Thu, Mar 23, 2023
Global Surfaces IPO Listing: The stock of Jaipur-based Global Surfaces, a manufacturer of engineered quartz and processor of natural stones, debuted on bourses BSE and NSE at a premium of 16-17 per cent on Thursday, in line with what Zee Business Managing Editor Anil Singhvi had predicted. The listing day for Global Surfaces comes after its IPO, to raise Rs 155 crore, concluded with an overall subscription of more than 12 times the shares on offer.
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Mon, Mar 20, 2023
Share Market HIGHLIGHTS: Indian equity benchmarks Sensex and Nifty50 started the week on a lower note, amid mixed moves across other Asian markets even as the news of a buyout for the troubled Credit Suisse brought a sigh of relief for investors around the globe after days of wild swings in financial shares already battered by the sudden collapse of SVB. Catch all the highlights of the March 20 session on Dalal Street, market commentary and analysis, the views of Zee Business Managing Editor Anil Singhvi and other experts, stocks to buy and trade recommendations only on Zeebiz.com's blog.
Wed, Mar 15, 2023
Share Market HIGHLIGHTS: Indian equity benchmarks Sensex and Nifty50 extended losses to the fifth session in a row on Wednesday, with the Nifty50 closing below the psychologically-important 17,000 mark for the first time in five months. The Indian stock market reversed course in the second half of a volatile session after a gap-up start, as banking shares continue to fall after a day's gap thanks to fears of contagion after the sudden collapse of Silicon Valley Bank (SVB).
Tue, Mar 14, 2023
Share Market Today HIGHLIGHTS: Indian equity benchmarks Sensex and Nifty50 fell to five-month closing lows on Tuesday, continuing to fall for the fourth day in a row, as most other major markets around the globe weakened amid persistent fears about contagion from the Silicon Valley Bank (SVB) collapse.
Mon, Mar 13, 2023
Global Surfaces IPO: Global Surfaces, which is into processing natural stones and manufacturing engineered quartz, on Friday said it has collected Rs 46.49 crore from anchor investors and sets a price band of Rs 133-140 a share for its IPO.
Global Surface IPO: “The UAE project which will start later this year has a capital expenditure of Rs 150 crore. We will use the proceeds of Rs 90 crore raised from the IPO for the project,” Mayank said.
Global Surfaces IPO Subscription: Global Surfaces IPO has set a price band of Rs 133-140 a share for its IPO. The IPO comprises the fresh issuance of 85.20 lakh equity shares and an offer for sale (OFS) of up to 25.5 lakh equity shares by promoters -- Mayank Shah and Sweta Shah.
Stock Market LIVE Today: Indian equity benchmarks Sensex and Nifty50 suffered steep losses on Monday mirroring weakness across global financial stocks as the collapse of startup-focused Silicon Valley Bank (SVB) continued to batter investor sentiment. HSBC acquired the UK subsidiary of Silicon Valley Bank for one pound, saying it expects SVB UK tangible equity to be around 1.4 billion pounds.
Sat, Mar 11, 2023
Global Surfaces on Friday said it has set a price band of Rs 133-140 a share for its initial share sale (IPO). It is expected to fetch Rs 155 crore from the IPO at the upper end of the price band.
Thu, Mar 09, 2023
Global Surfaces IPO: The initial share sale of the company, which is engaged in the processing of natural stones and the making of engineered quartz, to raise up to Rs 155 crore will hit the Street on March 13. Global Surfaces shares are likely to be listed on bourses BSE and NSE on March 23.
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