Phoenix Overseas will launch its SME IPO today, aiming to raise Rs 36 crore. The IPO includes fresh equity shares and an offer for sale, with a price band of Rs 61-64 per share. The company is involved in trading and exporting agricultural products and manufacturing fashion accessories. The subscription period runs from September 20 to September 24.
Sebi examining position limits for non-agri contracts to boost liquidity
Sebi is actively investigating position limits for non-agricultural contracts to improve market liquidity and depth. Chairman Tuhin Kanta Pandey has highlighted the importance of phased