Phoenix Overseas will launch its SME IPO today, aiming to raise Rs 36 crore. The IPO includes fresh equity shares and an offer for sale, with a price band of Rs 61-64 per share. The company is involved in trading and exporting agricultural products and manufacturing fashion accessories. The subscription period runs from September 20 to September 24.
PFC raises $300 million through five year dollar bond
Power Finance Corp successfully raised $300 million in international bonds, marking India’s second such issuance since the RBI’s special swap arrangement. The five-year bond was