Prior to its listing, GEM Enviro Management shares were trading with a Grey Market Premium (GMP) of Rs 70 in the unlisted market. The IPO, comprising entirely of a fresh equity issue of 59.9 lakh shares, was oversubscribed by over 200 times at closure, primarily fueled by robust interest from non-institutional investors. Proceeds from the public offer will be allocated towards funding working capital requirements and general corporate purposes.
RBI unlikely to play Santa again in February
Consumer price inflation picked up to 0.71% YoY in November from 0.25% in October, driven by persistent food price deflation and weak core inflation. Most
December 16, 2025