In the T+0 settlement cycle, trades are settled on the same day they occur which means that the transfer of shares to the buyer’s account and funds deposited in the seller’s account happen on the same day of the trade.
3B Films IPO opens for subscription at Rs 50 per share
3B Films, a plastic packaging film manufacturer, launched its IPO on Friday at ₹50 per share, aiming to raise ₹33.75 crore. The IPO, open until