Shiprocket secured Rs 727.41 crore from anchor investors before its upcoming initial public offering. The e-commerce enablement company aims to raise a total of Rs 1,617.48 crore through its maiden public issue. The IPO includes a fresh issue and an offer for sale, with a price band of Rs 92-97 per share. Proceeds will fund platform growth, technology, and debt repayment, and support acquisitions.
US stocks: US market ends down as Iran peace deal optimism fades
Wall Street closed lower as investors grew pessimistic about Middle East stability. Amazon and Alphabet stocks dipped, impacting major indices like the S&P 500. Brent