“AIF is now Rs 6 lakh crore industry. Alternative Investment Funds offer diversification and can give access to unlisted companies,” says Mr. Ajay Vora, Executive Vice President & Fund Manager, Investment Management, Edelweiss Wealth.
Kusumgar IPO Day 3: Issue ends subscription with 129x bids; GMP signals 38% listing upside
Kusumgar’s Rs 650-crore IPO concluded with overwhelming investor demand on its final day. Non-Institutional Investors and Qualified Institutional Buyers showed significant interest in the offering.