Top Picks

Gemini : SBI Funds Management IPO GMP

SBI Funds Management IPO Sees Strong Demand On Second Day of Bidding- Check GMP, Price Band and Lot Size

SBI Funds Management IPO has been fully subscribed on the second day of subscription. The grey market premium (GMP) for the asset management company's shares hints at a healthy debut for the stock

BY Ayush Khar

Calculate & Plan your future with ICICI Prudential Life's retirement calculator

What Is An Open Offer Buyback?
What Is An Open Offer Buyback?

A share buyback allows a listed company to use its capital to buy its own outstanding shares from the secondary stock market. The Securities and Exchange Board of India (Sebi) announced the reintroduction of open market share buyback on June 19, 2026. Now, listed companies will be able to undertake share buyback through the open market offer route from August 1, 2026. The reintroduction provides regular retail shareholders an additional avenue to sell their shares directly on stock exchanges during the active buyback period, thus enhancing transparent market prices.

BY Ayush Khar

Magazine Home