Shringar House of Mangalsutra IPO, worth Rs 400.95 crore, saw strong demand, subscribing over 60 times. Allotment will be announced on September 15, with listing on September 17. The grey market premium of Rs 31 suggests potential 18–19% gains, though the actual listing price may vary.
Zee Entertainment approves Rs 600-crore share buyback at Rs 91 apiece; promoters to stay out
Zee Entertainment has approved a Rs 600 crore share buyback at Rs 91 per share, a 24% premium over its latest NSE closing price. The