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.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is