Premier Energies’ IPO opened today, attracting strong interest with 57% subscription, mainly from retail and non-institutional investors. The IPO includes a fresh equity issue of Rs 1,291 crore and an Offer for Sale up to 3.42 crore shares. Analysts recommend subscribing due to the company’s robust order book and promising growth in the solar energy sector.
Sebi allows intraday borrowings by MFs to settle redemptions
The Securities and Exchange Board of India is taking decisive action in the investment landscape with its latest mutual fund regulations. Effective next month, these