New investors at NSE rise 15% in June 2025, but remain below last year levels
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Economic Times
an hour ago
- Economic Times
Lok Sabha passes Mines and Minerals Amendment Bill
Synopsis Amidst opposition protests regarding the revision of Bihar electoral rolls, the Lok Sabha approved the Mines and Minerals (Development and Regulation) Amendment Bill 2025. The bill expands the National Mineral Exploration Trust's scope to include offshore and international areas for mineral exploration and development. It also renames the trust and increases lessee payments to 3% of the royalty. ANI Representative image. New Delhi: The Lok Sabha passed the Mines and Minerals (Development and Regulation) Amendment Bill 2025 on Tuesday, amid the din of opposition protests over the revision of Bihar electoral rolls by the Election Bill was passed by a voice vote as opposition members raised slogans in the House. The Mines and Minerals (Development and Regulation) Amendment Bill 2025 seeks to widen the scope and territorial domain of the National Mineral Exploration Trust to enable the use of the funds accrued to it within India, including offshore areas, and outside India for the exploration and development of mines and minerals. The Bill also seeks to rename the trust as the National Mineral Exploration and Development Trust to reflect its enlarged scope and increase the amount of payment to it by the lessees from the present 2 per cent of the royalty payable to 3 per cent.
Economic Times
an hour ago
- Economic Times
BlueStone Jewellery IPO subscribed 65% on Day 2
The initial public offer of BlueStone Jewellery and Lifestyle Ltd, which offers contemporary jewellery under its flagship brand 'BlueStone', got subscribed 65 per cent on the second day of share sale on Tuesday. ADVERTISEMENT The three-day IPO received bids for 1,07,81,214 shares against 1,65,14,421 shares on offer, according to data available with the NSE. The Qualified Institutional Buyers (QIBs) portion got subscribed 85 per cent while the quota for Retail Individual Investors (RIIs) received 73 per cent subscription. The category for non-institutional investors fetched 23 per cent subscription. BlueStone Jewellery and Lifestyle on Friday raised over Rs 693 crore from anchor investors. The issue, with a price band of Rs 492-517 per share, will conclude on Wednesday. The initial public offer (IPO) involves a fresh issue of Rs 820 crore and offer-for-sale (OFS) of 1,39,39,063 equity shares worth Rs 720.65 crore, at the upper end of the price band. This aggregates the transaction size to Rs 1,540.65 crore. ADVERTISEMENT Those selling shares through the OFS include Kalaari Capital Partners II, LLC, Saama Capital II, Ltd., Sunil Kant Munjal (and other partners of Hero Enterprise Partner Ventures) and others. Unlock 500+ Stock Recos on App Proceeds from the fresh issue will be used to fund its working capital requirements and general corporate purposes. ADVERTISEMENT The Bengaluru-based company introduced its 'BlueStone' brand in 2011 and has since grown into a leading name among jewellery retailers in the country. It has a network of 275 stores across 117 cities in 26 states and Union Territories, covering over 12,600 PIN codes across India as of March 31, 2025. The company operates three manufacturing facilities in Mumbai, Jaipur, and Surat. Axis Capital, IIFL Capital Services, and Kotak Mahindra Capital Company are the book-running lead managers to the issue. The equity shares are proposed to be listed on the BSE and NSE. (You can now subscribe to our ETMarkets WhatsApp channel)
Mint
an hour ago
- Mint
Sawaliya Foods Products IPO share allotment to be finalised today: How to check status? A step-by-step guide
Sawaliya Foods Products IPO allotment in focus: Sawaliya Foods Products IPO allotment in focus: The allotment for the Sawaliya Foods Products IPO is expected to be finalized today, August 12. Investors can check their allotment status through the registrar, Skyline Financial Services Private Limited, or on the NSE website. The IPO, open for subscription from August 7 to August 11, received a solid response from investors, being oversubscribed 13.32 times. The non-institutional investor (NII) segment was oversubscribed 20.11 times, the retail portion 8.92 times, and the qualified institutional buyers (QIB) category 15.83 times. The issue price was set at ₹ 120 per share. Given the high level of retail oversubscription, shares will be allocated to retail individual investors (RIIs) on a proportional basis. For those who do not receive an allotment, the refund process will begin on August 13, 2025. Shares allotted will be credited to investors' demat accounts on the same day as refunds. The SME IPO is expected to be listed on the NSE SME platform, with a tentative listing date of August 14, 2025. The company plans to use the net proceeds from the IPO for several purposes, including funding capital expenditure for the purchase of new machinery and the upgrade of existing machinery and setting up an on-grid rooftop solar PV system with a capacity of 149.04 kWp at its existing manufacturing unit. Funds will also be used for working capital requirements, repayment and/or prepayment (in part or full) of certain borrowings, and general corporate purposes. If you have applied for the Sawaliya Foods Products IPO, you can check your allotment status on the website of the IPO registrar, Skyline Financial Services Private Ltd. You can check the Sawaliya Foods Products IPO allotment status at this link: Step 1: Visit the above link, which will take you to Sawaliya Foods Products' registrar's website, i.e., Skyline Financial Services Private Ltd. Step 2: Choose the IPO in the dropbox that will only have its name set if the allocation is completed. Step 3: Pick one of all three options to check the status: Application No., Demat Account, or PAN. Step 4: The screen will show the IPO status and the number of Neetu Yoshi IPO shares allotted. Step 2: To create an account, select the 'Click here to sign up' option on the NSE site using your PAN. Step 3: Input your username, password, and the captcha code. Step 4: On the next page, check the status of your IPO allocation. Founded in 2014, the company is a manufacturer and processor of dehydrated vegetables, serving leading institutional manufacturers engaged in branded packaged food industries, traders, and international importers of dehydrated products, with the branded packaged food industry accounting for 66.15% of our revenue in Financial Year 2025. The company products find wide application as raw materials in the fast-moving consumer goods industry, for products such as cup noodles, ready-to-eat noodles, pasta, soup, etc. Its main products include dehydrated carrots, dehydrated cabbage, and dehydrated ring beans/beans. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
