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Team Choice is a group of experienced financial content writers at Choice India dedicated to making the world of stock broking and financial services easier to understand. They deliver clear, reliable content on stock markets, IPOs, mutual funds, personal finance, and other financial services. Team Choice's goal is simple: help readers make sense of their money, one article at a time.

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Bajaj Finance Reports Q2 FY27 Business Growth

Bajaj Finance reported strong growth in its provisional business update for Q2 FY27, with assets under management (AUM), customer franchise and loan bookings recording year-on-year growth. The company's AUM rose 26.5% to around Rs.5.85 lakh crore as of September 30, 2026.

Vishal Nirmiti Limited IPO Subscription Update: Issue Subscribed 0.57 on Day 2

The Vishal Nirmiti IPO witnessed a muted investor response on Day 2 of bidding, with subscription levels gradually picking up during the session. On day 2 end the issue was subscribed 0.57 times overall. The Retail Individual Investors (RIIs) category was subscribed 0.47 times, while the Non-Institutional Investor (NII) category stood at 0.80 times. The QIB portion was subscribed 0.96 times at the time of update.

Nityas Gems and Jewellery Limited IPO Subscription Update: Issue Subscribed 0.69 Times on Day 2

The Nityas Gems & Jewellery IPO witnessed steady investor interest on Day 2 of bidding. As per the latest subscription data, the issue was subscribed 0.69 times overall. The Retail Individual Investors (RIIs) category was subscribed 1.31 times, while the Non-Institutional Investor (NII) category stood at 0.27 times. The QIB portion was subscribed 0.38 times, while the employee portion was subscribed 0.95 times at the time of the update.

Prabhhans Industries Open Offer: Acquirers to Buy 54.82 Lakh Shares at Rs 41.30

Prabhhans Industries Limited has received a public announcement for an open offer by Exigo Recycling Private Limited, Raman Sharma, Anagh Ojha and Pankaj Chopra, along with Persons Acting in Concert Kanika Gurjar and Ashok Sharma. The acquirers have offered to acquire up to 54,82,248 equity shares, representing 15.84% of the expanded voting equity share capital of Prabhhans Industries, at Rs.41.30 per equity share in cash.

SBI MF Acquires Additional Stake in Elevate Campuses

SBI Mutual Fund has acquired an additional 36,74,950 shares of Elevate Campuses Limited through the allotment of shares in the company’s Initial Public Offer (IPO). The acquisition was made on September 30, 2026, increasing SBI Mutual Fund's total holding from 84,25,377 shares (4.99%) to 1,21,00,327 shares (7.18%). The transaction resulted in SBI Mutual Fund's holding crossing the 5% disclosure threshold under the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Sarvamangal Mercantile Promoter Hridai Somani Offloads 0.20% Stake

Promoter Hridai Somani has sold his entire shareholding in Sarvamangal Mercantile Limited through an off-market transaction. A total of 500 equity shares, representing 0.20% of the company's total voting share capital, were disposed of by Hridai Somani. The transaction was disclosed to the stock exchange on November 25, 2025, under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.