The proposed IPO will value the retail chain at Rs2500 crore, sources said. About Rs300 crore will be raised as primary capital while Rs400 to be raised through a secondary share sale.
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,
Reliance Jio’s proposed Rs 37,700-crore IPO has received Sebi approval, bringing the much-awaited listing closer. While the offering could value Jio Platforms at nearly Rs
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