Rexpro Enterprises’ SME IPO, aimed at raising Rs 54 crore, opens for subscription. Offering shares at Rs 145 each, it includes the sale of 32.5 lakh shares. The proceeds will be used for equipment purchase, factory renovation, working capital, and general purposes. The IPO closes on January 24.
NFO flows hit a 5-year low in June quarter, SIPs stay robust
New fund offer collections by asset management companies fell significantly. Funds raised through new fund offers reached a five-year low in June. This sharp decline