Safe Enterprises Retail Fixtures debuted strongly on the NSE SME platform, listing at Rs 151, a 9.4% premium over its IPO price. The company, known for designing retail fixtures for major Indian brands, reported impressive financials with a revenue of Rs 139.73 crore and a profit of Rs 39.19 crore.
$20 billion of IPOs per year a new normal for India: JP Morgan
Initial public offerings worth USD 20 billion per annum are the “new normal” for India and will become an annualised run rate over the next