Godrej Capital, part of Godrej Industries Group, plans an IPO in the next two to three years. The company aims to raise ₹500 crore-₹1,000 crore from its parent for lending. With a goal of reaching ₹50,000 crore AUM by FY28, it currently has ₹10,500 crore AUM and focuses on MSME and housing sectors.
Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit
The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities,