The IPO of Vaibhav Jewellers was fully subscribed on the last day of the bidding process. The overall subscription stood at 2.25 times at close. The issue was priced in the range of Rs 204-215. The IPO comprised a fresh issue of Rs 210 crore and an offer for sale (OFS) segment of up to 28 lakh equity shares. The company has raised about Rs 270 crore through the public offer.
Finwizz and Wishfin merge to build a leading omni-channel financial platform, eye IPO in 24 months
Finwizz and Wishfin are merging to form a tech-driven, omni-channel financial distribution platform targeting IPO in 24 months. The combined entity leverages Finwizz’s distribution and