Nisus Finance Services launches its SME IPO aiming to raise Rs 114 crore with shares priced between Rs 170-180 apiece. The IPO includes a fresh equity sale of Rs 101 crore and an offer for sale of 7 lakh shares. The issue, managed by Beeline Capital Advisors and Skyline Financial Services, opens on December 4 and closes on December 6.
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