Saloni Goel

1 day ago | livemint.com | Saloni Goel

Icon Facilitators IPO allotment date is fixed as Friday, June 27. The SME IPO, which was open for subscription from June 24 to June 26, was subscribed 2.49 times. The retail portion was booked the most at 4.10 times, followed by the QIB portion at 2.18 times and the NII portion at 0.92 times. Icon Facilitators IPO allotment status: The initial public offering of Icon Facilitators concluded earlier this week, with investor focus now shifting to the allotment of the public offer.

1 day ago | livemint.com | Saloni Goel

Shares of PSU stock Bharat Heavy Electricals Limited (BHEL) will remain in focus on Monday following a ₹6,500 crore order win from Adani Power, an Adani Group company, on Friday, June 27. Shares of PSU stock Bharat Heavy Electricals Limited (BHEL) will remain in focus on Monday following a ₹6,500 crore order win from Adani Power, an Adani Group company, on Friday, June 27.

1 day ago | livemint.com | Saloni Goel

Upcoming IPOs: The primary market is abuzz with 12 initial public offers (IPOs) underway on Dalal Street, signalling a revival after a subdued trend in the initial few months of 2025. It was only in May that the IPO market saw any decent activity, following the launch of the much-awaited Ather Energy IPO towards the end of April. Since then, some 15 mainboard IPOs have already hit the primary market, with another two set to open in the first week of July.

1 day ago | livemint.com | Saloni Goel

Nithin Kamath, the CEO and founder of stockbroking platform Zerodha, warned against investing in unlisted stocks. He said that investors think they can make easy money by picking these pre-IPO companies but it's not as easy as it sounds. Low liquidity, delayed IPOs and lack of regulations are some of the key risks that investors face when they dabble in the world of unlisted shares, warned Nithin Kamath, the CEO and founder of stockbroking platform Zerodha.

1 day ago | flipboard.com | Saloni Goel

9 hours agoLawmakers remove ‘revenge’ tax provision from Trump's big bill after Treasury Department requestWASHINGTON (AP) — Congressional Republicans agreed to remove the so-called revenge tax provision from President Donald Trump’s big bill on Thursday after a request by Treasury Secretary Scott Bessent.