The IPO, which opens Wednesday and closes Friday, has been priced in the band of ₹371-390 per share. The grey market premium – the price in the unofficial market that investors pay for the shares before listing – was at ₹20 for Swiggy on Tuesday, a 5% premium to the upper price band of ₹390.
Sebi permits use of mutual funds for IAs, RAs deposit compliance
Sebi has allowed investment advisers and research analysts to use liquid mutual funds and overnight mutual funds for meeting their mandatory deposit requirements, providing an