Forcas Studio opened its SME IPO to raise Rs 37 crore from August 19 to 21, 2024. Priced at Rs 77-80 per share, the offer includes 46.8 lakh fresh equity shares. Proceeds will be used for warehouse upgradation, debt repayment, working capital, and other corporate purposes. Share listing on NSE SME platform is anticipated.
No runaway rally likely; markets to trade in broad range: Sameer Dalal
Equity markets face near-term unevenness due to global optimism tempered by domestic uncertainties like elevated crude prices and monsoon risks. Sameer Dalal of Natverlal &