The company will also raise up to ₹425 crore through an offer for sale by the promoter group whose shareholding will fall to over 75% after the IPO from nearly 98%.
Equity MF inflows slide 14%; large & midcaps gain traction
Inflows into equity mutual fund schemes fell by 14% in October, reflecting a trend of reduced investor allocations. Although smallcap funds saw decreasing inflows, large