Showing posts from February, 2024

It Dosa-n’t get better than this: Swiggy delivered 29 Million crispy dosas reveals data ahead of World Dosa Day

  Single user in Coimbatore has placed 447 dosa orders in the last year.   National, 29 th  February 2024:  Ahead of World Dosa Day, observed annually on March 3 rd , Swiggy, India’s leading on-demand convenience platform, unveils fascinating insights into the nation's love affair with dosas. The order analysis spanning from 25 th  February 2023 to 25 th  February 2024 sheds light on the widespread popularity of the beloved South Indian staple. Swiggy has delivered a staggering  29 million dosas  in the last 12 months, ordering an average of 122 dosas per minute during breakfast alone  and  underscoring the immense popularity of this culinary delight among customers across the country. Cities like Bangalore, Hyderabad, and Chennai are leading the dosa charge.  Bangalore, the Dosa capital of India,  has not only topped the chart but also outshone other major cities, ordering twice dosas than Delhi, Mumbai and Kolkata combined. In a surprising turn of events, Chandigarh, known for it

Mukka Proteins IPO subscribed 2.47 times on Day 1

The Initial Public Offering of Mukka Proteins Limited  was subscribed 2.47 times on the first day of bidding. The issue received bids of 13,81,99,060 shares against the offered 5,60,00,435 equity shares, at a price band of ₹26-28, according to the data available on the stock exchanges. Retail Portion was the most subscribed with 3.69 times, Non-Institutional Investors Portion with 1.55 times, whereas Qualified Institutional Buyer Portion subscribed 1.01 times. The  issue kicked off for subscription on Thurs day, February 29, 2024  and will close on Mond ay, March 04, 2024 . A day prior to the opening of the issue, GPT Healthcare Ltd had raised Rs 67.20 crores from anchor investors. Investors who participated in the anchor were Neomile Growth Fund, Saint Capital Fund, Zinnia Global Fund PCC, Eminence Global Fund PCC, Craft Emerging Market Fund PCC, and Elara India Opportunities Fund. Fedex Securities Private Limited is the sole book-running lead manager and Cameo Corporate Services Limi

Bharat Highways InvIT IPO fully subscribed on Day 2

The Initial Public Offering of Bharat Highways InvIT  was fully subscribed  on the second day of bidding. The issue  received bids of 10,57,27,500 units against the offered 10,30,12,800 units, at a price band of ₹98-100, according to the data available on the stock exchanges. Overall, the Issue was subscribed 1.03 times. Other Investors Portion was subscribed 2.24 times and Institutional Investors Portion was subscribed 0.02 times. The  issue kicked off for subscription on  Wednes day, February 28, 2024  and will close on Frid ay, March 01, 202 4 . A day prior to the opening of the issue, Bharat Highways InvIT had raised Rs 825.97 crores from anchor investors. Institutions who participated in the anchor were ICICI Prudential Mutual Fund, HDFC Mutual Fund, Kotak Mutual Fund, Quant Mutual Fund, HDFC Life Insurance, Nippon India Mutual Fund, Axis Mutual Fund, Aditya Birla Mutual Fund, UTI Mutual Fund, Max Life Insurance, Baroda BNP Mutual Fund, Reliance General Insurance and DSP Mutual Fu

GPT Healthcare debuts on the exchange; closes at premium

Shares of GPT Healthcare which runs hospitals under the ILS Hospital brand made its debut on the exchange to close at a premium of 7.93%. The scrip listed Rs 216.15 per share on BSE and Rs 215 per share on NSE, at a premium of 16.21% and 15.59% respectively. The company's share price closed at Rs 200.75 per share on the BSE, a 7.93% premium, and at Rs 200.25 per share on the NSE, a 6.86% premium. As per NSE, the total quantity traded stood at 207.43 lakh shares, on BSE the total Quantity stood at 11.58 lakh shares. Total Turnover (BSE+NSE) on Day 1 stood at Rs 454.44 crore. The Market Capitalization of the Company at  today ’s closing price stood at Rs. 1647.25 Crore as per BSE and Rs. 1643.15 Crore as per NSE. GPT Healthcare, founded by Dwarika Prasad Tantia and Dr Om Tantia started with a 8 bed hospital at Salt Lake, Kolkata in 2000.  Today  it operates four full service multispecialty hospitals, with a total capacity of 561 beds and attends to over 35 specialties and super speci