RNFI Services’ shares launched with a 90% premium on NSE SME. The IPO saw an overwhelming response, being subscribed over 200 times. The company provides diverse fintech services across India, focusing on financial inclusion. India’s fintech market is set to grow from $50 billion in 2021 to $150 billion by 2025, with significant potential in assets under management and revenue.
Broad-based market rally unlikely without FPI flows & stronger growth: Nilesh Shah
The broad-based rally at least at this point of time looks difficult, unless and until it is supported by growth or it is supported by