The startup is seeking pitches from investment bankers to underwrite and market the IPO that is likely to involve diluting a 10-15% stake, comprising a fresh issue of shares and an offer for sale (OFS), they said.
Market expert Neeraj Dewan is optimistic about the defence sector’s long-term growth, highlighting budget allocations and export potential. He favors Garden Reach and Mazagon Dock
ArisInfra Solutions shares: The Grey Market Premium (GMP) represents the price at which shares of a forthcoming IPO are being traded in the unofficial market
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