Mon, Dec 23, 2024 2:58 PM
Ahmedabad-based Agrochemical Company GSP Crop Science files DRHP for IPO
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Univest, a Gurugram-based stock advisory platform, raises $10 million in Series A funding, led by Bertelsmann India Investments. The funding will allow the firm to scale its platform and offer stock recommendations, trade execution, and market insights to retail investors, aiming to become India's first true stock market superapp.
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Gold prices recovered Rs 570 to Rs 78,700 per 10 grams in the national capital on Monday amid value buying by stockists and investors following a firm global trend, according to the All India Sarafa Association. The precious metal ended at Rs 78,130 per 10 grams on Friday. Silver surged Rs 1,850 to reclaim the Rs 90,000 per kg-mark on increased offtake by industrial units and coin makers.
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DAM Capital Advisors' Rs 840-crore IPO saw a massive 81.88 times subscription, with investors buying 170.35 crore equity shares against the offer size of 2.08 crore shares, led by qualified institutional buyers and non-institutional investors. DAM Capital Advisors' IPO shares traded at over 50% premium in the grey market.
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