Shreenath Paper Products’ IPO received a tepid response, with subscription just over 1x. Investors can check allotment status via BSE or Bigshare Services’ websites. The IPO aims to raise Rs 23 crore with shares priced at Rs 44 each. The company specializes in supply chain solutions for paper-based industries. The listing is set for March 5.
Jio Financial Services to invest Rs 1,000 crore in Jio Finance
Jio Financial Services announced on Thursday that it has invested Rs 1,000 crore in Jio Finance, its wholly owned subsidiary. The investment was made through