Share market and investment articles

The initial public offering (IPO) of the Indian Railway Finance Corporation (IRFC) is set to open on 18 January 2020. Valued at Rs 4,633 crore, it will be the first IPO from a public-sector non-banking financial company (NBFC). IPO Details IPO will be open from 18 January to 20 January. Price of the IPO is Rs 25 to 26 per equity share. The market lot size is 575 shares, which means the minimum order quantity to bid at the IPO will be 575 shares. A retail-individual investor can apply for a maximum of 13 lots (7475 shares). Shares of the company will be listed on BSE and NSE. The IRFC IPO will comprise of up to 178.20 crore shares, which will include a fresh issue of up to 118.80 crore shares and offer for sale (OFS) of up to 59.40 crore shares by the government, as per its draft prospectus. At the the upper price band, the company hopes to raise Rs 4,633 crore and at the lower end Rs 4,455 crore. Ahead of the IPO, on Friday, IRFC raised Rs 1,390 crore from...

Personal Finance deals with realizing an individual's financial goals, saving for future be it through short term, medium-term or long-term plan, planning for retirement, saving for children's education or marriage and so on. It mainly depends on an individual's income, expenditure, goals, living requirements and the plan chalked out to fulfil those goals within the financial constraints.            Today's era, it is very important to be financially literate to make the most of your income and expenses. Knowing finance helps individuals to differentiate between good and bad financial advice and thus make a better decision to reach the desired goal. How to Improve Personal Finance?   Despite having secured a good education, people fail to manage their money as they will not be having a fair practical idea as to how to deal with their earned money. In some cases, though people are employed and earn for their livi...

As an investor, you have a choice of investing in shares or equity mutual funds. When you invest in shares, you tend to invest directly, and you are a shareholder. In the case of equity mutual funds, you buy units of the fund, which in turn invests the amount in equity shares.      In short, you can buy shares directly in your name or you can buy equity mutual fund units, which in turn buys shares from the market. Shares are initially issued by a company, to get themselves listed, while mutual fund units are issued by mutual funds to invest in equities, if they are mandated to do so.  Why go through mutual funds?   Fund managers of equity mutual funds have the expertise, which is why many investors tend to also buy equity mutual fund units. Typically, when you buy shares there is a lot of fundamental analysis that is involved. Equity fund managers have a dedicated team of equity research analysts, who arrive at reasonable valuations for s...