When a company receives final observation from Sebi, it’s a signal from the regulator to go ahead with the IPO. The regulator issued its final observations on the draft papers last week.
Jio Platforms’ IPO-linked inflows boost rupee; elevated oil prices spur caution
The Indian rupee experienced a notable increase as Jio Platforms’ IPO attracted significant foreign investments. Despite this strength, rising oil prices raised concerns among traders