SpiceJet’s fleet has been partially grounded and the airline has been looking at ways to raise capital. At least three aircraft lessors have filed insolvency pleas against the company. In July, SpiceJet promoter Ajay Singh infused Rs 500 crore by subscribing to equity shares.
Astronomical 39,900% return! NSDL IPO becomes multibagger money machine for NSE, SBI, HDFC Bank
NSDL’s upcoming IPO is set to generate substantial wealth for early institutional investors like SBI and IDBI Bank, potentially yielding returns as high as 39,900%.