Prime Cable Industries is set to launch its IPO on September 22. The company aims to raise Rs 40 crore through fresh equity and an offer-for-sale. The IPO will close on September 24, with listing on September 29. The company will use the funds for capital expenditure, debt repayment, and working capital. Revenue rose 71% in FY25 to Rs 141.
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