The quota for retail bidders was subscribed 3.7 times, whereas the allocation for HNI investors fetched 16 per cent bidding. The quota for institutional investors did not garner any bids yet.
India’s room air conditioner market anticipates a boost from an extended summer and El Niño, though growth is tempered by conservative dealer inventory stocking. While
Life Insurance Corporation of India will not sell its stake in the National Stock Exchange’s IPO. LIC holds a significant 10.7% stake in NSE. The
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