The IPO consists of the issuance of fresh equity shares worth Rs 455 crore, whereas existing shareholders and promoters will offload shares worth Rs 300 crore via offer for sale (OFS).
Shares of IFCI, SBI, and other companies saw significant gains on Thursday. This surge followed the National Stock Exchange filing its draft IPO papers. Several
The Federal Reserve’s hawkish stance has surprised markets, with revised inflation forecasts and the dot plot indicating a commitment to higher rates for longer. While
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