Osel Devices’ SME IPO opens for subscription today and close on September 19. The company aims to raise Rs 71 crore through the fresh equity issue of 44.1 lakh shares, priced at Rs 155-160 each. Proceeds will be used for debt repayment, working capital, and general corporate purposes.
Ahead of Market: 10 things that will decide stock market action on Thursday
The Indian market closed flat on Tuesday, ahead of the Christmas holiday, with gains in FMCG and auto stocks being offset by losses in metal