The shares for the Malpani Pipes and Fittings IPO are expected to be allotted on Monday, February 3, 2025, and will be credited to the demat accounts of the allottees on Tuesday, February 4, 2025. The IPO allocation includes 50% of the net issue for Qualified Institutional Buyers (QIB), 35% for retail investors, and 15% for the Non-Institutional Investor (NII) segment.
Excluding MFI, want good asset quality along with 20% growth for rest of the book: V Vaidyanathan, IDFC First Bank
IDFC First Bank’s CEO V Vaidyanathan outlines the bank’s strategic investments in new business lines like cash and wealth management, aiming for profitability and reduction