The offer is being conducted through the book-building process, with up to 50% allocated on a proportional basis to qualified institutional buyers, at least 15% allocated to non-institutional investors, and at least 35% allocated to retail individual investors.
Zerodha’s Nithin Kamath hails SCRA rule clarification for stock brokers, “huge” for Rainmatter. Here’s why
Nithin Kamath praised the Finance Ministry and NSE for clarifying SCRA rules, allowing brokers to invest their own funds freely. This regulatory shift will empower