Srigee DLM, specializing in plastic injection molding, is set to debut on the BSE SME platform following a highly successful IPO that was oversubscribed by 400 times. The IPO, priced at ₹94-₹99, saw strong grey market premium, suggesting a positive listing. The company intends to use the IPO proceeds to establish a new manufacturing facility and acquire machinery.
Asian shares drop after US selloff, treasuries dip
Asian stock markets saw a decline following Wall Street’s losses. Concerns about the United States’ deficit impacted investor sentiment. Treasury yields rose, particularly for long-term