The allotment status of TBO Tek IPO shares is expected to be finalised on Monday, May 13, after the public issue saw a strong subscription across categories. The initial public offering (IPO) of TBO Tek Ltd, a book-built issue of ₹1,550.81 crore, was open for subscription from May 8 to May 10. The public issue was over all booked 34.24 times.
Open FlipBitcoin Options Data Indicates Expectations of Price Surge Towards Highs by End June. Recent options data from Binance has revealed a concentration of open interest in bitcoin options at a strike price of $75,000 for the end-of-June expiry, according to market analyst Ruslan Lienkha. Lienkha explained that this open interest concentration aligns with Bitcoin's all-time high.
Open FlipVarun Beverages reported a consolidated net profit of ₹547.9 Crore for the March quarter, marking a 24.9% growth from the same period last fiscal year. The company's revenue stood at ₹4,397.9 Crore, representing an 11.2% increase, as disclosed in a regulatory filing. EBITDA surged by 23.9% to ₹988.7 Crore YoY, with EBITDA margin expanding by 240 basis points to 22.9% in Q1 CY2024.
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