The IPO market has picked up pace in the second half of the year with three issues delivering strong listing gains. Netweb Technologies’ IPO comprises a fresh issue of equity shares of up to Rs 206 crore and an offer-for-sale of up to 8.5 million equity shares by promoter-selling shareholders.
Banks look for a way out of UBO tangle
Banks in Mumbai are facing challenges with identifying ultimate beneficial owners (UBOs) of foreign investments due to varying disclosure rules across countries. This issue has