Paradeep Parivahan IPO was subscribed 1.5 times, mainly due to retail investors. Share allotment will be finalized today, and investors can check status via BSE or Bigshare Services websites. The company plans to raise Rs 45 crore for working capital by selling 45.78 lakh shares at Rs 98 each. Paradeep Parivahan provides port-related services at Paradip Port, Odisha.
Oil shock from Iran war raises risks for India’s stock market
Escalating Middle East tensions are poised to further weaken Indian equities, with strategists warning of underperformance against global peers. Higher oil prices, driven by the