The IPO comprises a fresh issue of shares worth Rs 500 crore, and an offer for sale of 1.57 crore shares by two promoters – Suresh Tyagi and Jimmy Tyagi – besides Premji Invest-owned PI Opportunities Fund I, and Kotak Special Situations Fund.
Pre-market action: Here’s the trade setup for today’s session
Indian benchmark indices opened flat and remained under pressure throughout the session. Analysts suggest the Nifty’s immediate bias remains down, targeting key support levels. The