Manappuram Finance shares rally 5% on Sebi nod to IPO of subsidiary Asirvad Micro Finance

Manappuram Finance shares surged 5.4% to a 52-week high of Rs 207.30 following news of subsidiary Asirvad Micro Finance receiving Sebi approval for an IPO. The IPO, filed last October, will follow a book-building process with allocation to various investor categories.

More To Explore