The company plans to raise ₹98.6 crore through its SME IPO by issuing 1.18 crore fresh equity shares, with a listing on the NSE SME platform. The net proceeds will be utilized for long-term working capital needs and general corporate purposes.
Private sector banks expected to outperform amid easing liquidity conditions: Vinay Paharia
The consumption trend in India has weakened after almost three to four years of fairly strong consumption boost. So, we are positive long term, but