Takyon Networks is set to launch on the Bombay Stock Exchange SME platform on August 6. The initial public offering saw a good response. However, the grey market premium is zero. Shares are expected to debut around Rs 54. The IPO was subscribed 21.77 times overall. The company plans to use the funds for working capital and loan repayment.
Market Wrap: Sensex falls 142 points, Nifty holds 23,900; HDFC Bank shares tumble 3%
Indian stock market closed in the red, with benchmark indices Sensex and Nifty falling up to 0.2% as Iran-US tensions simmered and rupee declined. Broader