Indobell Insulation’s SME IPO opens from January 6 to 8, aims to raise Rs 10 crore by offering 22.5 lakh fresh equity shares at Rs 46 each. Proceeds will fund capital expenditure, working capital, and corporate purposes. The IPO is split equally between retail and non-institutional investors. Final allotment on January 9 and listing on January 13.
India Inc reduced overseas bond issues on local liquidity, rupee fall
Indian companies scaled back overseas bond issuances as improved domestic liquidity and a weaker rupee made local fundraising more attractive.