It is possible that this could result in fewer fund launches. Mutual funds that launch schemes to keep distributors happy will under be less pressure to keep coming out with NFOs.
Pristine Logistics and Infraprojects has confidentially filed its DRHP with Sebi for an IPO. The rail-focused multimodal logistics company is expanding terminals, warehousing and cargo
Eswari Global Metal Industries is poised for a major Initial Public Offering (IPO) with an ambitious target of raising Rs 1,100 to Rs 1,300 crore.
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