Casagrand Premier Builder has filed a draft red herring prospectus with SEBI to raise Rs 1,100 crore through an IPO. The funds will be used for debt repayment and general corporate purposes. The IPO includes fresh issues worth Rs 1,000 crore and an offer for sale by promoters worth Rs 100 crore.
Sebi permits use of mutual funds for IAs, RAs deposit compliance
Sebi has allowed investment advisers and research analysts to use liquid mutual funds and overnight mutual funds for meeting their mandatory deposit requirements, providing an