Promoters Offload Vishnu Prakash & Privi Speciality Shares, SBI MF Steps In

Published on: December 31, 2025 by Gourav kumar singh

Grover Jewells' shares surpass gray market predictions by listing at a 9% premium to the SME IPO price. On February 11, Grover Jewells' shares made a modest debut on the stock market, going up to Rs 96 per on the NSE Emerge platform. This is a premium of almost 9% above the Rs 88 IPO price per share. With a market valuation of Rs 139.27 crore, the company made its debut on the stock exchanges. Grey market estimates versus listing premium: The listing premium has greatly exceeded grey market expectations, even with the market's lackluster beginning. The company's unlisted shares were trading flat at the IPO price of Rs 88 with no grey market premium (GMP) prior to listing. When the IPO was up for public bidding from February 4 to February 6, the site's quoted GMP was close to 3 percent. The company's unlisted shares were trading at 0 GMP over the IPO price, according to IPO Watch as well. Grover Jewells IPO: Grover Jewells, a gold jewelry manufacturer situated in Delhi, went public in order to generate Rs 33.83 crore by issuing 38.44 lakh shares at a price range of Rs 83–88 each. With a minimum investment of Rs 1.41 lakh, investors could bid for 1,600 shares, and then in multiples. The IPO received over 19 subscriptions between February 4 and February 6, indicating that investors were quite interested in it throughout its three days of public bidding. With approximately 38 bookings of their allotted allocation, non-institutional investors (NII) shown the highest level of interest in the IPO. Qualified institutional buyers (QIB) and retail sections were reserved 11 times and 16 times, respectively. Working capital will be the primary use of the IPO proceeds, with the remaining sum going toward general business needs.

On December 31, promoters sold off more than 9% of the shares of Privi Speciality Chemicals, a maker of aroma and fragrance chemicals, while SBI Mutual Fund purchased an additional roughly 6% ownership holding. Privi Speciality Chemicals Share Movement Following a gap-down start on the NSE, Privi Speciality Chemicals shares fell 12.1 percent to Rs … Read more

Adani Group Pushes Government to Expand International Flying Rights

Published on: December 31, 2025 by Gourav kumar singh

Adani Embraer aircraft assembly India final assembly line

According to an Economic Times report, Adani Airports Holdings Ltd., which runs eight airports throughout India, has pushed the Union government to increase international flying rights under bilateral agreements with nations like the United Arab Emirates, Saudi Arabia, Qatar, Singapore, Indonesia, and Malaysia. Opposition from Indian Airlines However, according to the article, this goes against … Read more

DGCA Summons Air India Over Boeing 787 Dreamliner Safety Issues

Published on: December 31, 2025 by Gourav kumar singh

Air India passenger complaint over denied non-veg meal and rude staff behavior

According to reports, the Directorate General of Civil Aviation (DGCA), an aviation regulator, has asked Air India to provide an explanation for using a Boeing 787-8 Dreamliner in spite of several mechanical difficulties. DGCA Identifies Issues with Dreamliner VT-ANI The DGCA identified many problems with Dreamliner aircraft VT-ANI in a show-cause notice this week. According … Read more

Vodafone Idea Promoters to Invest ₹5,836 Crore to Strengthen Financials

Published on: December 31, 2025 by Gourav kumar singh

Vodafone Idea promoters and promoter group commit ₹5,836 crore investment to strengthen the telecom company’s finances and boost future cash flows.

According to an exchange filing, the board of directors of telecom behemoth Vodafone Idea said on Wednesday, December 31, 2025, that the company’s promoter and promoter group companies have committed to invest ₹5,836 crore in the business to strengthen its financials and increase future cash flows. Details of the Investment Commitment Through its filing, the … Read more

No Change in Small Savings Rates for March Quarter; PPF, NSC Rates Unchanged

Published on: December 31, 2025 by Gourav kumar singh

RBI Bank Timings 2026 – Updated Bank Branch Hours

For the ninth consecutive quarter, the Center maintained the status quo regarding interest rates on well-known modest savings plans including the Public Provident Fund (PPF) and the National Savings Certificate (NSC). Current Interest Rates on Modest Savings Plans The finance ministry said on Wednesday that the Post Office Savings Account would pay 4% interest while … Read more