The IPO of Rashi Peripherals was subscribed nearly 60 times at close, driven by heavy bidding from non-institutional investors. Most analysts were positive on the issue as the company has a good financial track record and robust distribution network.
Sebi nod to Nuvama’s mutual fund entry, approves role as sponsor
Nuvama Wealth Management secured Sebi approval for its mutual fund business. This enables Nuvama to establish the proposed Nuvama Mutual Fund. The company can now