Shreenath Paper Products’ IPO received a tepid response, with subscription just over 1x. Investors can check allotment status via BSE or Bigshare Services’ websites. The IPO aims to raise Rs 23 crore with shares priced at Rs 44 each. The company specializes in supply chain solutions for paper-based industries. The listing is set for March 5.
Nifty faces stiff resistance near 25,100; sector rotation is key
Markets remain cautious below the 25100 resistance, vulnerable to corrections and volatility. Sector rotation, profit protection, and modest leverage are key amid shifting momentum across