Flysbs Aviation’s IPO is set to open on Friday. Investor interest is high, indicated by a strong grey market premium. The IPO aims to raise Rupees 102.53 crore through a fresh issue of shares. The company plans to use the funds for aircraft acquisition and debt repayment. Flysbs Aviation focuses on private jet operations.
Madhusudan Kela-backed fund buys stake in IPO-bound Steamhouse India for Rs 40 crore
Ace investor Madhusudan Kela’s funds, along with Niveshaay Sambhav Fund, have injected Rs 49.99 crore into Steamhouse India via a pre-IPO placement. This strategic investment