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News18
5 days ago
- Business
- News18
Leela Hotels IPO Listing Today: What GMP Signals Ahead Of BSE, NSE Debut On Monday
Last Updated: Leela Hotels IPO GMP: The Leela Hotels IPO received a 4.72 times subscription, with a bidding of 20,87,17,330 shares against the offered shares of 4,42,52,875. Leela Hotels IPO GMP: The shares of Leela Hotels IPO (Schloss Bangalore Ltd) are set to debut on Monday, June 2, on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). The allotment was finalized on May 29. The listing will occur at 10 AM on both exchanges. The Leela Hotels IPO received a 4.72 times subscription, with a bidding of 20,87,17,330 shares against the offered shares of 4,42,52,875. The retail and NII participation stood at 0.87 times and 1.08 times, respectively. Its qualified institutional buyer (QIB) category got a 7.82 times subscription. Let's see what GMP indicates ahead of the listing today (listing price prediction). According to various market observers, the current grey market premium of the Leela Hotels IPO indicates a muted listing. The expected listing of IPO would take place at a premium of just 1 per cent around Rs 439, from the upper price band of Rs 435 per share. Leela Hotels IPO Details The three-day subscription window opened between May 26 and May 28. The IPO aimed to raise Rs 3,500 crore, with Rs 2,500 crore from a fresh issue and Rs 1,000 crore from an OFS. The raising amount is down from earlier planned of Rs 5000 crore. The price band for the issue was set at Rs 413 to Rs 435 per share, with a minimum bid quantity of 34 shares, which translates to a minimum investment of Rs 14,790 at the upper end of the price band for retail investors. A Step-By-Step Guide To Check Allotment Status 2) Under 'Issue Type', select 'Equity'. 3) Under 'Issue Name', select 'Schloss Bangalore Ltd' in the dropbox. 4) Enter your application number, or the Permanent Account Number (PAN). 5) Then, click on the 'I am not a robot' to verify yourself and hit the 'Search' option. Your share application status will appear on your screen. You can also visit directly on the registrar Kfin Technologies' portal — and check the Leela Hotels IPO allotment status. The allotment status can also be checked on the NSE's website at Leela Hotels IPO Objectives Leela Hotels plans to utilise Rs 2,500 crore from the fresh issue for the following purposes: – Repayment of outstanding borrowings: Approximately Rs 2,300 crore will be used to repay/pre-pay certain borrowings of the company and its subsidiaries. – General corporate purposes: A portion of the IPO proceeds will be allocated for general corporate purposes, not exceeding 25% of the gross proceeds. Leela Hotels Financials Schloss Bangalore Limited's financial performance shows a 15% increase in revenue and a significant 2341% rise in profit after tax (PAT) between the financial years ending March 31, 2024, and March 31, 2025. As of March 31, 2025, the company's assets stood at Rs 8,266.16 crore, with revenue at Rs 1,406.56 crore and PAT at Rs 47.66 crore. The company's net worth improved to Rs 3,604.99 crore, and its total borrowings were Rs 3,908.75 crore. Leela Hotels operates 3,553 keys across 13 hotels under The Leela Palaces, Hotels, and Resorts, with a strategic presence in 10 key destinations in India, covering a significant portion of international and domestic air traffic in FY 25. Leela Hotels Promoters Project Ballet Bangalore Holdings (DIFC) Pvt Ltd, BSREP III Joy (Two) Holdings (DIFC) Limited, BSREP III Tadoba Holdings (DIFC) Pvt Ltd, Project Ballet Chennai Holdings (DIFC) Pvt Ltd, Project Ballet Gandhinagar Holdings (DIFC) Pvt Ltd, Project Ballet HMA Holdings (DIFC) Pvt Ltd and Project Ballet Udaipur Holdings (DIFC) Pvt Ltd are the company promoters. Leela Hotels Founded in 1986, Schloss Bangalore is the parent company of the luxury hotel chain 'The Leela' in India, one of the largest luxury hospitality chains in the country in terms of the number of keys. Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. Location : New Delhi, India, India First Published: June 02, 2025, 07:53 IST News business » markets Leela Hotels IPO Listing Today: What GMP Signals Ahead Of BSE, NSE Debut On Monday
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Business Standard
15-05-2025
- Health
- Business Standard
CGHS got a digital makeover: How it helps beneficiaries in health care
The Central Government Health Scheme (CGHS) has launched a new Health Management Information System (HMIS) to improve digital services for its beneficiaries. According to the statement issued by CGHS, the new HMIS replaces a two-decade-old system and was developed by the Centre for Development of Advanced Computing (C-DAC). Key Features of the New HMIS Notable features of HMIS include: PAN-based unique identification: Beneficiaries above 18 years are now required to link their Permanent Account Number (PAN) with their CGHS ID, ensuring accurate identification and reducing duplication. Integrated Payment System: The manual payment process via the Bharat Kosh portal has been discontinued. All contributions must now be made through the official CGHS portal, with payments auto-verified to minimise errors and refund issues. Real-time tracking: Beneficiaries can monitor the status of their applications and services in real-time, enhancing transparency and reducing delays. Mobile application: A new 'myCGHS' mobile app is out, allowing users to access services, track applications, and receive updates on the go According to the CGHS to facilitate the transition to the new system: All CGHS Wellness Centres were closed to the public on April 26, 2025, to prepare for the system upgrade. The previous CGHS websites ( and have been deactivated. All services are now accessible through the unified portal: Beneficiaries are required to reset their passwords upon first login to the new system Applications pending payment as of April 27, 2025, have lapsed. Fresh applications must be submitted through the new portal Support and assistance To ensure a smooth transition Master trainers have been deployed across CGHS offices and Wellness Centres to assist beneficiaries. User manuals and helpdesk facilities are available on the CGHS website and the 'myCGHS' app.
Time Business News
13-05-2025
- Business
- Time Business News
CIBIL Score Check Using PAN Card
Your CIBIL score is the fundamental monetary measure depicting your credibility. It plays a significant role in the approval of loans, the granting of credit cards, and financial credibility. Having a good CIBIL score can help you avail of loans for less interest, while the lowest score can make you head toward the rejection of loans or high-interest costs. Lenders use the CIBIL score to assess the risk involved in lending you money. It is a three-digit value from 300 to 900, where the bigger the value, the higher the creditworthiness. Having an overall score of 750 and above is typically good and increases your chances for approval for loans. Understanding how cibil score check pan cards is essential for your financial health and building your credit history. A Permanent Account Number (PAN) Card is a unique identification number issued by the Income Tax Department of India. This is mandatory for all financial transactions, including loans and checks for your credit score. Since your financial transactions will now bear your PAN, your lender will use this to access your CIBIL history and score. Your PAN card is associated with all your transactions, including your payments from your credit cards, your repayment for loans, and your transactions for EMI. With the use of your PAN card, the bureaus can access your history accurately and generate your CIBIL score. Checking your CIBIL score using your PAN card is a simple and quick process. Visit the Website of CIBIL: Go to the genuine CIBIL website or the known third party offering the credit score. Provide your PAN card number, name, date of birth, and your registered email address. Authenticate Your Identity: Verify your credentials by using OTP sent through your registered mobile number. Once confirmed, you can access your CIBIL score and your credit report. Some fintech platforms and banks also provide complimentary checks for the CIBIL score through the use of the PAN card. You can check your CIBIL score for free once yearly, but repeated checks will need you to subscribe. Understanding what impacts your CIBIL score is the best method for you to maintain a good credit history. These primary elements are: Payment History: Paying your EMIs and credit cards by the due date improves your score. Paying your EMIs and credit cards by the due date improves your score. Credit Utilization Ratio: Keep the use of the credit less than 30% of the total credit available. Keep the use of the credit less than 30% of the total credit available. Number of Hard Inquiries: Multiple loan applications within a short period can negatively affect your score. Multiple loan applications within a short period can negatively affect your score. Loan Defaults and Settlements: Miss payments and settlements against loans lower your score by far. Miss payments and settlements against loans lower your score by far. Credit Mix and Length: A mix of secured (mortgages) and unsecured (credit cards) helps strengthen your profile. A mix of secured (mortgages) and unsecured (credit cards) helps strengthen your profile. Length of Credit History: Having a longer history of good payments can improve your CIBIL score. Errors in your report can make your credit score inaccurate. To find and resolve them, follow the following steps: Incorrect Personal Details : Verify the details related to your PAN card. : Verify the details related to your PAN card. Unrecognized Credit Accounts : Dispute the presence of loans or credit cards not belonging to you. : Dispute the presence of loans or credit cards not belonging to you. Missed or Delayed Payments Marked Inaccurately: In the event payments were made on schedule but were reported overdue, you can request correction through CIBIL. In the event payments were made on schedule but were reported overdue, you can request correction through CIBIL. Duplicate Accounts: Having the same account reported multiple times can negatively affect your score. To fix the said inaccuracies, you can visit the Dispute Resolution Portal by CIBIL, report your discrepancy, and follow the online progress. Correcting the said inaccuracies can improve your credit score and your overall financial situation. Improving your CIBIL score takes some time and involves being financially disciplined. Pay your credit card dues and your loan EMIs on time. Keep your balance under 30%. Avoid multiple loans during a short period. Maintain a mix of secured and unsecured loans. Check your CIBIL report regularly and settle the discrepancies. Avoid settling loans for less than the outstanding balance for fear of harming your score. Increase your line of credit, but avoid overusing the increased line. By following the given steps, you can gradually improve your CIBIL score, thus increasing your chances of getting approved for loans. There are some misconceptions about the CIBIL score. Let's debunk some myths: Myth: Checking your CIBIL score regularly lowers your score. Fact: Soft checks (self-inquires) will not affect your score; hard checks (lender checks) will. Myth: If you have a low CIBIL score, you can't ever get a loan. Fact: Some lending institutions also lend to individuals with low scores. However, the interest will likely be higher. Myth: Closing your old credit cards improves your CIBIL score. Fact: Keeping your cards alive will maintain the best possible length for your history, keeping your score strong. Regularly doing cibil score check pan card helps you know your credit health. This allows you to make changes for the inaccuracies, make informed financial plans, and establish your creditworthiness over the long term. For a hassle-free experience, you can access loans and financial products from platforms like StashFin through your CIBIL score. StashFin is also famous for instant approval, flexible repayment options, and instant disbursal, and thus is a very suitable option for the borrower. If you have a good credit history, you can access loans immediately with good interest rates and zero-hassle approval processes. Take control of your financial future by monitoring your CIBIL score through your PAN card, building your credit health, and making sound financial decisions TIME BUSINESS NEWS
Time of India
09-05-2025
- Business
- Time of India
Tax tribunal upholds Rs52cr as benami in Buldhana co-op society case
Nagpur: In a major boost to income tax department, Income Tax Appellate Tribunal (ITAT) at Delhi has upheld that as much as Rs52 crore lying in various accounts maintained in is .The case made headlines in 2021 when the income tax department raided the cooperative society and found funds in 870 accounts to be suspicious. Tired of too many ads? go ad free now The accounts were frozen. Out of these, 300-odd account holders disowned the amount in the accounts to be theirs. The rest claimed ownership of the IT department, on the basis of its findings, declared funds in the accounts of even those who claimed ownership to be benami. This means the funds go straight to govt exchequer. The persons who claimed ownership of the amounts filed an appeal with the tribunal, which was dismissed a couple of days was found that all the newly opened bank accounts in the society were without Permanent Account Number (PAN). Cash was deposited within days of opening the accounts. The amount in each transaction was kept below Rs2 lakh. Majority of the deposit slips were not signed by account holders, and the denomination of the currency notes deposited with the society was also not mentioned. Moreover, the accounts had scanty details filled up by hand. Some of the accounts did not have the holders' photographs, reads the tribunal's Urban Cooperative Society has a major presence in the region and it is also known as a major lender against gold.
News18
06-05-2025
- Business
- News18
Ather Energy IPO Listing Date: What GMP Signals Ahead Of NSE, BSE Debut Today
Last Updated: Ather Energy IPO Listing Date: Ather Energy IPO is set to debut on NSE and BSE today, May 06. Check listing price prediction and GMP today. Ather Energy IPO Listing Date: Ather Energy IPO's shares will make their debut on stock exchanges on Tuesday, 6 May. IPO allotment for unlisted shares has been finalised. The latest GMP signals either a flat or mild listing of Ather Energy IPO. The listing of Ather Energy IPO is scheduled to take place at 10:00 am today on the Bombay Stock Exchange (BSE) and National Stock Exchange (NSE). The three-day subscription window for the Rs 2,980.6 crore public issue was available between April 28, 2025 and April 30, 2025. Ather Energy IPO Subscription Status The initial public offering, which was open between 28 and 30 April, received an overall subscription of 1.50 times garnering bids for 7,67,49,068 shares against the 5,11,22,370 shares on offer. The retail category has been fully subscribed with 1.89 times subscription, while the NII got a 0.69 times subscription. The QIB category received a 1.76 times subscription. The price of the Rs 2,981-crore IPO was fixed in the range of Rs 304 to Rs 321 apiece. Ather Energy IPO GMP Today (Estimated Listing Price) According to market observers, unlisted shares of Ather Energy IPO are currently trading at Rs 335 apiece (estimated listing price), a 4 per cent premium (GMP) over the IPO price of Rs 321, indicating mild listing gains for investors. Earlier, it was trading at zero. The GMP is based on market sentiments and keeps changing. 'Grey market premium' indicates investors' readiness to pay more than the issue price. 1) Go to the official BSE website via the URL — 2) Select 'Equity' under 'Issue Type'. 3) Under 'Issue Name', select 'Ather Energy Limited' in the dropdown menu. 4) Enter your application number, or the Permanent Account Number (PAN). 5) Then, click on the 'Search' button, after clicking on the 'I'm not a robot' button. Your share application status will appear on your screen. You can also visit the registrar Link Intime India Pvt Ltd's portal — and check the Ather Energy IPO allotment status. About Ather Energy Ather Energy Limited, incorporated in 2013, is an Indian electric two-wheeler (E2W) company engaged in the design, development, and in-house assembly of electric scooters, battery packs, charging infrastructure, and supporting software systems. The company operates as a vertically integrated EV manufacturer focusing on product and technology development. First Published: May 06, 2025, 08:09 IST
