India Daybook: September 19, 2025

📍 IPO ACTIVITY

• Saatvik Green Energy IPO: The Initial Public Offering (IPO) for Saatvik Green Energy opened for subscription today, September 19, 2025, and is set to close on September 23, 2025. This book-building issue aims to raise ₹900 crore, with tentative listing on September 26, 2025.

• GK Energy IPO: GK Energy Limited's IPO also commenced today, September 19, 2025, with the subscription window closing on September 23, 2025. The ₹464.26 crore IPO has a price band of ₹145-₹153 per share and is tentatively scheduled for listing on September 26, 2025. GK Energy specializes in engineering, procurement, and construction (EPC) services for solar-powered agricultural water pumping systems.

• Euro Pratik Sales IPO: Allotment for the Euro Pratik Sales IPO is expected to be finalized today, with a tentative listing date set for September 23, 2025.

• L.T. Elevator IPO: This IPO is tentatively scheduled for listing on the BSE SME platform today, September 19, 2025.

📍 ORDER WIN

• Capacite Infraprojects: The company has secured a significant order valued at ₹15.2 billion for the construction of ultra-luxury residential towers in Mumbai. This project includes cutting-edge features like penthouses and a clubhouse with views of the Arabian Sea and the Willingdon Golf Course.

📍 CORPORATE DEVELOPMENTS

• Yes Bank: Sumitomo Mitsui Banking Corporation (SMBC) has completed the acquisition of a 20% stake in Yes Bank. This acquisition was made through a secondary purchase of shares from State Bank of India and other banks, leading to SMBC nominating two directors to Yes Bank's board.

• Adani Group Stocks: The Securities and Exchange Board of India (SEBI) has dismissed allegations of stock manipulation made by Hindenburg Research against the Adani Group, stating that the accusations could not be established. The market regulator has disposed of any possibility of a penalty or proceedings against Gautam Adani, Rajesh Adani, Adani Ports, and Adani Power.

• OIL India: The Chairman and Managing Director of OIL India, Ranjit Rath, confirmed that there has been no impact on the company's Russian assets or dividends despite recent Ukraine drone attacks in Russia.

• Indosolar Limited: Waaree Energies Limited, the promoter of Indosolar Limited, proposes to sell 61,00,000 equity shares, representing 14.66% of its paid-up capital, through an Offer for Sale (OFS) on September 18 and 19, 2025. This sale aims to comply with minimum public shareholding requirements, with retail investors able to place bids today.

• FDC Limited: The CEO compensation at FDC Limited is considered fair due to the company's strong recent performance, which includes a 14% growth in earnings per share (EPS) over the past three years and a 73% total shareholder return.

• Senores Pharma: The company has invested $2 million in its arm, Senores Pharmaceuticals Inc, via a rights issue.

📍 DIVIDEND ANNOUNCEMENTS

• Over 100 companies are trading ex-dividend today, September 19, 2025.
• Notable companies include National Securities Depository Ltd (NSDL), Mazagon Dock Shipbuilders Ltd, Bharat Dynamics Ltd, National Aluminium Company Ltd (NALCO), Gujarat Alkalies and Chemicals, Ambika Cotton Mills, LT Foods, Southern Gas, Victoria Mills, and Gulf Oil Lubricants India.
• Southern Gas and Victoria Mills announced a final dividend of ₹50 per share, while Gulf Oil Lubricants India declared ₹28 per share. NSDL's record date for its dividend is also September 19, 2025.

📍 BOARD MEETINGS

• DEE Development Engineers Limited (DEEDEEV): The board is scheduled to meet today to consider fund-raising activities.
• Rajesh Exports Limited (RAJESHEXPO): A board meeting is slated for today to consider and approve the financial results for the quarter ended June 30, 2025.

TAGS: India Daybook, Stocks in News, Corporate News, Stock Market, Company News

Tags: India Daybook Stocks in News Corporate News Stock Market Company News