The IPO of Unimech Aerospace saw a robust response, with a subscription of 9.08 times by the second day. The issue includes fresh equity and OFS taking the total to Rs 500 crore. The funds will support capital expenditures and working capital. The IPO price is Rs 745-785 per share.
Mcap of 8 of top-10 firms erodes by Rs 1.55L cr
Recently, the market witnessed a downturn, with eight of the leading firms in India suffering major valuation losses. The declines of HDFC Bank and Bajaj