Spices manufacturer Pushp Brand (India) is reportedly preparing to file its draft red herring prospectus for an IPO exceeding ₹1,000 crore by the end of May. The Indore-based firm, known for its ‘Pushp Masale’ brand, plans a mixed offering of fresh shares and an offer for sale. ICICI Securities and IIFL Capital Services are expected to manage the issue.
Macro headwinds are behind us; largecaps poised to outperform: Prashant Jain
India’s equity markets are poised for a positive turn as economic challenges recede, according to Prashant Jain. He highlights strong domestic fundamentals, improving external balances,