Western Carriers IPO: The Western Carriers IPO includes a fresh equity issuance of Rs 400 crore and an offer for sale (OFS) of up to 54 lakh shares by promoter Rajendra Sethia. In the unlisted market, the company’s shares were trading at a grey market premium of Rs 55 per share, which represents a 32% premium over the upper end of the issue price range.
CAS chaos triggers liquidity spiral: Nuvama says higher participation needed to break cycle
BSE’s new Closing Auction Session has faced weak participation, with Nuvama reporting sharp declines in option premium volumes and contracts. Thin liquidity is creating a