Shri Ahimsa Naturals IPO: Shri Ahimsa Naturals’ SME IPO opened with an 87% subscription on the first day, aiming to raise Rs 73.81 crore. The retail portion was subscribed 90%, and non-institutional investors subscribed 1.94 times. The IPO price band is set between Rs 113-119 per share. Proceeds will fund a new manufacturing unit in Jaipur and other corporate purposes.
Why FIIs are dumping bluechips to hunt small & midcaps
Foreign institutional investors are shifting their focus from India’s top blue-chip stocks to a wider array of mid- and small-cap companies. This strategic repositioning is