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EY partners with the National Association for the Blind for ‘Talking Books’

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EY employees will record over 40,000 pages for the audiobooks in a period of one month National,  20 December 2024 .  EY India has partnered with the National Association for the Blind (NAB) to create over 600 audiobooks, aiming to benefit more than 1,00,000 people with visual impairment across India. The initiative is part of EY Ripples program, where EY employees devote their time to SDG-focused projects, bringing together their combined skills, knowledge and experience to positively impact wider sections of the society. Named ‘Talking Books’, this is the second edition of the initiative by EY Ripples team in collaboration with NAB to enable enhanced availability of learning resources for the personal development of several members of the visually impaired community. As part of the initiative, EY employees will record over 40,000 pages for the audiobooks in a period of one month. There are an estimated 5 million blind people in India (0.36% of the total population), 35 milli...
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Airtel and Zee5 partner to bring exciting Zee5 content to Airtel WiFi customers

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Zee5 content with over 1800 TV shows, a catalogue of over 4000 movies and a vast variety of popular web series across multiple languages will now be available to all Airtel Wifi customers on plans starting Rs. 699 at no additional cost Airtel Wifi now has one of the largest digital content portfolios in India, offering access to over 350 Linear TV channels and 27 OTT platforms offering thousands of movies and shows Gurugram (India), December 20, 2024:   Bharti Airtel (“Airtel”) one of India’s leading telecommunications service providers,  today  announced that it has entered into a partnership with Zee5, India’s leading OTT platform to offer exciting digital content to its WiFi customers. All customers on plans starting at Rs. 699 or higher will have Zee5 included as part of their Airtel WiFi plan at no additional cost.   Following this partnership, Zee5’s exclusive content, that includes original shows, chartbuster titles, OTT movies and series across...
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Sanathan Textiles IPO subscribed 45% on Day 1

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  The Initial Public Offering of Sanathan Textiles Limited was subscribed 45% on the first day of bidding. The issue received bids of 56,77,274 shares against the offered 1,26,22,950 equity shares, at a price band of ₹305-321, according to the data available on the stock exchanges. Retail Portion and Non-Institutional Investors Portion were subscribed 0.76 times and 0.32 times respectively, whereas Qualified Institutional Buyer Portion is still to see traction. The issue kicked off for subscription on Thursday, December 19, 2024, and will close on  Monday, December 23, 2024 .  A day before the opening of the issue, Sanathan Textiles Ltd raised Rs 165 crores from anchor investors. Foreign and Domestic Institutions who participated in the anchor included SBI Mutual Fund, Nippon India Mutual Fund, HDFC Mutual Fund, Kotak Mutual Fund, Bandhan Mutual Fund, SBI General Insurance Company, Societe Generale, PineBridge Global Funds, Edelweiss Tru...
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Jaipur-based NBFC Laxmi India Finance files DRHP for IPO

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Jaipur-based non-banking financial company, Laxmi India Finance Limited, has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) to raise funds through Initial Public Offering (IPO). The IPO with a face value of Rs 5 is a mix of fresh issue of shares up to 1,04,53,575 and an offer for sale of up to 56,38,620 equity shares by Promoter and Promoter Group Selling Shareholders. The offer also includes a reservation for a subscription by eligible employees and a discount is being offered to eligible employees bidding in the employee reservation portion.   Offer for Sale consists of shareholders selling shares up to 3,084,952 Equity Shares by Deepak Baid, up to 913,070 Equity Shares by Prem Devi Baid, up to 1,261,902 Equity Shares by Aneesha Baid, Up to 180,000 Equity Shares by Deepak Hitech Motors, up to 90,000 Equity Shares by Prem Dealers Private Limited, up to 54,348 Equity Shares by Preeti Chopra and up to 54,34...
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One MobiKwik Systems IPO makes an exceptional debut on the exchange; closes at 90% premium

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Mumbai, December 18, 2024:   Shares of One MobiKwik Systems  Limited makes an exceptional debuted on the exchange to close at 90% premium. The scrip listed Rs 442.25 per share on BSE, a premium of 58.51% and Rs 440 per share on NSE, a premium of 57.71%. The company's share price closed at Rs 530.30 per share on the BSE, a 90.07% premium, and at Rs 528 per share on the NSE, a 89.25% premium. As per NSE, the total quantity traded stood at 295.75 lakh shares, on BSE the total Quantity stood at 26.03 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 1601.45 crore. The Market Capitalization of the Company at today’s closing price stood at Rs. 4,119.71 Crore as per BSE and Rs. 4,101.84 Crore as per NSE. The company had offered Rs 572 crore issue for subscription from December 11 to December 13. This garnered substantial interest, and the offer was subscribed 119.38 times. Qualified Institutional Buyer and Non-Institutional Investors Portion was subscribed 119.50 times and 1...
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Unimech Aerospace and Manufacturing Limited’s Initial Public Offering to open on Monday, December 23, 2024, price band set at ₹745/- to ₹785- per Equity Share

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Price Band of ₹745/– ₹785- per Equity Share bearing face value of ₹5/- each (“Equity Shares”) Bid/Offer Opening Date –  Monday, December 23 2024  and Bid/Offer Closing Date –  Thursday, December 26 2024 . Minimum Bid Lot is 19 Equity Shares and in multiples of 19 Equity Shares thereafter. The Floor Price is 149 times the face value of the Equity Share and the Cap Price is 157 times the face value of the Equity Share. Bangalore,  December 18, 2024 :  Unimech Aerospace and Manufacturing Limited, has fixed the price band of  ₹745/-  to  ₹785-  per Equity Share of face value ₹5/- each for its maiden initial public offer. The Initial Public Offering (“ IPO ” or  “Offer” ) of the Company will open on  Monday, December 23, 2024 , for subscription and close on  Thursday, December 26, 2024 . Investors can bid for a minimum of 19   Equity Shares and in multiples of 19   Equity Shares thereafter. The IPO is a mix of fresh i...
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