Latest news with #Demat
Mint
2 days ago
- Business
- Mint
Samay Project Services IPO allotment to be out soon: Here are steps to check status online and GMP
Samay Project Services IPO: The allotment for the issue, which closed for subscription on 18 June 2025, is to be out soon. Samay Project Services IPO will be listed on NSE SME with a tentative listing date fixed as Monday, June 23, 2025. Bigshare Services Pvt Ltd is the issue's registrar, while Smart Horizon Capital Advisors Private Limited is the book-running lead manager for the Samay Project Services IPO. Since Bigshare Services is the registrar for the Samay Project Services IPO, which will be listed on the NSE, investors can check allotment status either on the Bigshare Services website or the NSE website. Here are steps to check status online and GMP as the focus shifts to listing. Step 1: Go to the website of Registrar Bigshare Services Pvt Ltd to check Samay Project Services IPO allotment status by clicking the link: Step 2: Select any one of the servers Step 3: Select Samay Project Services Limited from the 'Select IPO' dropdown menu. (Note: the company name will only appear once the allotment status is out.) Step 4: Select from the selection type any of the following: application number or CAF number, Demat number, application number, beneficiary ID or PAN number Step 5: Enter the details from the option selected Step 6: Click on the search button Step 1: Head to the NSE website: Step 2: Choose the option "Details of the Equity & SME IPO Bid." Step 3: Under the selection symbol option, select "SAMAY" from the dropdown Step 4: Thereafter, enter your details, such as application number and PAN information. Samay Project Services IPO GMP (grey market premium) stands at nil. This means that the Samay Project Services shares are not commanding any premium over the issue price of ₹ 34 in the grey market, according to data from The same also indicates that the listing of Samay Project Services shares is anticipated to be near the upper range of the offer price of ₹ 34 per share, also indicating that market players are not anticipating any listing profits. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
India Today
5 days ago
- Business
- India Today
Are Bajaj Finance shares really down 90% today?
Several investors were in for a shock this morning when they logged into their Demat accounts and saw Bajaj Finance shares seemingly down by nearly 90%. But there's no cause for drop wasn't real, it was just a technical adjustment reflecting the company's recent bonus issue and stock split. In fact, Bajaj Finance shares are up 0.55% to Rs 938.50 on the Bombay Stock Exchange (BSE) around 1:15 pm. advertisementBajaj Finance has announced two shareholder-friendly moves. The first is a 4:1 bonus issue, which means investors will receive four additional shares for every one share they already own. The second is a 1:2 stock split, where each share is divided into two, effectively doubling the number of shares held put it simply, someone who originally held just one share will soon see ten shares in their account. While the share price has been adjusted to reflect this change, the total value of the investment remains the bonus shares and stock split will be credited by June 27, according to the company. Until then, some Demat accounts may show temporarily skewed figures, either in share count or holding looks like a crash is, in fact, a routine corporate action. If you're holding Bajaj Finance, all you need to do is wait for the adjustments to reflect fullyadvertisement
Time of India
5 days ago
- Business
- Time of India
Bajaj Finance shares didn't crash 90%! Here's what a stock split and bonus really mean
Investors in blue-chip Nifty stock Bajaj Finance were in for a momentary shock this morning when their demat accounts reflected a sharp 90% drop in holding value. However, the dip was simply due to the stock split and bonus issue—both of which will be credited in due course. Bajaj Finance had approved two corporate actions aimed at benefiting its shareholders. First, the company issued bonus shares in a 4:1 ratio, meaning shareholders will receive four additional shares for every one share they currently hold. Second, it announced a stock split in a 1:2 ratio, where each existing share with a face value of Rs 2 will be split into two shares with a face value of Re 1 each. So, how does it affect your investment? Bonus Issue Suppose you own 1 share of Bajaj Finance. With a 4:1 bonus issue, you receive 4 additional shares for every 1 share you hold. So: 1 (existing) × 4 = 4 bonus shares After the bonus issue, your total holding becomes: 1 + 4 = 5 shares Stock Split Next, Bajaj Finance shares underwent a 1:2 stock split, meaning each of your 5 shares will be split into 2. So: 5 × 2 = 10 shares after the split Final Outcome Your original 1 share has now become 10 shares. However, it's important to note that the total value of your investment remains unchanged initially, as the share price is adjusted proportionately to reflect the increased number of shares. Bajaj Finance has stated that the bonus issue and stock split process will be completed by June 27. Once this is done, your updated shareholding will be reflected in your Demat account. So, if you currently hold 1 share, you'll see 10 shares in your account when you log in on June 27. Also read: YES Bank shares in focus after Moody's upgrades rating to Ba2, outlook revised to stable ( Disclaimer : Recommendations, suggestions, views, and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Mint
13-06-2025
- Business
- Mint
Jainik Power and Cables IPO allotment to be out soon: Here are Steps to check status online and GMP
Jainik Power and Cables IPO: The allotment for the issue that saw subscription period end on 12 June 2025, is to be out soon: The proposed listing date for Jainik Power and Cables' initial public offering (IPO) on the NSE SME is set for Tuesday, June 17, 2025. The Jainik Power and Cables IPO's book-running lead manager is Fast Track Finsec Pvt Ltd while the issue's registrar is Skyline Financial Services Private Ltd. Rikhav Securities Limited is the market maker for the IPO of Jainik Power and Cables. Since the Jainik Power and Cables shares are to be listed on the NSE and the issue's registrar is Skyline Financial Services Private Ltd, investors can check allotment status on Skyline Financial Services website or the NSE website. Here are steps to check status online and GMP as focus shifts to listing Check status online as focus shifts to listing Step 1: Go to the website of Registrar Kfin Technologies Limited to check Jainik Power and Cables allotment status by clicking the link: Step 2: Select Jainik Power and Cables Limited from the 'Select IPO' dropdown menu. Step 3: Select any of the following, from Demat number, application number or the PAN number Step 4: Enter the details from the option selected Step 5: Click on the search button Step 2: Choose the option "Details of the Equity & SME IPO bid." Step 3- Under the selection symbol option, select "JAINIK" from the dropdown Step 4- Thereafter enter your details as application number and PAN information. Step 5- Press "Submit." thereafter Jainik Power and Cables IPO GMP or Grey Market Premium stands at Nil . This means that the Jainik Power and Cables shares are not commanding any premium over the issue price price of ₹ 110 in the grey market. The same also means that the market participants are noy expecting any listing gains and the listing of Jainik Power and Cables shares is expected to be at close to the upper band of the offer price of ₹ 110 a piece, as suggested by data Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
13-06-2025
- Business
- Mint
Aten Papers & Foam IPO Day 1: Check subscription status, GMP, and other details
Aten Papers & Foam IPO: The initial public offering (IPO) of Aten Papers & Foam opened for subscription today, June 13 and will close on June 17. The company, which aims to raise ₹ 31.68 crore through the SME IPO, has set price band in the range of ₹ 91-96 per share. Aten Papers & Foam IPO was subscribed 0.29 times bids at the end of the first day. The IPO received bids for 9.16 lakh shares against 31.34 lakh shares on offer. The retail investor segment was booked 0.10 times, while the non-institutional investors (NII) category was subscribed 0.41 times. Meanwhile, the qualified Institutional buyers category was subscribed 1.02 percent. Aten Papers & Foam GMP today The company's shares in the grey market traded at 0. This indicates an estimated listing price of ₹ 96, same IPO price of ₹ 96. One must note that grey market premium is only an indicator of how the company's shares are performing in the unlisted market and can change quickly. Aten Papers & Foam IPO was entirely a fresh issue of 33 lakh shares with no offer for sale component. Retail investors could apply with a minimum lot size of 1,200 shares, requiring a minimum investment of ₹ 1.09 lakh. The proceeds from the IPO will be allocated as follows: ₹ 4.27 crore will be used to meet capital expenditure requirements, ₹ 15.5 crore will go towards funding incremental working capital needs, and the remaining amount will be set aside for general corporate purposes and public issue-related expenses. The allotment status for Aten Papers IPO is expected to be finalised on June 18. Successful investors will see equity shares credited to their Demat accounts by June 24, while refunds for those who did not receive allotment will be processed the same day. Shares of Aten Papers are set to debut on BSE SME on June 20. Of the total net offer, 47.5 percent has been earmarked each for retail and non-institutional investors, while the remaining 5 percent is allocated to qualified institutional buyers. Swastika Investmart Ltd is acting as the book-running lead manager for the Aten Papers & Foam IPO, while Skyline Financial Services Private Ltd has been appointed as the registrar for the issue. Sunflower Broking Private Limited is serving as the market maker for the IPO. "APFL is engaged in the trading in the paper product supply chain. It provides products suitable for packaging industry and thus follows B2B mode of operations. It posted steady growth in its top and bottom lines. Based on its recent financial performance, the issue appears aggressively priced. The sudden boost in bottom lines from FY24 onwards raise eyebrows and concern over its sustainability going forward. Well-informed/cash surplus investors may park moderate funds for medium term in this pricey bet," said Dilip Davda of recommending a 'may apply' rating to the issue. Incorporated in 2019, Aten Papers & Foam plays a key role in the paper product supply chain. The company procures paper from various mills and supplies it to clients in the packaging industry. Its product portfolio includes duplex boards, kraft paper, and other paper variants available in different sizes, grades, and thicknesses. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before taking any investment decisions.
