Leo Dry Fruits and Spices is set to debut on the BSE SME platform with an expected 31% premium over the IPO price, driven by strong grey market interest. The company’s Rs 25-crore IPO was oversubscribed 180 times, and proceeds will fund working capital, marketing, and corporate purposes. Leo’s diverse product range and significant revenue growth highlight its market potential.
Lenders may turn to OFCB route to raise more funds abroad
Indian banks are now shifting focus towards borrowing in overseas foreign currencies to meet their fundraising requirements. This strategic pivot comes in light of an