Urban Company IPO closed with a massive 103.6x subscription, led by QIBs and NIIs. Allotment will be finalised on September 15, with listing on September 17. GMP stands at Rs 56, indicating a potential 54% listing gain, though actual price may vary with market sentiment.
Dev Accelerator IPO closed with a stellar 64x subscription, led by massive retail demand. Allotment will be finalised on September 15, with listing on September 17. GMP indicates a likely 16% listing gain, though the actual price may vary with market sentiment.
The GST Councils move to exempt retail health and life insurance from 18% tax will lower premiums, boost affordability, and accelerate penetration, positioning insurers for stronger growth despite short-term transition disruptions and ITC-related adjustments.
Infosys announced its biggest-ever Rs 18,000-crore share buyback, offering Rs 1,800 per share nearly an 18% premium to market price. This is its first tender-route buyback since 2017 and aligns with its capital allocation policy to return 85% of free cash flow.
Debt mutual funds saw net outflows of 7,979 crore in August 2025, reversing Julys robust inflows of 1.07 lakh crore, mainly due to liquid fund redemptions and institutional cash management ahead of advance tax payments.
Sebi has approved key reforms in the mutual fund space, slashing the maximum exit load to 3%, revising distributor incentives for B-30 cities, and introducing special incentives to boost womens participation in investments.
Sebi has halved the minimum public offer requirement for mega IPOs, paving the way for Reliance Jio and NSE to list without flooding markets. The move is expected to ease liquidity concerns and support Indias biggest-ever public offerings in 2026.
Sebis new SWAGAT-FI framework offers diplomatic passport status to trusted foreign investors like sovereign funds and pensions, easing entry, extending registration validity to 10 years, and simplifying compliance a move aimed at stabilising FII flows and attracting long-term global capital.
Indias bond market is gaining strength from the governments fiscal prudence, reaffirmed 4.4% deficit target, and upcoming debt-to-GDP framework, creating confidence and stability for long-term investors despite global yield pressures and trade tensions.
