Assetz, a Bengaluru developer, plans a Rs 1,200 crore initial public offering soon. The proposed IPO will combine fresh equity issuance and an offer for sale. JM Financial, BofA Securities India, and Motilal Oswal are lead managers. This confidential filing allows initial prospectus secrecy until advanced stages. Bengaluru’s strong property market supports developer growth and project launches.
Reddit stock plunges 30% as Google’s AI search threatens traffic and user growth
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