Brigade Hotel Ventures IPO allotment is expected today. The IPO saw a subscription of 4.48 times. Retail investors subscribed the most at 6.4 times. Qualified institutional buyers bid 5.42 times. Non-institutional investors subscribed 1.92 times. The company will list on BSE and NSE on July 31. Allotment status can be checked on KFin Technologies and BSE websites.
NFO flows hit a 5-year low in June quarter, SIPs stay robust
New fund offer collections by asset management companies fell significantly. Funds raised through new fund offers reached a five-year low in June. This sharp decline