Lamosaic India will debut on the NSE SME platform Friday, with pre-listing shares showing no grey market premium. The IPO had a subscription rate of 1.77 times. The proceeds will fund debt repayment, working capital, and corporate growth. The company primarily serves the real estate and construction industries.
Market rotation signals steady growth ahead; financials and PSUs lead the charge: Rohit Srivastava
According to Rohit Srivastava, the Indian market is experiencing sector rotation, ensuring upward movement after consolidation. Financials, especially NBFCs, are leading the rally due to