Recession is defined as the period when the economic activities, i.e., demand and supply breakdown below the normal level of momentum in the economy. Gross domestic products (GDP) is used as a key indicator to assess the rate of growth of an economy. Quarterly data of real GDP growth provides a decent indication of the ongoing economy.
Is Sambhv Steel Tubes’ IPO a risky bet for investors?
Sambhv Steel Tubes is launching an IPO to raise ₹400 crore for debt repayment and ₹100 crore through an OFS, diluting promoter stake to 56%.