Patil Automation, a Pune-based automation and robotics solutions provider, is set to debut on the NSE SME platform following a highly successful IPO that was oversubscribed by 101.42 times. The IPO, consisting of a fresh issue of 58 lakh shares, saw strong interest from various investor categories, with proceeds earmarked for a new manufacturing facility and debt repayment.
Sebi nod to Nuvama’s mutual fund entry, approves role as sponsor
Nuvama Wealth Management secured Sebi approval for its mutual fund business. This enables Nuvama to establish the proposed Nuvama Mutual Fund. The company can now