Business Samachar

IPO: Highways to High Returns? Cube Highways @ 151-152 Posted by Niilesh waghela  Mumbai: Cube Highways Trust on Wednesday fixed the price band at ₹151-152 per unit for its ₹5,000 crore public Infrastructure Investment Trust (InvIT) issue, which will open for subscription on July 22. The public issue will close on July 24, while the anchor investor bidding date has been fixed for July 21, according to a public announcement. The issue is a 100 per cent book-built Offer for Sale (OFS) of units aggregating ₹5,000 crore by existing unitholders as the trust transitions from a privately listed InvIT to a publicly listed InvIT. Ahead of the issue, the trust secured ₹1,250 crore from strategic investors through unit subscription agreements executed on July 13. The strategic investor portion is included in the overall issue size. Under the agreements, strategic investors will subscribe to 8.22 crore units at the allocation price of ₹152 per unit, aggregating ₹1,250 crore, subject to the ter...

નવી ફંડ ઓફર 31 ઓક્ટોબરે ખુલશે અને 14 નવેમ્બરેના બંધ થશે Posted by Niilesh waghela  Mumbai: જાહેર ક્ષેત્રના પ્રતિષ્ઠિત ફંડ હાઉસ એલઆઈસી મ્યુચ્યુઅલ ફંડ તેના થીમેટિક ફંડ એલઆઈસી એમએફ કન્ઝમ્પશન ફંડ સાથે મૂડીબજારમાં આવી રહ્યું છે, જે કન્ઝમ્પશન થીમને અનુસરતી ઓપન-એન્ડેડ ઇક્વિટી સ્કીમ છે. આ નવી ફંડ ઓફર 31 ઓક્ટોબરે ખુલશે અને 14 નવેમ્બરના રોજ બંધ થશે. આ યોજના 25 નવેમ્બરના રોજ ફરી ખુલશે. આ યોજનાનો બેન્ચમાર્ક નિફ્ટી ઇન્ડિયા કન્ઝમ્પશન ટોટલ રિટર્ન ઇન્ડેક્સ છે. આ યોજનાનો ઉદ્દેશ્ય વપરાશ અને વપરાશ-સંબંધિત ક્ષેત્રો અથવા સંલગ્ન ક્ષેત્રોમાં રોકાયેલી કંપનીઓના ઇક્વિટી અને ઇક્વિટી-સંબંધિત સિક્યોરિટીઝના સક્રિય રીતે સંચાલિત પોર્ટફોલિયોમાંથી લાંબા ગાળાની મૂડી પ્રશંસા પ્રદાન કરવાનો છે.  આ ફંડનો ઉદ્દેશ્ય તેની કુલ સંપત્તિના 80-100% હિસ્સો સ્થાનિક વપરાશ આધારિત માંગનો લાભ મેળવવા માટે તૈયાર કંપનીઓની ઇક્વિટી અને ઇક્વિટી સંબંધિત સિક્યોરિટીઝમાં ફાળવવાનો છે. ફંડ મેનેજર પ્રાથમિક વપરાશ થીમની બહાર તેની સંપત્તિના 20% સુધી રોકાણ કરવાનો વિવેક જાળવી રાખે છે. વધુમાં, યોજના બજાર મૂડીકરણમાં રોકાણ કરશે. જો કે, યોજનાનો રોકાણ ...

The Wealth Company MF Pioneers NFO Launch on ONDC Network Posted by Niilesh waghela  Mumbai: The Wealth Company Mutual Fund has become the first fund house to launch a New Fund Offer (NFO) on the Open Network for Digital Commerce (ONDC) platform.  The fund house will launch a flexi cap fund NFO on the ONDC network in partnership with Cybrilla Technologies. This innovative approach aims to increase access to mutual funds in tier-2 and tier-3 cities, promoting financial inclusion and democratizing wealth creation.  The ONDC framework reduces costs by providing mutual fund schemes from all fund houses on a single platform, connecting various apps and platforms. Key Highlights: First Fund House: The Wealth Company MF is the first fund house to launch an NFO on the ONDC network. Increased Accessibility: The partnership aims to make mutual fund investments more accessible, especially in underserved tier-2 and tier-3 cities. ONDC Growth: The ONDC network has processed over 2,80...

Capri Global Capital Launches ₹4 Billion NCD Public Issue Posted by Niilesh waghela  Mumbai: - Capri Global Capital Limited, a leading non-banking financial company (NBFC), has announced a public issue of secured, rated, listed, and redeemable non-convertible debentures (NCDs) worth up to ₹4,000 million.  The issue, which opens on September 30, 2025, and closes on October 14, 2025, offers investors an effective yield of up to 9.69% per annum for Series VI NCDs. The NCDs have been rated 'IVR AA/Positive' by Infomerics Valuation and Rating Limited and 'ACUITE AA/Stable' by Acuite Ratings & Research Limited, indicating a high level of creditworthiness.  The debentures will be traded in dematerialized form and listed on BSE Limited. Key Highlights of the Issue: Face Value: ₹1,000 per NCD Coupon Rates: 8.55% to 9.70% per annum Tenors: 18 months, 36 months, 60 months, and 120 months Interest Payment Options: Monthly and annual Allotment Basis: First-come-first-served basi...

Manzil Majlis: Bridging Indian Private Capital with Dubai’s Strategic Opportunities Posted by Niilesh waghela  Mumbai: Manzil Asset Management hosted the exclusive Manzil Majlis summit, a first-of-its-kind private UAE investment event, at The Bay Club in Bandra-Kurla Complex (BKC), Mumbai. This high-profile gathering brought together top Indian investors, global advisors, and senior UAE stakeholders for an impactful evening focused on UAE real estate and cross-border migration strategies. The summit featured over 250 carefully curated attendees, including High Net Worth Individuals (HNIs), Ultra High Net Worth Individuals (UHNIs), family offices, entrepreneurs, Venture Capitalists (VCs), Private Equity (PE) firms, and wealth managers. These participants were drawn to the event's promise of delivering valuable insights into UAE investment opportunities and strategic frameworks for navigating cross-border investments. Expert Insights from Renowned Speakers The summit boasted an impre...

આ દિગ્ગજ કંપનીઓએ ઇન્વેસ્ટર્સને નિરાશ કર્યા, જાણી લો નામ! P OSTED BY  NILESH WAGHELA  મુંબઈ:  એક તરફ, ભારતીય શેરબજારે તાજેતરના ભૂતકાળમાં નવી ઊંચાઈઓને સ્પર્શી છે અને એવા ઘણા શેર્સ છે જે જૂના તમામ રેકોર્ડ તોડીને નવી ઓલ ટાઈમ હાઈએ પહોંચ્યા છે. પરંતુ કેટલીક મોટી કંપનીઓના શેર પણ છે, જે છેલ્લા 3 વર્ષમાં તેજીની દોડ છતાં નિષ્ક્રિય પડેલા છે. જેમાં ટેક મહિન્દ્રા (Tech Mahindra) , (PVR) અને Tata Steel સહિત અનેક મોટા નામ સામેલ છે. આવા 10 શેરો પર એક નજર નાખો, જે આ સમયગાળા દરમિયાન જ્યાં છે ત્યાં પડ્યા છે... LTI Mindtree Share: છેલ્લા 3 વર્ષમાં તેમાં માત્ર 10 ટકાનો વધારો થયો છે. બજારમાં તોફાની ઉછાળો છતાં આ શેરે તેના રોકાણકારોને પણ નિરાશ કર્યા છે. જો છેલ્લા એક વર્ષની વાત કરીએ તો સેન્સેક્સ 82000 ના સ્તરને પાર કરી ગયો છે અને નિફ્ટી પણ 25000 ને પાર કરી ગયો છે. જો આ સ્ટૉક વિશે વાત કરીએ તો આ સમયગાળા દરમિયાન તે માત્ર 3.81 ટકા વધ્યો છે. બુધવારે આ રૂ. 1.60 લાખ કરોડની કંપનીના શેર રૂ. 5,391 પર ટ્રેડ થઈ રહ્યા હતા. Bajaj Finserve Share: બજાજ ગ્રૂપની અન્ય કંપની બજાજ ફિનસર્વ વિશે વાત કરીએ તો, તેણે છેલ્લ...

  JSW Group plans to disrupt the way Education is delivered in India JSW Group establishes Museum of Solutions in Mumbai The MuSo, as it is known, is located at Victoria House in the Kamala Mills compound at Lower Parel. MUMBAI: JSW Group has invested ₹210 crore in setting up Museum of Solutions, a one-of-its-kind initiative designed as an experiential children’s   museum   to champion the art of finding solutions. Depending on the response, the Group plans to open similar MuSo across the country. Based in  Mumbai ’s bustling commercial hub Lower Parel, it features seven floors of exhibitions, activities, engagements, and learning experiences for children from 3 years. The building spans 1 lakh square feet MuSo’s innovative approach to education through hands-on exploration and playful learning methods promises a fun and enriching experience for every child and their family. MuSo is offering 50 per cent subsidised tickets at $400 to 600 per student. Through partnersh...

FII investment jumps six times Institutional investments in alternatives cross USD2.0Bn in 5 years  foreign investments rise 6X since 2019 ·         Share of alternatives in total investments rose from 3% in 2019, to 18% in 2022 ·         Foreign investments accounted for 78% of the total investments in the sector ·         Data centers received USD1Bn of inflows since 2019, 51% of total investments in alternatives Mumbai:  Alternative assets in India received cumulative investments of about USD2.0Bn during the last 4-5 years (2019-H1 2023), led by foreign investors. Foreign investments accounted for 78% of the total investments in the segment, as investors continued to seek newer markets and newer avenues segments to diversify their asset portfolio while enhancing risk adjusted returns. Institutional investors who were primarily focused on core asset classes have been buil...

  Amazon to invest an additional $15 bn in India over the next 7 years This will take Amazon's total India investment across all businesses to $26 billion POSTED BY NILESH WAGHELA Mumbai: Amazon is upping its investment in India by committing an additional $15 billion in the country over the next 7 years. This will take Amazon's total India investment across all businesses to $26 billion. The announcement came as Amazon CEO Andy Jassy met Indian Prime Minister Narendra Modi in the US. In a tweet, Jassy said, “Discussed Amazon’s commitment to invest $26B in India by 2030; working together we will support startups, create jobs, enable exports, and empower individuals and small businesses to compete globally.” According to the Amazon.in blog post, Amazon has pledged to digitise 10 million small businesses, enable $20 billion in exports, and create 2 million jobs in India by 2025. Currently, Amazon India has already digitised over 6.2 million small businesses, enabled over $7 billi...

What analyst says on Investment in Gold  Posted by: Shivam kumar Mumbai: Gold prices have been given strong returns since 2019. Prices were at 31000rs per 10grms which have now touched 60000rs giving nearly 100% returns in the last 4yrs, which accounts to compounding of 25% which is far beyond par levels of 15% in major asset classes.  It has also been surpassing major volatile events like trade war since 2019, covid19, Russia Ukraine war, such geopolitical tensions have given a lot more infusion into Gold prices rising higher.  Currently we are in financial banking crises after SVB Credit Suisse alike which will continue to support Gold strongly this year in 2023. Investors should definitely keep strong allocation to Gold. Any hike in line with 25 basis point or lower along with non visible or hawkish speech will be strongly positive for Gold and levels of 2040-2050 in Comex and 61500 odd will be seen in coming days. On the flip side any higher hike than 25 basis with ha...