Funds will be allocated towards fuelling growth, expanding the network of buyers and suppliers and undertaking acquisitions, according to offer documents. Axis Capital, Goldman Sachs (India) Securities, Jefferies India, and JM Financial are the bankers for the IPO.
Tariff shock turns FIIs to sellers in April. Analysts flag global risk but back India’s fundamentals
Foreign institutional investors reversed course in early April, spurred by rising global trade tensions following US President Trump’s announcement of steep tariffs. This led to