The qualified institutional buyer portion was the most subscribed with a subscription of 228.91 times, followed by non-institutional investors with 81.81 times. Retail category was subscribed 19.15 times. The IPO comprised fresh equity of Rs 206 crore and an offer for sale (OFS) of 8.5 million equity shares. Ahead of the offer, the company has raised Rs 189 crore from anchor investors.
RBI’s dollar swap brings liquidity flood, $15 billion boost for forex kitty
The Reserve Bank of India’s foreign exchange reserves increased by $15 billion in the week ending March 7, reaching $653.9 billion. This is the largest