The SME IPO of Sunlite Recycling Industries opened for subscription on August 12 and closed on August 14. The company aimed to raise Rs 30.24 crore by offering shares priced between Rs 100 and Rs 105. Proceeds will fund capital expenditure, debt repayment, and general purposes. Shares are set to be listed on the NSE SME platform on August 19.
Small and midcaps rebound not driven by fundamentals, but surplus cash: S Naren
You have to see FMCG sector doing well. You have to see two-wheeler sector doing much better. You have to see the entry-level car markets