Malpani Pipes and Fittings’ IPO allotment will be finalized today, with a subscription over 140 times due to high demand from non-institutional investors. Investors can check allotment status via BSE or Link Intime India. The IPO, priced at Rs 90, aims to fund machinery purchases, debt repayment, working capital, and corporate purposes.
RBI seeking to curb yields buys bonds at a premium
The Reserve Bank of India purchased bonds at higher prices than the market on Monday. This move aimed to control bond yields during a period