Astonea Labs launched its IPO on May 27, aiming to raise ₹37.67 crore through a fresh issue of shares, closing on May 29. The IPO, with a price band of ₹128 to ₹135 per share, will fund expansion, brand promotion, and working capital.
Wait for dust to settle before taking fresh bets, says Maulik Patel
Geopolitical tensions and market swings prompt caution for investors. Maulik Patel of Equirus Securities advises patience, suggesting a wait-and-watch approach. He notes current crises differ