The SME IPO of ATC Energies System opens today with a price band of Rs 112-118 per equity share. The company aims to raise up to Rs 63.76 crore. The IPO includes fresh and offer for sale equity shares. Proceeds will be used for various purposes, including repayment of borrowings and factory upgrades.
Gold loan stocks rally after RBI hikes loan-to-value ratio limit and eases small loan norms
Gold loan stocks surged 2–7% after RBI raised the LTV ratio on loans under ₹2.5 lakh to 85%. Simplified norms reduce compliance burden, aiding lenders