Northern Arc Capital’s IPO, which opened for subscription on Monday, saw strong demand, especially from retail investors. The IPO was subscribed 2.87 times on the first day. The company aims to raise up to Rs 777 crore through the issue, with a price band of Rs 249-263 per share.
Mutual fund planner for 2025: Spotting trends, insights and opportunities
In 2024, India’s mutual fund industry reached ₹68.08 lakh crore in assets under management. Systematic Investment Plans, passive funds, and multi-asset investing are expected to