Standard Glass Lining Technology’s Rs 1,250 crore IPO opens today, with a price band of Rs 133-140 per share and a GMP indicating a 69% premium. The issue includes fresh equity for capital expenditure, debt repayment, and strategic investments. Analysts recommend subscribing due to robust growth prospects.
Hyderabad investor duped of Rs 2.8 cr in stock market fraud via fake IPO scheme
A Hyderabad man lost Rs 2.8 crore in a fake IPO scam after being lured through a Facebook ad and a fraudulent app called ASKMIN.