The larger the IPO, the lower the expense ratio, the data showed. Offerings under ₹500 crore incurred average costs of 9.3%, while mega IPOs above ₹5,000 crore managed to keep expenses down at just 2.6% on average.
Hindustan Copper shares rose after the company announced a Rs 7,000 crore investment over the next 5-6 years and signed MoUs with major PSUs to
Polycab shares have fallen 17% from their June peak after UltraTech entered the wires and cables segment. Jefferies retained its Buy rating and Rs 11,100
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