Northern Arc Capital’s IPO, which opened for subscription on Monday, saw strong demand, especially from retail investors. The IPO was subscribed 2.87 times on the first day. The company aims to raise up to Rs 777 crore through the issue, with a price band of Rs 249-263 per share.
Ahead of Market: 10 things that will decide stock market action on Thursday
The Indian market closed flat on Tuesday, ahead of the Christmas holiday, with gains in FMCG and auto stocks being offset by losses in metal