Baazar Style Retail, backed by Rekha Jhunjhunwala, debuted on the BSE at Rs 389. The IPO received a strong response with nearly 41 times subscription. The company plans to use the proceeds for debt clearance and corporate purposes. Baazar Style is a leading value fashion retailer in Eastern India with significant market share in West Bengal and Odisha.
Jio Financial shares surge nearly 5% after Sebi greenlights Jio BlackRock broking business
Jio Financial Services shares surged 4.36% to Rs 326.65, fueled by SEBI’s approval for Jio BlackRock Broking Private Limited to operate as a stockbroker and