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Business Standard

Sachin Bansal's Navi becomes sixth largest UPI player, overtakes Amazon Pay

Bengaluru-based fintech started cash-backs and rewards for customers in April

The Economic Times

Bridging the gap between MSMEs and B2B commerce: How Solv is driving innovation under Amit Bansal’s leadership

Solv, a B2B digital marketplace led by Amit Bansal, addresses the challenges faced by India's MSMEs. Launched in 2021, Solv connects small businesses with verified suppliers and integrates financial solutions to simplify procurement and access to credit. The platform aims to empower MSMEs by providing a comprehensive digital ecosystem.

CNBC TV18

Why Rama Steel Tubes shares surged 12% on Wednesday — explained

CEO Richi Bansal highlighted the positive impact on the company's earnings and its growing presence in the renewable energy sector.

Hindustan Times

‘Classist, elitist’: Delhi entrepreneur turns delivery agent, slammed for reaction to customer's tip

Akash Bansal, co-founder of a firm called Skyvik, faced criticism after describing his cash-on-delivery experience.

CNBC TV18

Here’s why Bansal Wire Industries stock rose by around 5% on Monday

The positive assessment from Investec is attributed to Bansal Wire Industries' strategic market positioning and business model. The company has managed to establish a strong presence in the highly competitive steel and stainless steel wire markets. Its ability to offer a diverse range of products and expand its customer base across various industries has been highlighted as a key strength.

Business Standard

Launched in 2019, Amazon Pay's UPI offering crosses 100 mn customers mark

Amazon Pay on Monday said its UPI offering is witnessing widespread adoption across the country with over 100 million customers using the service. Launched in 2019, Amazon Pay UPI has witnessed strong user preference from across big states of Maharashtra, UP, Bihar, West Bengal, Karnataka, the company said in a statement. The 18-24-year age bracket led the adoption of Amazon Pay UPI, it added. "We are humbled and proud that 100M customers have chosen Amazon Pay UPI as their preferred choice of online payment experience. We are excited to continue to innovate and expand our offerings to simplify lives and fulfil aspirations for millions across India," Amazon Pay India CEO Vikas Bansal said. Mobile recharges, utility bill payments and e-commerce transactions were among the top use cases of Amazon Pay UPI, the statement added.

Business Standard

Fintech co Navi collabs with Karnataka Bank to introduce credit line on UPI

At present, the Sachin Bansal-founded fintech company has introduced the offering to a closed group of select users. It plans to launch it to a wider user base based on feedback

The Economic Times

Sachin Bansal's Navi partners with Karnataka Bank to launch credit lines on UPI

Mangaluru-headquartered Karnataka Bank will offer credit lines to Navi’s users. This is currently available to a group of pre-qualified users but will be launched for more users based on customer feedback.

The Economic Times

F&O Radar | Deploy Debit Spread in Dalmia Bharat to gain from potential up-move

Dalmia Bharat stock faced resistance at 2,630 in January and a low of 1,651 in June. Showing upward potential around 1,915, it’s above 10, 20, 50-day EMAs, below 200-day EMA. Outperforming peers with bullish MACD, despite volatility. Daily supports 20 EMA; higher lows since May'24. Bansal recommends Debit Spread strategy with payoff graph, cautioning due to volatile swings.

Business Line

Bansal Wire ends 37% higher on listing day at ₹350.30

Kotak Mahindra MF mops 24.62 lakh shares at ₹350.15/share

Business Standard

Paytm Payments Bank appoints ex-IDBI Bank executive Arun Bansal as new CEO

Reserve Bank of India (RBI) had approved Bansal's appointment as the MD and CEO of the payments bank, he communicated on June 20 to IDBI Bank

Business Line

Emcure Pharma, Bansal Wire end Day 1 of listing on strong note

Kotak Mutual Fund buys 24.62 lakh shares of Bansal Wire at ₹350.15 each

Business Line

Bansal Wire soars with 39.4% listing gains on stock debut

Despite this success, caution is advised due to the challenges posed by the Bansal Wire’s operations in a competitive and fragmented market

Business Line

IPO screener: Bansal Wire to debut on bourses with strong subscription

Issue price fixed as ₹256

Business Standard

Mazgon Dock crosses Rs 1 trn mcap, Bansal Wire booked 5.72 times on day 2

Motilal Oswal Nifty India Defence Index Fund collected Rs 1,676 crore during the new fund offer period

Business Standard

Bansal Wire Industries' IPO gets subscribed 5.72 times on Day 2 of offer

The initial public offer of steel wire manufacturer Bansal Wire Industries received 5.72 times subscription on the second day of bidding on Thursday. The initial share sale received bids for 12,28,12,970 shares against 2,14,60,906 shares on offer, according to NSE data. The quota for non-institutional investors was subscribed 12.16 times while the portion for Retail Individual Investors (RIIs) fetched 6.18 times subscription. The Qualified Institutional Buyers (QIBs) part received a mere 9 per cent subscription. Bansal Wire Industries on Tuesday said it has collected over Rs 223 crore from anchor investors. The public issue is an entirely fresh issue of equity shares worth Rs 745 crore, with no offer-for-sale (OFS) component. The issue, with a price band of Rs 243-256 per share, will close for public subscription on July 5. Funds will be used for the payment of debt, to support the working capital requirements of the company, and for general corporate purposes. Bansal Wire Indus

Mint

Bansal Wire Industries IPO: Issue subscribed 5.73 times on day 2; check subscription status, GMP and other details

The issue has so far been subscribed over 5.73 times on the second day of bidding. On the second day, the Bansal Wire Industries IPO received 12,28,88,254 applications against offered 2,14,60,906 shares.

Mint

Bansal Wire IPO: From financials to key risks, here are 10 key things to know from RHP before investing

Bansal Wire IPO: The issue that is open for subscription started on 3, July 2024 and closes on 5, July, 2024. From financials to key risks, here are 10 key things to know from RHP before investing

Business Standard

Steel manufacturer Bansal Industries' IPO subscribed 1.76 times on Day 1

The initial public offer of steel wire manufacturer Bansal Wire Industries received 1.76 times subscription on the first day of bidding on Wednesday. The initial share sale received bids for 3,77,76,154 shares against 2,14,60,906 shares on offer, according to NSE data. The quota for Retail Individual Investors (RIIs) got subscribed 2.47 times while the portion for non-institutional investors fetched 2.44 times subscription. The Qualified Institutional Buyers (QIBs) part received 1 per cent subscription. Bansal Wire Industries on Tuesday said it has collected over Rs 223 crore from anchor investors. The public issue is an entirely fresh issue of equity shares worth Rs 745 crore, with no offer-for-sale (OFS) component. The issue, with a price band of Rs 243-256 per share, will be open for public subscription during July 3-5. Funds will be used for the payment of debt, to support the working capital requirements of the company, and for general corporate purposes. Bansal Wire Indust

Business Standard

Bansal Wire Industries IPO subscribed 1.76 times

The offer received bids for 3.77 crore shares as against 2.14 crore shares on offer.

Business Standard

Bansal Wires IPO Day 1: Check subscription status, GMP, lot size here

The initial public offering (IPO) of Bansal Wire Industries, valued at Rs 745 crore, garnered strong interest from both retail and non-institutional investors, achieving full subscription on Wednesday

Hindustan Times

Bansal Wire IPO opens: Should you subscribe to the ₹745 crore issue?

Net proceeds from the IPO will be used by the company towards repayment of debt, working capital requirements and general corporate purposes.

Business Line

IPO screener: Bansal Wire Industries issue opens at ₹243-256 price band

Bansal Wire Industries mopped up ₹223.50 crore from anchor investors

Business Standard

Bansal Wire IPO opens on July 03; check price band, GMP, should you bid?

The Bansal Wire IPO subscription period opens on July 3, 2024, and closes on July 5, 2024

Business Standard

Here's how much 30 companies plan to raise through IPOs in coming months

Expected IPOs in the coming months include those of Ola Electric, FirstCry, Waaree Energies, Fincare Small Finance Bank, Bansal Wire Industries, NSDL, among others