Indo MIM has raised Rs 1,141 crore from anchor investors ahead of its Rs 3,811 crore IPO, drawing participation from global institutions including BlackRock and domestic investors such as Prashant Jain-backed 3P India. More than half of the anchor allocation went to domestic mutual funds, reflecting strong institutional interest in the precision engineering manufacturer.
PLI 2.0 for mobiles set to reward scale, exports; Dixon a key beneficiary: Motilal Oswal
The government’s new mobile phone manufacturing incentive scheme is set to favour companies with scale, export capabilities and strong domestic supply chains. Motilal Oswal said