Check out Akme Fintrade IPO details here Akme Fintrade Ltd, established in 1996, is a non-banking financial company (NBFC) registered with the Reserve Bank of India. It specializes in providing lending solutions tailored to the unique needs of rural and semi-urban regions in India. The company’s product portfolio includes vehicle finance and business finance, focusing on small business owners. With over two decades of experience, Akme Fintrade has established a significant presence in high-growth markets, emphasizing operational efficiency and customer acquisition. The company operates in Rajasthan, Maharashtra, Madhya Pradesh, and Gujarat, with a corporate office in Mumbai and a registered…

Allied Blenders IPO: Key Dates, GMP, IPO Lot Size, and More Allied Blenders And Distillers Limited (ABDL) ranks as the third-largest spirits company in India. It stands out as the sole spirits company in the country to have launched two millionaire brands within the last five years (2018-2022), namely Sterling Reserve Whisky and ICONiQ White Whisky, bringing its total millionaire brands to four. The company is led by Mr. Kishore Chhabria, a prominent figure in the Indian alcohol and beverage sector. ABDL operates across various brands, covering a broad spectrum within the spirits market. Its premier brand, Officer’s Choice, stands…

Akme Fintrade IPO: Check out GMP, allotment updates, and more About Akme Fintrade India Ltd. Akme Fintrade India Ltd. is a non-banking financial company (NBFC) that has been providing financial services since its incorporation in 1996. Registered with the Reserve Bank of India, it operates as a non-systemically important non-deposit-taking entity. The company specializes in offering lending solutions tailored to the needs of rural and semi-urban populations in India, focusing on vehicle finance and business finance products for small business owners. With over two decades of experience in the lending sector, Akme Fintrade has established a significant presence in its…

Stanley Lifestyles IPO opens today: Check out its key dates, GMP, and more IPO News: Stanley Lifestyles is one of India’s few home-grown super-premium and luxury consumer brands. It’s recognized as the fourth largest player in the home furniture segment in India based on revenue in FY23. Stanley Lifestyles is set to launch its initial public offering (IPO) on Friday, 21 June, 2024, with the goal of raising a total of Rs 537.02 crores. This offering includes a new issue of 0.54 crore shares valued at Rs 200.00 crores, along with an offer for sale of 0.91 crore shares valued…

Allied Blenders and Distillers Sets IPO Price Range at ₹267-281 per Share About Allied Blenders and Distillers Allied Blenders and Distillers, headquartered in Mumbai, is India’s largest independent spirits company. Renowned for its flagship brand, Officer’s Choice Whisky, it’s the third-largest-selling whisky globally. With a robust pan-India network, ABD also exports to 22 countries, marking a significant presence in the IMFL sector. IPO News: Allied Blenders and Distillers Limited has revealed its Initial Public Offering (IPO) with a price range of ₹267 to ₹281 per share, each having a nominal value of ₹2. The subscription window for Allied Blenders and…

Ethereum Cleared: SEC Ends Investigation, ConsenSys Celebrates Victory In a significant ruling that has caused waves throughout the cryptocurrency community, the U.S. Securities and Exchange Commission (SEC) has formally concluded its inquiry into Ethereum, marking a significant victory for the blockchain technology and its creator, ConsenSys. For years, the SEC’s scrutiny over Ethereum has loomed like a dark cloud, with the potential classification of Ether as a security threatening to upend the ecosystem. However, ConsenSys recently announced that the SEC’s Enforcement Division has notified them of the closure of its investigation into Ethereum 2.0. This move effectively ends the debate…

Bluestone’s Pre-IPO Funding: Peak XV and Steadview Capital to Contribute IPO News: Bluestone, an omnichannel jewelry brand, is negotiating a ₹830 Cr ($100 Mn) investment from Think Investments, Peak XV Partners, and Steadview Capital. Bluestone’s pre-IPO funding round, Bluestone plans a mix of share sales by early investors and new capital infusion, valuing the retailer at around ₹7,500 Cr ($900 Mn) pre-money, according to ET. Peak XV is expected to invest ₹415 Cr ($50 Mn). The Bluestone’s pre-IPO funding round includes primary and secondary transactions, with potential participation from family offices via special purpose vehicles, expected to close soon. This…

Navigate towards Medicamen Organics IPO key dates, price band, GMP, and much more Medicamen, founded in 1995, boasts over thirty years of expertise in the pharmaceutical manufacturing sector. It specializes in producing various forms of pharmaceutical dosage, including Tablets, Capsules, Oral Liquids, and Ointments. Two plants certified by the WHO-GMP support Medicamen’s operations. Medicamen has partnerships with numerous local and global entities, including Morepen, Anglo-French, Elder, Bestochem, Shreya Lifesciences, Wipro, Win Medicare, Jagsonpal, Klitch Drugs, Tablet India Limited, Mission Pharma, SH Pharmaceuticals, Knoll, Healing, May & Baker, Emami, and many others, for the production of their products under both contract…

Discover the top 10 best performing cryptocurrencies of June 2024: Check out market cap, current price, and more As the world of cryptocurrency continues to expand and evolve, keeping track of the best-performing cryptocurrencies becomes increasingly important for investors and enthusiasts alike. As of June 2024, the crypto market has seen significant movements, with some digital currencies outperforming others. Here’s an overview of the top 10 best-performing cryptocurrencies of June 2024, based on market capitalization and year-over-year returns. 1.Bitcoin (BTC) Market Cap: US$1.3 trillion Year-over-Year Return: 160% Current Price: Around US$67,379.79 Bitcoin, the original cryptocurrency created by the mysterious Satoshi…

HDB Financial Services eyes IPO launch pending parental consent: Stay updated HDB Financial Services, the non-banking financial arm of HDFC Bank, is on the cusp of a significant milestone as it prepares for an Initial Public Offering (IPO) with a potential valuation ranging between US$9 billion to US$12 billion. The IPO journey, which is contingent upon approval from its parent company, HDFC Bank, is anticipated to list by September 2025. IPO News: The move to go public is part of a broader strategy to unlock value within HDFC Bank’s diverse portfolio of financial services. With a robust network of 1,492…