fresh intraday derivative position limits from October 1
Sebi has introduced a new framework to monitor intraday positions in index options, effective October 1. The rules cap net and gross intraday exposure, mandate random compliance checks, and impose expiry-day penalties to curb aggressive bets while balancing liquidity and institutional participation in the derivatives market.
U-Turn! Jane Street now moves SAT against Sebi
Jane Street has appealed to the Securities Appellate Tribunal (SAT) against Sebi, alleging denial of crucial documents used to indict it for derivatives market manipulation. The firm claims Sebi withheld correspondence clearing them earlier, violating natural justice principles. Jane Street seeks document disclosure to defend itself, questioning Sebi's shift in stance and transparency.
Sebi ramped up Jane Street probe due to inadequate data, continued complaints: Reports
India's markets regulator launched a formal investigation into Jane Street's trading practices even though its surveillance department had recommended otherwise, due to continued complaints from market participants, two sources with direct knowledge of the matter said.
How will Sebi's new intraday limits impact equity index derivatives?
Sebi is tightening intraday position limits in equity index derivatives starting October 1, aiming to curb volatility and potential market manipulation, especially on expiry days. The new framework sets a ₹5,000 crore intraday net futures-equivalent position limit in index options, down from the existing ₹1,500 crore end-of-day cap.
Compliance with insider trading rules moral responsibility: Sebi chief
Sebi chief Tuhin Kanta Pandey emphasized that banks' management holds a moral responsibility for insider trading compliance, urging stronger internal controls. His remarks follow Sebi's action against IndusInd Bank's former CEO and executives for alleged insider trading related to accounting discrepancies. Sebi places responsibility on the board of directors, MDs, and compliance officers to ensure compliance with PIT regulations.
Sebi may ease FPI entry with ‘automatic window’ to boost capital inflows
Sebi plans to ease Foreign Portfolio Investors entry into India. The regulator will consider an automatic window for simplified registration. This move aims to boost ease of business amid ongoing equity exits. The automatic window will cover 70% of registered FPIs. Sebi will also review quota for domestic insurance firms in IPO anchor books.
Turtlemint Fintech Solutions files confidential DRHP with SEBI
Turtlemint, an insurtech firm, has submitted IPO papers to Sebi. The company will use the confidential pre-filing route. ICICI Securities and Jefferies India are among the lead bankers. Dhirendra Mahyavanshi and Anand Prabhudesai founded Turtlemint in 2015. The platform simplifies insurance policy purchase. Turtlemint has sold 1.6 crore policies. Several other firms have also opted for confidential filings recently.
Sebi's cybersecurity framework to ease burden, say experts
Vikas Garg, partner, Deloitte India, said Sebi's enhanced cyber rules substantially improve market security. However, this is overwhelming for smaller firms, and they may face considerable challenges due to increased costs and technical demands.
Invesco Mutual Fund gets Sebi nod for 60% stake transfer to IIHL
Invesco Mutual Fund has received market regulator Sebi approval to transfer a controlling 60 per cent stake to IndusInd International Holdings Ltd (IIHL), according to sources.
Injeti Srinivas likely to be appointed NSE chairman
NSE is poised to appoint Injeti Srinivas, former IFSCA chairman, as its new chairman, pending Sebi's approval, filling a two-year vacancy. Srinivas, already a public interest director on the NSE board, brings extensive experience, including his role in implementing the IBC. This move occurs as NSE prepares for its IPO and strengthens its board structure.
Urban Company, Boat get Sebi nod for IPO
Urban Company has received Sebi’s approval for its Rs 1,900 crore IPO, following its April filing. The on-demand home services platform was recently named Startup of the Year at the ET Startup Awards 2025. Gurugram-based wearables brand Boat has also secured regulatory clearance for its IPO through Sebi’s confidential filing route.
NSE, BSE impose fine on MTNL over non-compliance with Sebi rules
Mahanagar Telephone Nigam Ltd (MTNL) faces penalties from the NSE and BSE, totaling ₹13.46 lakh, for failing to meet SEBI's board composition norms. The non-compliance includes the absence of a woman director and issues with audit, nomination, remuneration, stakeholder relationship, and risk management committees.
Hy-Tech Engineers files draft red herring prospectus for IPO with SEBI
Hy-Tech Engineers is preparing to launch its IPO. The company has filed its draft prospectus with SEBI. The IPO includes a fresh issue of shares up to Rs 70 crore. Promoters will also offer 1,19,33,120 equity shares for sale. The company plans to use the funds for expansion and debt repayment. The shares will be listed on BSE and NSE.
Eldorado Agritech files DRHP with Sebi for Rs 1,000 crore IPO
Eldorado Agritech, maker of Srikar Seeds, has filed draft papers with SEBI to raise Rs 1,000 crore through an IPO. The issue includes a Rs 340 crore fresh issue and Rs 660 crore OFS. Proceeds will largely repay debt, with strong R&D, crop portfolio, and robust FY25 financial performance supporting growth.
Supreet Chemicals files draft papers with Sebi to raise Rs 499-cr via IPO
Supreet Chemicals Limited is planning to launch an IPO. The company has filed documents with the market regulator, Sebi. The goal is to raise Rs 499 crore. The funds will support a new greenfield project and reduce debt. A portion of the funds may come from a pre-IPO placement. The company is based in Gujarat and specializes in chemical intermediates.
IndiaBonds, Upstox join hands to offer bond investments to retail investors
IndiaBonds, a Sebi-registered broker and licensed online bond platform provider, on Tuesday said it has entered into a strategic alliance with Upstox to enable retail investors to avail a wide range of bond investments on the brokerage platform.
PhysicsWallah files updated papers for Rs 3,820 crore IPO, Alakh Pandey, Prateek Maheshwari to pare stake
PhysicsWallah (PW) has filed its updated draft red herring prospectus (UDRHP) with Sebi, aiming to raise Rs 3,820 crore through a mix of fresh issue (Rs 3,100 crore) and an offer-for-sale by its cofounders Alakh Pandey and Prateek Maheshwari (Rs 3,600 crore each).
Knack Packaging IPO: Company files DRHP with Sebi, to raise Rs 475 crore from fresh issue
Knack Packaging has filed its DRHP with Sebi to raise Rs 475 crore via a fresh equity issue, along with an OFS of 70 lakh shares. Proceeds of Rs 435 crore will fund a new manufacturing facility in Gujarat. Systematix, IDBI, and Pantomath are lead managers.
13 companies receive Sebi nod for IPOs including Urban Company, Boat
SEBI has given the green light to 13 companies, including Urban Company and Boat's parent company, Imagine Marketing, to proceed with their IPOs. Urban Company's issue is worth Rs 1,900 crore, while Juniper Green Energy plans to raise Rs 3,000 crore through a fresh issue. Jain Resource Recycling's IPO will include both a fresh issue and an offer for sale.
Bandhan AMC receives SEBI approval to launch Specialised Investment Funds, unveils Arudha SIF platform
Bandhan Mutual Fund has received SEBI approval to launch Specialised Investment Funds (SIF) under the Arudha SIF platform. The initiative enables innovative equity, debt, and hybrid strategies for sophisticated investors, expanding options beyond mutual funds. Bandhan AMC aims to meet evolving investor needs with differentiated risk-return offerings and broaden wealth creation avenues.
UKB Electronics files DRHP with SEBI for Rs 800 crore IPO
UKB Electronics, a top Indian EMS provider, plans to launch an IPO. The company aims to raise Rs 800 crore. This includes a fresh issue and an offer for sale. Funds will be used to reduce debt and expand facilities. UKB serves various sectors and exports to 17 countries. The shares will be listed on BSE and NSE.
Sebi clarifies on cybersecurity and cyber resilience framework
SEBI has clarified that its cybersecurity framework applies only to systems exclusively used for regulated activities, accepting RBI-equivalent compliance. Critical systems are defined broadly, encompassing core operations and client-facing applications. Zero-trust principles are encouraged, while mobile app guidelines are recommendatory. The regulator also revised thresholds for regulated entities, categorizing Portfolio Managers by AUM and Merchant Bankers based on activity.
CMR Green Technologies files draft papers; seeks Sebi's clearance to float IPO
CMR Green Technologies Ltd, non-ferrous metal recycler, has filed preliminary papers with markets regulator Sebi seeking its approval to raise funds through an initial public offering (IPO).
Supreet Chemicals files Rs 499 crore IPO with SEBI
Supreet Chemicals, based in Gujarat, plans to launch an IPO. The specialty chemical intermediates manufacturer has filed its draft prospectus with SEBI. The IPO aims to raise ₹499 crore through a fresh issue of shares. The company intends to use the funds to establish a new manufacturing facility. Part of the proceeds will also be used to repay existing loans.
Shivalaya Construction files draft papers with Sebi; seeks to raise Rs 450 cr via fresh issue
Shivalaya Construction has filed preliminary papers with markets regulator Sebi for raising funds through an initial public offering to pare its debt.
From boAt to Urban Company: Sebi approves 13 IPOs in a week as markets brace for listing deluge
Sebi has cleared 13 IPOs in a week, including Urban Company’s ₹1,900 crore issue. The IPO will raise ₹429 crore via fresh shares and ₹1,471 crore through an OFS by investors such as Accel, Elevation, Tiger Global, and Vy Capital, down from the earlier planned ₹3,000 crore.
Radhakishan Damani, Ramesh Damani, Madhu Kela, Zerodha, Groww line up to invest crores in NCDEX
NCDEX raised Rs 770 crore from star investors like Radhakishan Damani, Madhusudhan Kela, Sunil Singhania, Groww, and Zerodha after Sebi’s nod for equities. It plans to launch equity trading in 2026, competing with NSE and BSE.
$7 billion profit! Wall Street trader who milked crores from India turned Trump tariffs into a fortune
Jane Street posted Q2 2025 profits of $6.9 billion on revenues of $10.1 billion, fueled by Trump’s tariff-driven market volatility, outpacing major US banks.
Lot of disclosures to stock exchanges 'probably leaves a lot for imagination': Sebi official
Sebi official Rajesh Dangeti highlighted concerns about the quality of disclosures made by companies to stock exchanges, suggesting they often lack clarity and substance. He emphasized the need for frequent, fair, and easily understandable information for investors. Dangeti also questioned whether the current quarterly disclosure frequency for certain information could be reduced, given advancements in technology and depository mechanisms.
View: Look before you make that CEO leap
Recent CEO scandals at companies like Nestle and Astronomer highlight the critical importance of thorough vetting by boards. India Inc faces unique challenges due to dynastic ownership and informal governance, making Sebi's relaxed related-party transaction rules a risky move. Boards must prioritize external vetting, digital dives, and network deconstruction to avoid leadership crises and protect minority shareholders.
LG Electronics set to launch Rs 15,000 crore IPO in India this October
LG Electronics is set to launch its Indian arm's IPO in October, aiming to raise ₹15,000 crore. The offering, approved by Sebi, involves selling 15% of the local unit. This move follows a postponement due to market volatility and seeks to capitalize on the current bullish primary market momentum, making it potentially the largest IPO of 2025.
KFin Technologies resolves RTA rule violation case with Sebi for Rs 88 lakh
KFin Technologies paid Rs 87.7 lakh to Sebi to settle a case over alleged lapses in RTA regulations during dematerialization of shares. Sebi’s committee approved the settlement, closing adjudication proceedings. Shares slipped 5%, extending 2025 underperformance.
BSE's stellar 3,710% run meets Sebi roadblock. Should you buy or stay away?
BSE shares, up 3,710% in five years, face investor caution as SEBI reviews changes in the derivatives segment that could hit trading volumes and revenues.
BSE and NSE's combined average daily turnover in cash market slides 32% YoY in July
India’s equity markets corrected in July with combined BSE and NSE cash market turnover falling 32% year-on-year. Weak Q1 earnings, Trump tariffs, and foreign capital flight weighed, even as Sebi emphasized deepening cash markets and balancing F&O activity.
FDs fuel plastic dreams; PhysicsWallah revises DRHP
Happy Monday! Banks and fintechs launch low-limit secured credit cards to grow users. This and more in today's ETtech Morning Dispatch.
SM REITs: Minimum investment, benefits, risks, challenges, other factors to know about Small and Medium Real Estate Investment Trusts before investing
SEBI has introduced Small and Medium Real Estate Investment Trusts (SM REITs), targeting properties valued between Rs.50 crore and Rs.500 crore. This initiative aims to broaden investor access to real estate by enabling fractional ownership through regulated schemes. These investment instruments allow multiple investors to pool funds and co-own property, lowering the barrier for entry. SM REITs require a minimum investment of Rs 10 lakh.
Smartworks leases over a million sq ft across four cities
Smartworks Coworking Spaces Limited expands its footprint. The company has leased over a million square feet across Kolkata, Bengaluru, Mumbai, and Pune. Its portfolio reaches 10.08 million square feet. The Supreme Court dismisses a civil appeal against Smartworks. The court warns the NGO for misleading with fabricated documents. SAT reaffirms SEBI's review confirming Smartworks' documents are in order.
Giving sanskar, not stock tips: Bollywood-styled trading guru Avadhut Sathe under Sebi scanner
Avadhut Sathe’s trading academy is under Sebi scrutiny after raids over alleged penny stock promotions. While ASTA insists it offers training, not tips, regulators are tightening oversight of financial influencers. Sathe, known for Bollywood-style teaching, faces a test of credibility amid rising retail participation and stricter compliance.
CBI court accepts closure note in NSE co-location linked case
A CBI court in Delhi accepted a closure report in the NSE co-location scam case. The CBI had filed a case against Chitra Ramkrishna, Ravi Narain, Sanjay Pandey, and some brokerage houses. The agency cited insufficient evidence of criminal intent. It alleged violations of SEBI's audit circulars by Pandey's firm, iSec Services.
Fully cooperating with Sebi, says Avadhut Sathe Trading Academy amid charges of misleading investors
Avadhut Sathe Trading Academy, which is facing Sebi scrutiny over allegations of misleading investors with stock tips disguised as education, on Tuesday said it is fully cooperating with the regulator and remains committed to providing any additional information or assistance sought.
NSE appoints former IFSCA chairman Injeti Srinivas as Public Interest Director
The National Stock Exchange (NSE) has appointed Injeti Srinivas, former chairman of the International Financial Services Centres Authority (IFSCA), as a Public Interest Director on its board.
Explained: What is Mutual Fund - Voluntary Retirement Account scheme by AMFI and how is it similar to US 401(k)
India is preparing for a significant increase in its elderly population. Association of Mutual Funds in India (AMFI) introduces Mutual Fund-Voluntary Retirement Account (MF-VRA). This scheme is inspired by the U.S. 401(k) plan. It offers voluntary participation and employer-sponsored options. Mutual funds will manage it with tax incentives and flexibility.
Zerodha’s MTF gains 5% market share in 8 months; traders still in the green: Nithin Kamath
Zerodha has captured 5% market share in the margin trading facility (MTF) segment since launching in December 2024. CEO Nithin Kamath noted that all traders’ net P&L under MTF remains positive, highlighting its rapid adoption and growth.
Zerodha hit by technical glitch, users face login & price update issues
Zerodha Down News: India's leading retail brokerage, experienced a technical glitch on Wednesday morning, causing price updates to freeze on its app. Users flocked to social media to report the issue, though order placement remained unaffected. Zerodha advised clients to use the Kite web platform as a temporary workaround.
Oyo changes corporate entity name to Prism
Oravel Stays, parent of Oyo, has rebranded as Prism to reflect its global portfolio across hotels, vacation homes, and coworking spaces. Preparing for a third IPO attempt, the firm is targeting a $6–7 billion valuation. The company reported profits in FY24 and FY25 after earlier losses, despite a slight dip in operational revenue in FY24.
BSE proposes pre-open trading session for F&O from December 8
BSE is planning to introduce a pre-open session for index and stock futures in equity derivatives starting December 8, 2025, following Sebi's directives to enhance trading convenience and risk monitoring. The exchange will utilise existing message structures from the equity segment, with testing available from October 6.
More trouble at IndusInd Bank, ex-CFO seeks removal of board chairman
In a letter to the Prime Minister dated August 26, a copy reviewed by ET, former CFO of IndusInd Bank claimed that he uncovered serious issues in treasury operations that had persisted for more than a decade. Jain said he was the only executive to detect the lapses and had fought a “lone battle” to highlight them.
Why your returns from your mutual fund investment are different from the MF’s returns shown in the factsheet, on online platforms
Saurabh Sharma's anxiety over mutual fund NAV dips and mismatched returns highlights a common investor concern. Understanding the difference between standardised fund performance and individual investment returns is crucial. Investors should evaluate fund performance against its peers over longer periods to determine if staying invested is beneficial, rather than focusing on short-term volatility.
Sebi crackdown on finfluencers: Avadhut Sathe says only provides training
Sebi searched the premises of Avadhut Sathe, a Mumbai-based financial influencer. Sathe confirmed the search and stated he only provides trading training. He denied offering investment tips. Sebi is cracking down on finfluencers giving investment advice. A report suggested Sathe made illegal earnings. He urged his students to ignore media reports. He assured that his sessions will continue as planned.
IPO-bound Oyo to consider 1:1 bonus issue; unlisted shares rise 25% in 1 month
Oravel Stays Ltd (Oyo), gearing up for its IPO, has revealed that its board will deliberate on issuing bonus shares at a ratio of 1:1. This announcement comes as the company's unlisted shares have experienced a significant surge of 25% over the last month. Shareholders recorded by September 30, 2025, will qualify for these bonus shares.
Sunil Singhania’s Abakkus receives Sebi nod to start mutual fund business
Abakkus Asset Manager, led by Sunil Singhania, has received SEBI’s final approval to launch “Abakkus Mutual Fund.” Known for its alpha-driven PMS and AIFs managing Rs 37,900 crore, the firm will introduce actively managed equity schemes, later expanding to debt and hybrid products, aiming to democratize wealth creation across India.
MCA likely to simplify process for transfer of unclaimed shares
The corporate affairs ministry plans to simplify documentation for transferring unclaimed shares and dividends to investors through the IEPFA. A panel's report suggests reforms for claims up to ₹5 lakh for physical securities, ₹15 lakh for dematerialized securities, and ₹10,000 for dividends. This initiative aims to reduce timelines, improve transparency, and provide hassle-free services to investors.
AMFI proposes Mutual Fund-Voluntary Retirement Account scheme, similar to US 401(k) plan
The Association of Mutual Funds in India (AMFI) has proposed the Mutual Fund- Voluntary Retirement Account (MF-VRA) scheme, which aims to provide a voluntary, employer-linked retirement product managed by mutual funds, similar to the US 401(k) plan.
LEAP India files DRHP with Sebi for Rs 2,400 crore IPO
LEAP India plans to launch an IPO to raise Rs 2,400 crore. The IPO includes a fresh issue and an offer for sale. The company will use the funds to repay debt and for working capital. Vertical Holdings and KIA EBT Scheme are selling shareholders. The IPO also includes an employee reservation portion.
Sebi extends deadline for brokers to file net worth certificate for margin trading
Securities and Exchange Board of India has provided stock brokers with more time. They can now submit their net worth certificates. This extension aims to ease compliance. The new deadlines are November 15 and May 31. Earlier deadlines were October 31 and April 30. Stock exchanges will update their rules.
NCDEX unlisted shares rocket 14% as Radhakishan Damani, Madhu Kela, Zerodha, Groww commit crores
NCDEX unlisted shares surged 14.5% to Rs 475 after raising Rs 770 crore from top investors, including Radhakishan Damani, Zerodha, and Groww, ahead of its 2026 equity segment launch. The funding supports expansion into cash equities and derivatives, leveraging its rural commodities network amid rising competition.
AMFI announces appointment of new Chairman and Vice Chairman
AMFI has appointed Sundeep Sikka as its new Chairman and Vishal Kapoor as Vice Chairman, effective immediately. The leadership change follows the tenure of outgoing Chairman Navneet Munot and Vice Chairman Anthony Heredia, as the industry body continues its work on investor protection and mutual fund growth.
Urban Company, Boat IPOs; India's first semiconductor chip
Urban Company, Boat get IPO nods, this and more in today's ETtech Top 5
RBI panel on financial stability reviews US tariff impact, financial inclusion efforts
The Financial Stability and Development Council convened to address potential economic challenges arising from US tariffs and geopolitical tensions. Discussions centered on simplifying KYC procedures and advancing financial inclusion initiatives outlined in the National Strategy for Financial Inclusion 2025-30. The council emphasized coordinated regulatory efforts to bolster financial sector resilience and closely monitor emerging risks.
Ahmedabad-based Chartered Speed files DRHP for Rs 855 crore IPO
Ahmedabad-based Chartered Speed plans to raise Rs 855 crore through an IPO, comprising a fresh issue and offer for sale by promoters. The company will use proceeds for electric bus purchases, debt repayment, and general corporate purposes. With over 2,000 buses, it has shown strong revenue growth and profitability, and is focused on green mobility initiatives.
SC judge Chandran recuses from hearing plea seeking probe into Viceroy Research's allegations against Vedanta
Justice K Vinod Chandran withdrew from hearing a case on Monday. The case involved allegations against Anil Agarwal's mining company. US short seller Viceroy Research claimed the company was financially unstable. Advocate Shakti Bhatia filed the plea. He alleged undisclosed related-party transactions. Viceroy's report had accused the conglomerate of posing risks to creditors.
Vikram Solar shares zoom 7% after securing 336 MW module supply order from L&T
Vikram Solar's shares are set to gain attention following a significant 336 MW high-efficiency solar module order from Larsen & Toubro Construction. The modules, utilizing advanced Hypersol G12R N-type technology, will be deployed in Gujarat's Khavda Renewable Energy Park. This project is expected to improve efficiency and reduce the cost of solar energy.
RBI clears reappointment of former Deputy Governor R Gandhi as Yes Bank chairman
Yes Bank announced that the Reserve Bank of India (RBI) has approved the reappointment of R Gandhi, former RBI Deputy Governor, as the part-time non-executive chairman. His term will extend from September 20, 2025, to May 13, 2027. Gandhi, a seasoned central banker with 37 years of experience, previously served as RBI Deputy Governor from 2014 to 2017.
Best large cap mutual funds to invest in September 2025
According to the Sebi mandate, the large cap mutual funds are mandated to invest in top 100 companies by market capitalisation. Large companies fare better in a volatile market as these companies may be market leaders and resilient to downturns. That is why if you are looking for a relatively safer mutual fund category, you should consider investing in large cap funds.
Online investment platform Groww receives Sebi nod to launch IPO
The IPO size is estimated to be in the range of $800 million to $1 billion. Groww’s equity shares would have a face value of Rs 2 each and will be listed on both the NSE and the BSE. The filing for IPO was made under Billionbrains Garage Ventures Ltd, Groww’s registered corporate entity.
Best large & mid cap funds to invest in September 2025
According to mutual fund advisors, these schemes will evolve over a long period. There will be schemes that will be inclined towards large cap stocks and some schemes will be leaning toward mid cap stocks. This will make it easier for investors to choose the schemes based on their risk tolerance.
IDBI Bank shares jump 2% as Sebi approves LIC reclassification as a public shareholder
IDBI Bank's shares surged following SEBI's approval to reclassify LIC as a public shareholder after the government's divestment. LIC's voting rights will be capped at 10%, and it won't participate in management. This reclassification aligns with the ongoing divestment, where the government and LIC plan to sell a combined 60.72% stake.
GMDC shares rally over 35% in September, hit fresh 52-week high intraday. What’s behind the surge?
GMDC shares surged 35.5% in September, hitting a 52-week high on strong volumes, rare earth mining optimism, and government support. Despite weaker Q1 earnings, multibagger returns, zero debt, and strategic diversification keep investors bullish, though brokerages caution over high valuations and slow lignite ramp-up.
Ardee Engineering gets final nod from SEBI for Rs 580 crore IPO
Ardee Engineering gets SEBI approval to raise Rs 580 crore via IPO, including Rs 500 crore fresh issue and Rs 80 crore promoter offer. Proceeds will fund new manufacturing units, debt repayment, and corporate purposes. The company, serving multiple sectors, reported FY24 revenue of Rs 620 crore and PAT of Rs 29 crore.
Race for investment in JP Power ahead of parent auction today
Adani Power, Kotak Alternate Assets, Vedanta, and Oaktree are vying for JP Power's ₹3,800 crore CCPS, potentially gaining a 25% stake and triggering an open offer for a controlling share. This move could give the winning bidder an edge in acquiring parent company Jaiprakash Associates, which is up for auction with a base price of ₹12,000 crore.
Tata Steel shares jump 3% to hit fresh 52-week high on strong sector tailwinds, brokerage optimism
Tata Steel shares surged to their 52-week high on Monday, banking on strong sector tailwinds, including India’s extended safeguard duty, China’s production curbs, and positive brokerage views. Morgan Stanley upgraded the stock to Overweight with a Rs 200 target, citing favourable demand and pricing trends.
Sebi clears LIC’s reclassification as public shareholder in IDBI Bank amid divestment plan
Sebi has approved LIC’s reclassification as a public shareholder in IDBI Bank, subject to conditions like capping voting rights at 10% and reducing its stake to 15% within two years. The move follows the strategic disinvestment plan, with IDBI reporting 17% YoY net profit growth in Q1 FY26.
Sebi issues advisory on social media entities touting FPI/FII market access; flags 5 misleading claims
Sebi issued an advisory cautioning investors against fraudulent claims on social media, WhatsApp, and Telegram about stock market access via FPIs or FIIs. The regulator urged verifying registrations and using only Sebi-approved intermediaries for safe investments.
Japan's SoftBank sells 2.15% stake in Ola Electric, cuts holding to 15.68%
SoftBank Group has divested a 2.15% stake in Ola Electric over nearly two months, reducing its holding to 15.68%. Despite this sale, Ola Electric shares experienced a recent surge, fueled by government incentives and PLI scheme approval. However, a GST cut on traditional two-wheelers and SoftBank's stake sale led to a 7% drop in share price.
NSDL in focus as 8 million shares up for trade on 1-month lock-in expiry today
NSDL shares are in focus as 4% of its equity, valued at approximately USD 107 million, exits a one-month lock-in period. This event, along with similar lock-in expirations for Sri Lotus Developers and M&B Engineering, could lead to increased market volatility. NSDL has shown strong post-listing performance, potentially prompting profit-booking by early investors.
Yes Bank shares jump 2% following CCI’s approval for SMBC stake acquisition
Yes Bank's shares experienced a 2% surge following the Competition Commission of India's (CCI) approval for Sumitomo Mitsui Banking Corporation's (SMBC) proposed stake acquisition. SMBC will acquire the stake through a secondary purchase from State Bank of India and seven other Indian banks. The completion of the transaction is still subject to customary closing conditions.
Time-based analysis signals Sept 10 as high-momentum date, Harshubh Shah
After a sharp 2% fall in the previous week, the markets staged a strong comeback. The rebound was supported by better-than-expected GDP data and the GST Council’s move to simplify the tax structure into dual slabs of 5% and 18%, which lifted investor sentiment.
REITs, InvITs AUM crosses Rs 9 lakh cr in 9yrs; may touch Rs 25 lakh cr by 2030: Industry bodies
Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) instruments are becoming popular in India as their combined assets under management have crossed Rs 9 lakh crore in the last nine years, according to industry bodies IRA and BIA.
Stock Radar: Krishna Institute of Medical Sciences stock hit record highs in July; upside intact despite marginal dip
Krishna Institute of Medical Sciences stock is showing promising signs. After a profit-taking decline from record highs, experts suggest a buying opportunity. The stock found support above key moving averages. Previous resistance levels are now acting as support. Analysts predict a potential target of Rs 870 in the coming months.
Best mid cap mutual funds to invest in September 2025
As per Sebi norms, the mid cap mutual funds are mandated to invest in companies that are between 101 and 250 in the market capitalisation. These companies can be leaders of tomorrow. That’s what makes them great bets. If these companies live up to the promise, the market will reward the investors handsomely.
NSE’s expiry day shift marks historic change: First Tuesday expiry set to open
The National Stock Exchange of India (NSE) is set to shift all futures and options (F&O) contracts expiry day from Thursday to Tuesday, effective September 1, 2025. This transition marks a significant change after 25 years of Thursday expiries, potentially reshaping trading dynamics and redistributing activity between NSE and BSE.
Sattva Engineering shares to debut today. Check GMP ahead of debut
Chennai's Sattva Engineering Construction is set for its SME debut today, following a highly successful IPO that was oversubscribed 198 times. The Rs 35.38 crore IPO, priced at Rs 75 per share, saw significant interest across all investor categories, particularly from non-institutional investors.
Sebi approves boAt parent’s IPO; firm eyes $1.5 billion valuation
The Warburg Pincus-backed firm is targeting a valuation of $1.5 billion, according to local media reports.
REITs or SM REITs, where should you invest to gain from real estate returns?
REITs make real estate investing more accessible for smaller investors and allows them to diversify their portfolio with skyscrapers, shopping malls, or apartments. Following the success of REITs, SEBI introduced a regulatory framework for small and medium REITs in March 2024.
TCS shares in focus after €550 million digital transformation deal with Tryg
TCS shares: TCS inks €550 mn, 7-year deal with Scandinavia’s Tryg to drive digital transformation across Denmark, Sweden and Norway.
Eternal shares rise 2% as Zomato hikes platform fee to Rs 12 ahead of festive season
Zomato's parent company, Eternal, saw shares rise by 2% after increasing its platform fee to Rs 12, mirroring a similar move by competitor Swiggy ahead of the festive season's expected surge in demand. While Zomato's profits declined YoY, revenue increased. Swiggy's losses doubled due to investments in its Instamart vertical.
Best small cap mutual funds to invest in September 2025
According to the Sebi mandate, small cap schemes must invest in companies that are ranked below 250 in terms of market capitalisation. These schemes also will have to invest at least 65% in small cap stocks. Small companies go through many ups and downs - more than the established companies in the large and mid cap segments.
Snehaa Organics IPO allotent likely today. Here’s how to check status
Sneha Organics's Rs 33 crore IPO share allotment is expected soon. Investors can check their status on Skyline Financial Services' website. The IPO opened on August 29 and closed on September 2, with decent subscription. Refunds for non-allottees start September 4. Shares will be credited on the same date. The stock will list on NSE SME on September 5.
D-St plans on Jio's mind, likely tariff hike may boost valuation: Analysts
Reliance Industries is planning to list Jio Platforms by 2026. This move may lead to a 15% tariff increase in the telecom sector. Analysts predict Jio's valuation could rise beyond $133 billion. The IPO will offer exits to early investors. Sebi's new rule benefits Jio's listing. Reliance aims to leverage GenAI, using new energy and Nvidia chips.
Austere Systems IPO opens today with 8% GMP. Check issue size, price band and other details
Austere Systems, an IT company, launches its IPO on Wednesday. The IPO aims to raise Rs 15.57 crore. It has already generated significant interest in the grey market. The IPO will remain open until September 8. Allotment is expected the following day. Listing on the BSE SME platform is tentatively scheduled for September 11.
Current Infraprojects shares list at 90% premium over IPO price on NSE SME platform
Current Infraprojects shares debuted at Rs 152 on NSE SME, a 90% premium. The IPO was subscribed 379 times, attracting bids worth over Rs 13,295 crore. Retail portion saw 396.5 times subscription. The company will use IPO funds for solar projects and working capital. Current Infraprojects operates in infrastructure and renewable energy. It reported total income of Rs 91.
Oyo's board approves IPO plan
Hospitality chain Oyo, backed by a board including industry veterans, is preparing for a fresh IPO filing after two previous attempts were withdrawn. The new filing will highlight improved financial performance, with the company reporting approximately Rs 1,100 crore in EBITDA for FY25. Oyo anticipates further growth, projecting a profit after tax of Rs 1,100 crore in FY26.
Quant Mutual Fund tilts portfolio towards largecaps, auto and FMCG; increases silver in multi‑asset fund
Quant Mutual Fund is focusing on large-cap stocks. It is increasing investments in auto and FMCG sectors. The fund house is also raising silver exposure in its multi-asset fund. Sandeep Tandon led Quant Mutual Fund is positive on infrastructure, hotels, pharma, consumption and telecom sectors. SEBI has approved Quant Mutual Fund's Specialized Investment Fund.
Special court accepts CBI closure report in NSE co-location 'scam'-linked case
A special court has accepted a closure report filed by the CBI in an offshoot of the NSE co-location scam case involving a company founded by Mumbai's former police commissioner Sanjay Pandey for auditing of two stock brokers, officials said Tuesday.
Sebi proposes changes to block deal framework to enhance market transparency
SEBI has proposed modifications to the block deal framework, setting the minimum order size at ₹25 crore. The regulator mandates that all block deal trades must result in delivery, prohibiting squaring off or reversals. Stock exchanges are required to disseminate key information about block deals, including scrip name, client details, quantity, and price, to the public after market hours.
