Rexpro Enterprises’ SME IPO, aimed at raising Rs 54 crore, opens for subscription. Offering shares at Rs 145 each, it includes the sale of 32.5 lakh shares. The proceeds will be used for equipment purchase, factory renovation, working capital, and general purposes. The IPO closes on January 24.
2 top stock recommendations from Rajesh Palviya
Rajesh Palviya of Axis Securities suggests Nifty may consolidate between 24,800 and 25,000. Bank Nifty might range from 54,900 to 55,500. Chennai Petro and Coal