Indian stock markets snapped four days of losses on Thursday, December 16, 2021, and ended on a positive note. The run was largely led by gains in IT stocks, amid a volatile session. The Sensex at the Bombay Stock Exchange rose 113 points, or 0.20%, to end the day at 57,901. The Nifty of the National Stock Exchange closed 27 points, or 0.16%, higher at 17,248. But certain stocks came in the news after the market was closed. These stocks can impact the indices when it reopens on Friday, December 17, 2021. List of such five stocks:

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Listing + IPO Update: RateGain Travel Listing + Supriya Lifescience IPO + HP Adhesives IPO + Data Patterns IPO

RateGain Travel Listing: Shares of RateGain Travel Technologies, distribution technology and Software-as-a-Service (SaaS) company, will be listed on the bourses, NSE & BSE, today. The issue price for the Rs 1,336 crore IPO was Rs 425 per equity share. The issue closed with 17.41 times subscription. The Qualified Institutional Buyers (QIBs) portion was subscribed 8.42 times, while the Non-Institutional Investors (NII) and Retail Individual Investors (RIIs) portions were subscribed 42.04 times and 8.08 times respectively. The portion reserved for employees was subscribed 1.37 times. The IPO comprised of a fresh issue of equity shares aggregating up to Rs 375 crore and an offer-for-sale (OFS) of up to 2.26 crore equity shares worth Rs 961 crore by promoters and existing shareholders. The retail investors can place a bid for a lot of 35 Equity Shares and in multiples thereof.

Supriya Lifescience IPO: The initial public offering (IPO) of Supriya Lifescience Limited, a manufacturer and supplier of Active Pharmaceutical Ingredients (API), was subscribed 2.33 times on Thursday, the first day of bidding. The Non-Institutional Investors (NIIs) and Retail Individual Investors (RIIs) portions were subscribed 0.66 times and 11.84 times, respectively. The three-day issue will close on Monday, December 20, 2021. The offer price has been fixed at Rs 265-274 per equity share. The company has plans to raise up to Rs 700 crore through this public offer. The issue comprises a fresh issue of up to Rs 200 crore and an offer for sale (OFS) of up to Rs 500 crore. Investors can bid for a minimum of 54 equity shares and in multiples of 54 shares thereof. Retail investors can invest a minimum of Rs 14,796 for one lot, and their maximum investment is Rs 1,92,348 for 13 lots.

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HP Adhesives IPO: The initial public offering (IPO) of HP Adhesives Limited, an adhesive and sealants company, was subscribed 8.03 times on Thursday, the second day of bidding. The Qualified Institutional Buyers (QIBs) portion was subscribed 0.34 times, while the Non-Institutional Investors (NIIs) and Retail Individual Investors (RIIs) portions were subscribed 1.90 times and 40.29 times, respectively. The three-day issue will close today, i.e., on Friday, December 17, 2021. The company has fixed a price of Rs 262-274 per equity share. The company has plans to raise up to Rs 125.9 crore from the primary market. The issue comprises a fresh issue of 41,40,000 equity shares worth Rs 113.44 crore and an offer for sale (OFS) of 4,57,200 equity shares worth Rs 12.5 crore. A retail investor can place a bid for a minimum of 50 equity shares and in multiples thereof.

Data Patterns IPO: The initial public offering (IPO) of the vertically integrated defence and aerospace electronics solutions provider Data Patterns (India) Limited closed on Thursday with 119.62 times subscription. The Qualified Institutional Buyers (QIBs) portion was subscribed record 190.86 times while the Non-Institutional Investors (NIIs) and Retail Individual Investors (RIIs) portions were subscribed 254.22 times and 23.14 times, respectively. The company had fixed a price range of Rs 555-585 per equity share for an issue worth Rs 588 crore. The issue comprised a fresh issue of up to Rs 240 crore and an offer for sale (OFS) worth Rs 348 crore.

IT Stocks in Focus: Global technology firm Accenture, which follows the September-August financial year, has posted strong first-quarter results and reported a 27% growth in revenue to $15 billion. The company's operating income grew by 29% to $2.43 billion, with an operating margin of 16.3%, an expansion of 20 basis points. The new bookings jumped by 20%. The company has declared a quarterly cash dividend of $0.97 per share. Accenture has raised its business outlook for fiscal 2022 and expects full-year revenue growth of 19% to 22% and expects 10-30 bps expansion in the margin. Margin guidance for 2022 stands at 15.2% to 15.4%. It has also increased its guidance for operating cash flow and expects that it will stand in a range of $8.4 billion to $8.9 billion compared with $8.2 billion to $8.7 billion provided earlier.

Indiabulls Housing Finance: From Bulk/ Block Deal  

Seller 

Sameer Gehlaut ~ 4.74 crore share ( 10.26% Holding )  

Buyer 

BREP ASIA II INDIAN HOLDING CO V (NQ) PTE LTD ( Blackstone) ~ 1.05 crore share 
ABU DHABI INVESTMENT AUTHORITY ~ 58 lakh share 
MORGAN STANLEY ASIA (SINGAPORE) PTE. ~ 27.32 lakh share 
TOSCA FOCUS ~ 29.12 lakh share 
PRUSIK UMBRELLA UCITS FUND PLC ~ 29.12 lakh share 
INVESCO MUTUAL FUND - INDIA CONTRA FUND ~ 35.1 lakh share 

Besides, Sameer Ghelaut in a press release says, I have sold 11.9% in the company with a view to make the company a fully professionally managed and run company. With this sale, I and my promoter companies now own 9.8% of the company. I intend to hold these shares and participate in the future growth story of the company. He added, I will be resigning from the board of the company by end of the current fiscal ending March 31, 2022, and will be completing the process of de-promotorization of the company with requisite approvals.

Auto Stocks: Diesel vehicles that have completed 10 years on January 1, 2022, in Delhi will be deregistered by the city government. However, no objection certificate (NOC) would be issued for these vehicles so that they can be re-registered in other places.

Mazagon Dock Shipbuilders: Board of Directors of the Company is scheduled to meet on December 28, 2021, to consider the declaration of Interim Dividend for the financial year 2021-22. Besides, the company has fixed January 7, 2022, as the Record Date for reckoning eligibility of shareholders for the purpose of payment of Interim Dividend.

Tarsons Products: The company has provided its half-yearly update for H1FY22 and said the overall demand environment for the Company’s products remained strong in H1FY22 despite localised lockdowns in various parts of the country during the period. In H1FY22, Company’s revenues grew by around 40% on a YoY basis on the back of strong growth in both domestic and export business. EBIDTA margins for H1FY22 stood at around 52%. This is compared to EBITDA margins of 46.5% for the year ended March 2021.

Latent View: The mandatory lock-in period of 30 days for anchor investors ends today.

Union Bank: LIC has increased its stakes in the public sector lender from 3.157% to 5.167% between March 2020 and December 2021.  

Promoter Action 

Paisalo Digital: Promoter has bought 50,040 shares on December 16, 2021.  
LINC Pens: Promoter has bought 17,000 shares on December 15, 2021. 
LG Bala: Promoter has sold 85,000 shares on December 13, 2021.