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.
The Rs 110.11-crore NSE SME IPO was subscribed 103.06 times during the three-day bidding period, led by strong demand from non-institutional investors and qualified institutional
The Rs 36.02-crore IPO received a subdued response from investors, with the issue being subscribed 1.91 times during the three-day bidding period. The retail portion
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