Subsidiary public issues enable independent capital raising, benchmark readiness and cash generation for parents via offers for sale, aiding deleveraging, capital expenditure or dividend payouts. Investors gain access to focused, growth-driven, pure-play businesses, according to bankers.
SEBI’s new PMS framework could potentially double industry size over time: APMI Chairman Vikas Khemani
SEBI’s revised PMS framework introduces PRIM, expands investment options and lowers the entry threshold to ₹25 lakh. Industry leaders expect these changes to broaden PMS