Invest Aaj For Your Future

ITC Limited, one of India's largest conglomerates, has announced the demerger of its hotel business into a separate entity, ITC Hotels. This strategic move, effective from January 1, 2025, marks a significant shift in the company’s structure and operational focus. Shareholding and Financial Details Share Allocation: Post-demerger, ITC Limited shareholders will directly hold a 60% stake in ITC Hotels. The remaining 40% will be retained by ITC Limited. Capital Transfer: To support ITC Hotels’ growth initiatives, ITC Limited will transfer ₹1,500 crore to the new entity, ensuring smooth operations and funding for future expansions. Key Dates for Investors Record Date: January 6, 2025, has been set as the date to determine shareholders eligible for receiving ITC Hotels shares. Listing Timeline: ITC Hotels’ shares are expected to be listed on the stock exchanges within 60 days of receiving approval from the National Company Law Tribunal (NCLT) on December 16, 20...

Mamata Machinery, a prominent player in the packaging machinery industry, made waves in the stock market with its highly successful Initial Public Offering (IPO). Listed on December 27, 2024, the shares made a robust debut on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE), opening at ₹600 per share. This marked a remarkable 147% premium over the IPO issue price of ₹243. Key IPO Highlights The IPO was launched with a price band of ₹230–₹243 per share, aiming to raise ₹179.39 crore. This offering consisted of 74 lakh shares, sold by promoters and other stakeholders. Investor response was exceptional, with the issue being oversubscribed by 194.95 times. This strong interest came from retail participants, institutional investors, and high-net-worth individuals, demonstrating widespread confidence in the company. Grey Market Premium and Listing Gains Prior to its market debut, Mamata Machinery’s shares were trading at a grey market premium (GMP...

Lotus Developers Ltd, a prominent player in Mumbai’s real estate market, has taken a significant step toward launching its Initial Public Offering (IPO) by submitting its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI). The company aims to raise approximately ₹800 crore to ₹1,000 crore through this public offering, reinforcing its position in the competitive real estate sector. Company Overview Founded in 2003 by Anand Pandit, Lotus Developers has made a name for itself in the luxury real estate market in Mumbai. Specializing in high-end residential and commercial projects, the company has established a portfolio of iconic developments. Notable Projects: Residential: Projects like Lotus Anaya, Lotus Araya, Lotus Amalfi, and Lotus Atlantis highlight the company's focus on luxury living. Commercial: Developments such as Lotus Corporate Park, Lotus Business Park, and Lotus Signature showcase its expertise in creating premium commercia...