Standard Glass Lining Technology’s Rs 1,250 crore IPO opens today, with a price band of Rs 133-140 per share and a GMP indicating a 69% premium. The issue includes fresh equity for capital expenditure, debt repayment, and strategic investments. Analysts recommend subscribing due to robust growth prospects.
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.