Lamosaic India will debut on the NSE SME platform Friday, with pre-listing shares showing no grey market premium. The IPO had a subscription rate of 1.77 times. The proceeds will fund debt repayment, working capital, and corporate growth. The company primarily serves the real estate and construction industries.
Proposal to let FPIs loose, rate cut hopes fuel bond market rally
Anticipation of aggressive rate cuts and relaxed FPI regulations spurred a bond market rally, driving the 10-year G-Sec yield below 6.30%. Sebi’s proposed easier KYC