Further, since 2020, the AUM of Credit Risk Funds (CRFs) has been declining due to increasingly restrictive regulatory mandates & redemption by retail investors. This coupled with preference for higher rated issuers by CRFs led to lesser availability of funds for lower rated investment grade papers.
J Infratech files IPO papers; eyes Rs 600 cr via fresh issue
J Infratech Ltd has submitted preliminary papers for an initial public offering valued at Rs 600 crore. The IPO includes a fresh issue and an