Saj Hotels’ shares listed on the NSE SME platform with a 15.4% discount, debuting at Rs 55 against an issue price of Rs 65. The company will use the proceeds from the public offer for property expansion, working capital, and general corporate purposes.
Initial public offerings worth USD 20 billion per annum are the “new normal” for India and will become an annualised run rate over the next
India’s mutual fund AUM is projected to surpass Rs 300 lakh crore by 2035, with direct equity holdings expected to reach Rs 250 lakh crore
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