Become a logicalchat Member

Latest Post

What are Your Biggest Financial Challenges for Canadians?

Canadians are known for their resilience, but there's no denying that our financial landscape is getting tougher. From rising inflation to staggering housing costs,...

Your story starts here. Sign up and let's connect in ways that truly matter!

HomeNewsIndian NewsBrisk Demand: SME IPOs Fonebook, DelaPlex, Docmode Fully Subscribed; Brisk Oversubscribed Over...

Brisk Demand: SME IPOs Fonebook, DelaPlex, Docmode Fully Subscribed; Brisk Oversubscribed Over 30x on Final Day

Brisk Demand

Medi Assist

Medi Assist

Invest Wisely

SME IPO: Brisk Technovision was subscribed over 31 times, on the final day of bidding.

Investors snapped up Fonebook, DelaPlex, and Docmode Health Technologies IPOs on the first day. On the last day of bidding, Brisk Technovision was subscribed over 31 times. Let’s examine SME IPOs.


Fonebook Retail (Fonebook) IPO:

  • Fully subscribed on the first day of bidding.
  • Retail investors subscribed over eight times, NIIs bought 1.84 times the allotted quota.
  • IPO opened on January 25, to close on January 30.
  • Price band: Rs 66-70 per share.
  • Offer size: Rs 20.37 crore.

DelaPlex IPO:

  • Subscribed 8.5 times on the first day of bidding.
  • Retail investors subscribed 2.9 times, NIIs bought 1.38 times, and QIBs booked 57% of their portion.
  • IPO opened on January 25, to close on January 30.
  • Price band: Rs 186-192 per share.
  • Offer size: Rs 46.08 crore.

Docmode Health Technologies IPO:

  • Subscribed 1.6 times on the first day of bidding.
  • Retail portion booked 2.94 times, NIIs picked 31% of the allotted quota.
  • IPO opened on January 25, to close on January 30.
  • Price: Rs 79 per share.
  • Aiming to raise Rs 6.71 crore.

Brisk Technovision IPO:

  • Subscribed 31 times on the last day of bidding.
  • Retail investors subscribed 24.76 times, NIIs bought 37.72 times their portion.
  • IPO opened on January 23, closed on January 25.
  • Price: Rs 156 per share.
  • Offer size: Rs 12.48 crore.

Must read book about investing– check here

Brisk Demand Brisk Demand Brisk Demand Brisk Demand

Bitcoin is a unique digital currency different from regular money because it’s decentralized, meaning there’s no big bank or government controlling it. Instead, a network of computers around the world works together to manage and verify transactions. Imagine a giant public ledger that keeps track of every Bitcoin transaction ever made – that’s the blockchain. Each transaction is like a block in a chain, and they’re all linked together. What makes Bitcoin special is its limited supply. There will only ever be 21 million bitcoins, creating a sense of scarcity. The process of creating new bitcoins, called halving, happens every four years, making it a bit like digital gold. 

And where do you keep your bitcoins? In a digital wallet. Think of it like a digital purse or pocket. You can have software wallets on your computer or phone or use physical hardware wallets for extra security. Bitcoin is a cool digital currency that’s decentralized, uses fancy math to stay secure, has a limited supply like digital gold, and is maintained by a global network of computers working together. It’s like money, but with a digital twist.  

To buy Bitcoin in Canada, you can follow these general steps. Keep in mind that the specific process may vary based on the platform you choose and any regulatory changes that may have occurred 

 

Due to regulatory requirements, most exchanges in Canada will require you to verify your identity. This often involves submitting documents such as a government-issued ID, proof of address, and sometimes a selfie.  

 

Time to fuel your venture. Deposit Canadian dollars into your exchange account, and here’s where the magic happens. Navigate to the trading section, where you’ll place your buy order for Bitcoin. You decide the amount or the CAD you wish to invest. 

Keeping up with the times is crucial. Stay informed about the dynamic regulations in Canada and understand the tax implications of your cryptocurrency adventure. 

Remember, it’s not just about buying Bitcoin; it’s about understanding and winning in the game too. So, enjoying the journey but keeping our eyes open is a must. Let us hope that our Bitcoin endeavors be as thrilling as the world of crypto itself. 

Invest Wisely Invest Wisely Invest Wisely Invest Wisely Invest Wisely

Related Post