Imagine you’re a business owner, and you’ve been working tirelessly to grow your business over the years. You’ve been able to attract investors, but now you’re ready to take your company public. However, the process of going public can be complicated and daunting. That’s where the IPO Book Building Process comes in. It’s a method … Read more
Understanding the Grey Market and Its Premium Before learning what is Grey Market Premium, it is important to know about grey market itself first. It is an unofficial market where the trading of a company’s shares happens before they are issued in the Initial Public Offering (IPO). Grey market is a market where transactions are … Read more
In 2018, Infosys, one of India’s leading IT companies, created headlines by announcing a 1:1 bonus share issue. Infosys has declared bonus shares 8 times since 1994. The bonus issuance sparked excitement among its shareholders, as it indicated the company’s sustained growth and commitment to rewarding investors. Bonus shares play a significant role in the … Read more
It’s been five days since RBI announced its decision to phase out Rs 2000 currency note from active circulation by 30th September 2023. After the initial panic and furore settled over the validity of the denomination and exchange process, there are interesting trends to witness. In this article we discuss the immediate fallout of the … Read more
On May 19th, the Ministry of Finance announced an amendment to FEMA (Foreign Exchange Management) Act to include international payments done via credit cards under LRS (Liberalised Remittance Scheme) and liable to TCS (Tax Collected at Source). In this article, let us understand what is LRS and how this amendment will impact you. What is … Read more
In April, the most anticipated data, the US inflation hit its lowest level in almost two years. The Consumer Price Index rose by 4.9% over the last year. The CPI inflation rate cooled down from 9.1% in June 2022, an all time high level in 40 years! The drop was lower than what experts had … Read more
Embarking on the IPO Journey Our financial journey is filled with exciting milestones, and the first investment in an Initial Public Offering (IPO) is certainly one of them. Let’s step into the shoes of an eager investor, Ravi. Ravi has been an avid market watcher for years, and after much research and contemplation, he decides … Read more