Ganga Bath Fittings is set to list on the NSE SME platform after its IPO aimed to raise Rs 32.65 crore. However, the grey market premium indicates a discounted debut, with expectations of opening below the IPO price. The company, a manufacturer of bathroom accessories, plans to use IPO proceeds for capital expenditure and working capital.
AI may hurt IT today, but it could create the sector’s next growth engine: Baroda BNP Paribas MF
AI may disrupt traditional revenue streams in India’s $280-billion IT services industry, but Rohan Korde of Baroda BNP Paribas Mutual Fund believes it could also