Posts

M3M India and Hurun India Release the 15th Edition of the M3M Hurun India Rich List 2026

Image
Mumbai, 23 September 2026 : M3M India and Hurun India launched the 15th edition of the M3M Hurun India Rich List 2026 , a list of individuals born or brought up in India with wealth of INR 1,000 crore or more, regardless of their current residence or passport. Wealth calculations are a snapshot as of 24 August 2026, when the exchange rate was INR 95.63 to the US dollar. The M3M Hurun India Rich List 2026 features 1,810 individuals, up 128 from last year, across 163 cities, 106 of them in India. Their combined wealth stands at INR 187.5 lakh crore (USD 1.96 trillion), a 12.8% rise, even as the Nifty 50 fell 3.9% and the Sensex declined 5.8% over the same period. India now counts a record 391 dollar billionaires, up 27 from last year. Gautam Adani (64) & family reclaim the No. 1 spot with INR 9.23 lakh crore, ahead of Mukesh Ambani (69) & family at INR 8.63 lakh crore, while LN Mittal (76) & family climb eight places to third at INR 3.39 lakh crore. Mumbai leads with 465 in...

Liqvd Digital India Limited’s IPO Sees Strong Demand, Issue Fully Subscribed on First Day

  ·        Non-institutional investors portion subscribed 3.77 times on Day 1 ·        Issue closes on Friday, September 25, 2026, for bidding Mumbai, 23 September 2026: The Initial Public Offering of Liqvd Digital India Limited was subscribed 1.03 times on the first day of bidding, demonstrating strong demand from qualified institutional buyers (QIB) and non-institutional investors for this IPO. The issue received bids of 78,34,000 equity shares against the offered 75,94,000 equity shares, according to data available on the stock exchanges. Non-Institutional Investors (NII) and Qualified Institutional Buyers (QIB) portion were subscribed 3.77 times and 1.00 time respectively. Individual investors was subscribed 0.04 time. The issue kicked off for subscription on Wednesday, September 23, 2026, and will close for subscription on Friday, September 25, 2026. IPO Details The offer, with a face value of Rs 5 per equity share, ...

Runwal Enterprises Limited’s Initial Public Offering to Open on September 25, 2026, Price Band set at ₹290 – ₹305 Per Equity Share of face value of ₹2 each

Image
Price band of ₹290 - ₹305   per Equity Share bearing face value of ₹2 each (“Equity Shares”) Bid/Offer Opening Date –September 25, 2026 and Bid/Offer Closing Date - September 29, 2026 Minimum Bid Lot is 43 Equity Shares and in multiples of 49 Equity Shares thereafter September 22, 2026, Mumbai: Runwal Enterprises Limited has fixed the price band of ₹290/- to ₹305/- per Equity Share of face value ₹2/- each for its initial public offer. The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Friday, September 25, 2026, for subscription and close on Tuesday, September 29, 2026. Investors can bid for a minimum of 49 Equity Shares and in multiples of 49 Equity Shares thereafter. Equity shares outstanding as on date 131,391,436 equity shares of ₹2 each. The IPO, with a face value of ₹2, is entirely a fresh issue up to ₹5,000 million. The issue is being made through the book-building process, in line with SEBI ICDR Regulations, with not more than 50% of the Net Is...

Mohali-based Jai Parvati Forge Limited files DHRP for IPO

Mohali - based Jai Parvati Forge Limited has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO) crore. The IPO, with a face value of Rs 2, is a fresh issue for up to Rs 300 crore and an offer-for-sale for up to 9,000, 000 equity shares by promoter – Suman Chauhan. The company, in consultation with the book-running lead managers, may consider a Pre-IPO Placement, prior to filing of the Red Herring Prospectus with the RoC. If the pre-IPO placement is completed, the amount raised pursuant will be reduced from the Fresh Issue. The Offer is being made through the book-building process, wherein not more than 50% of the net offer is allocated to qualified institutional buyers, and not less than 15% and 35% of the net offer is assigned to non-institutional bidders and retail individual bidders respectively. Incorporated in 2004, the company has established itself as an integrated manu...

German Green Steel and Power Limited’s Initial Public Offering to Open on Friday, September 25, 2026, Price Band set at Rs 132– Rs 139 Per Equity Share

Image
Mumbai, September 22, 2026: German Green Steel and Power Limited, has fixed the price band of Rs 132/- to Rs 139/-per Equity Share of face value Rs. 10/- each for its initial public offering. The Initial Public Offering (“IPO” or “Offer”) of the Company will open on Friday, September 25, 2026, for subscription and close on Tuesday, September 29, 2026. Investors can bid for a minimum of 107 Equity Shares and in multiples of 107 Equity Shares thereafter. Equity shares outstanding as on date of the Red Herring Prospectus, are 5,44,85,888 equity shares of Rs. 10 each. The IPO, with a face value of Rs 10, is a fresh issue up to Rs 290 crore and an offer for sale for up to 10,00,000 equity shares by Promoter Selling Shareholders, namely Inamulhaq Shamsulhaq Iraki and Abdulhaq Shamsulhaq Iraki. The promoters have been associated with the industry since 1976 and represent the third generation of the family actively involved in driving the business. The Company has, in consultation with the b...

Sunil Singhania-led Abakkus Asset Manager Limited files DHRP for IPO

Mumbai-based Abakkus Asset Manager Limited, founded and led by Sunil Banwarilal Singhania, has filed its Draft Red Herring Prospectus (DRHP) with capital markets regulator, Securities and Exchange Board of India (SEBI) for its Initial Public Offering (IPO). The IPO, with a face value of Rs 2, is an offer-for-sale for up to 15,000,000 equity shares by promoter selling shareholder - Abakkus Expert Professionals LLP. Since the issue is entirely an OFS, the company will not receive any proceeds from the offer. The IPO is primarily aimed at providing the company the benefits of listing its equity shares on the stock exchanges. The Offer is being made through the book-building process, wherein not more than 50% of the net offer is allocated to qualified institutional buyers, and not less than 15% and 35% of the net offer is assigned to non-institutional bidders and retail individual bidders respectively. Axis Capital Ltd, ICICI Securities Ltd, IIFL Capital Services Ltd and JM Financial Ltd a...

Vault by Virat Kohli Strengthens Its Gurugram Presence with the Launch of its Fourth Club in the City

Image
~Fourth Vault club in Gurugram, following its expansion across Delhi-NCR~ ~Over 250 memberships secured during the presale phase at the new club~ ~The opening marks the brand's 33rd club nationwide~ Gurugram, 22nd September 2026 – Vault by Virat Kohli, India's premium franchise-led fitness chain, opened its new club in Sector 70, Gurugram. This is the brand's fourth club in the city and the latest step in its expansion across Haryana and the wider Delhi-NCR region. Located on the 3rd Floor, Elan Epic, Southern Peripheral Rd, Opposite Tulip Violet, Sector 70, Gurugram, Haryana 122101 , the new club spans approximately 7,000 sq. ft. It brings Vault's signature blend of premium design and functional training environments to the residents of Sector 70 and the surrounding neighborhoods. The launch has drawn a strong response, with more than 250 memberships secured during the presale phase . The club opened its doors with a grand launch event , attended by Mukesh Gogia, Fou...