Monika Alcobev is ready for its stock market launch on July 23. The IPO aims to raise ₹165 crore. Funds will support working capital and debt repayment. The company is a major importer of premium liquor. It distributes brands like Jose Cuervo. Revenue and profit are up. The IPO values the company at ₹613.47 crore.
AU Small Finance Bank Q2 profit jumps 53% to Rs 858 crore
AU’s gross non-performing assets ratio fell 42 basis points (bps) to 1.99% at the end of September. This helped in 25% lower provision at Rs