The aggregate earnings of the MOFSL Universe companies exceeded our expectations and rose 29% YoY (vs. our est. of +19%).
ICICI Prudential AMC’s IPO is open for subscription, with Nimesh Shah expecting profitability pressures from growing AUM to be offset by falling unitholder fees. He
KSH International plans to raise ₹420 crore via fresh equity for capacity expansion and debt repayment, alongside a ₹290 crore offer for sale. The company,
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