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Smartworks Coworking Spaces, a customised managed workspace solutions provider, launched its ₹582.56 crore Initial Public Offering (IPO) on July 10, 2025. The issue will remain open until July 14, 2025. Subscription Breakdown by Investor Category The IPO received bids for 52.21 lakh equity shares against the total offering of 1.04 crore shares, achieving a 50% […]

Writing a will might sound like something reserved for the wealthy or elderly. But as many legal experts and personal finance professionals emphasize, having a will is crucial for everyone, especially those with dependents, modest savings, and responsibilities. In this article, we demystify the process of writing a will, the legal nuances involved, and why […]

ICICI Prudential Asset Management Company (AMC) has filed its Draft Red Herring Prospectus (DRHP) with Securities and Exchange Board of India (SEBI) for an Initial Public Offering (IPO). The issue size could be ₹10,000 crores, in which 1.7 crore shares will be an Offer for Sale (OFS). The AMC is a joint venture between ICICI […]

In May 2016, astronauts aboard the International Space Station discovered a crack in one of their windows. The culprit? A speck of paint no bigger than a grain of sand, hurtling through space at 17,500 mph. This tiny fragment barely visible to the naked eye, carried enough kinetic energy to damage humanity’s most expensive laboratory […]

One year ago, we launched a new YouTube channel called Markets by Zerodha (We know, a highly imaginative name). The first show we started on the channel was called The Daily Brief, a daily podcast where we simplified what we considered the 2-3 most interesting stories in finance, business, and the wider economy. We felt […]

The Indian F&O market has grown significantly over the past five years, and this has triggered various market reactions. In November 2024, SEBI implemented a range of measures targeted at reducing market volatility, especially from daily index expiries—including limiting weekly expiries to only Nifty and Sensex contracts, increasing the lot size from 5-10L to 15-20L, […]

Meesho, an ecommerce platform that connects a diverse range of products directly from manufacturers to resellers and consumers, filed its confidential Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The total issue size is $500 million, which is approximately Rs 4,250 crores. The company’s merchant bankers for the Initial […]

Shadowfax Technologies, a leading logistics and delivery service provider based in Bangalore, has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI). The total issue size is expected to be in the range of ₹2,000 crore to ₹2,500 crore. As per the DRHP, the IPO is likely to […]

Over 50 percent of the freshwater that is sourced, cleaned and pumped into municipal waterpipes either leaks out, is stolen or not paid for. This is Non-Revenue Water – NRW or Unaccounted For Water UFW. Most of India dumps its shit into septic tanks, which need cleaning out every few years. The sewage pipes that […]

The Ministry of Finance has asked PSU to list their subsidiaries on the stock markets. About 15 companies are preparing for the IPO. The Ministry issued the directive as a component of a broader plan to increase returns on state-owned capital, unlock value, and strengthen governance. These banks are likely to launch IPOs of subsidiaries […]

If you’ve been hitting the gym regularly for years, you know that feeling when it starts getting repetitive. You’re still showing up because it’s become second nature, but the spark isn’t quite there anymore. You start wondering, what else can I do to make this more interesting? Maybe something competitive and that feels less lonely? […]

Trading involves much more than just buying and selling stocks. Traders today have multiple requirements, such as placing large orders without revealing their order size or intent, setting up long-standing orders that work months later, and executing complex strategies that involve taking multiple positions. Which is why we have built advanced order on Kite to […]

For retail investors, investing often feels like a search for the next best way to lose money. And lately, the hot new way to do that is by buying unlisted or pre-IPO shares. These are shares of companies that haven’t yet been listed on the stock exchanges. When a company is listed on the stock […]

PhonePe, India’s leading digital payments platform and a subsidiary of Walmart Inc., is preparing to file its draft red herring prospectus (DRHP) with Indian regulators by early August. The company aims to raise up to $1.5 billion through an initial public offering (IPO), which could value the fintech major at approximately $15 billion, according to […]

Most of us had sports as a subject in school that we actually enjoyed. Some of us liked this period even more than the theoretical classes; sports gave us instant dopamine that sometimes studying never could. Playing with friends on playgrounds and running tracks was pure fun. Gully cricket was even better. India’s cricket culture […]

We often hear stories of people stumbling upon old share certificates tucked away in cupboards or piles of documents—sometimes worth lakhs. However, the initial excitement usually gives way to a common question: What should I do with these? There was a time when owning shares meant holding actual paper certificates with your name on them. […]

Ecommerce platform, Meesho, is getting ready to submit a confidential IPO application in Mumbai in the coming weeks. Moving its headquarters from Delaware USA to India can be considered a necessary step in the process. The estimated IPO issue size for Meesho is $700 to $800 million. Despite difficult market conditions, the Softbank backed startup […]

National Securities Depository Ltd (NSDL), the first electronic securities depository in India, is proceeding with its IPO to raise Rs 3421.6 crores. As per the DRHP, 50.1 million shares will be included in the offer. The IPO is set as an offer for sale by the current shareholders that include State Bank of India, National […]

We’ve always believed that playing sports is so much more than just games. It’s a powerful way to stay healthy, find your community, and push your limits. At Zerodha, sports is a shared language that connects all of us. That’s why, at Rainmatter, alongside our usual focus on fitness and preventive health, we’ve recently backed […]

When Kuldeep and his brother Shivam started exploring retirement planning in India, they uncovered a crisis hiding in plain sight. Traditional Indian families used to rely on children caring for elderly parents, but the shift to nuclear families has left many seniors financially vulnerable. As social structures changed, people stopped supporting their parents as much […]

There’s a paradox at the heart of financial services: What’s good for financial institutions is rarely good for you. All of the shady practices we see and the depressing stories we hear can be explained by this paradox. One of the more depressing manifestations of this paradox is dark patterns. Dark patterns are design practices […]

If you’re an Indian citizen living abroad, you’re considered a Non-Resident Indian (NRI) under the Foreign Exchange Management Act (FEMA) when you spend more than 182 days outside India in a financial year. Once your residency status changes, Indian laws require you to stop using your regular resident savings account and convert it into a […]

Caveat: This is a speculative post on what the rise of artificial intelligence (AI) means for one’s personal finances. The post has more questions than answers, so much so that you might even think, “What the hell is this fellow saying?” This is deliberate.  Given the inherent uncertainty associated with AI, any opinion on it […]

If you live in Bangalore, the water crisis is a story you know all too well. As summer rolls in, the city starts scrambling to meet its water needs. Tankers become a common sight, crawling along the roads and headlines scream about the water crisis, skyrocketing tanker prices, and give dire warnings about groundwater reserves […]

The Margin Trading Facility (MTF) is a service that allows you to buy shares by paying only a portion of the total cost. Zerodha funds the remaining amount, and interest is charged on it. Since launching Margin Trading Facility (MTF) last year, we have been working on making several enhancements to improve your MTF experience. […]