GB Logistics IPO opens today, aiming to raise Rs 25 crore through a fresh equity sale of 24.57 lakh shares. The price band is set at Rs 95-102 per share. The proceeds will be used for debt repayment, working capital, and corporate purposes. The allotment finalization is expected on January 29, with listing on January 31.
FPIs continue to invest; inject Rs 14,167 cr in equities in May
Foreign investors continue to show confidence in the country’s equity market, infusing Rs 14,167 crore so far this month, largely driven by favourable global cues