State-owned Wapcos not to proceed with IPO, withdraws papers filed with Sebi

September 26, 2023

The reason for the withdrawal is not known yet. The public sector firm had filed its draft red herring prospectus with Sebi in September last year. The public issue was to be an offer-for-sale where the government will sell up to 3.25 crore shares.

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Top 5 states contribute over 65% to total mutual fund industry AAUM in June 2025: ICRA Analytics

Maharashtra led mutual fund AAUM contributions with 40.61%, as five states together accounted for over 65% of the total. Nagaland saw the highest yearly AAUM

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