Ather Energy’s IPO allotment is expected to be finalized today, following a subscription rate of just over 1.4 times. Investors can check their allotment status via the BSE website or Link Intime. The grey market premium indicates a flat listing, and shares are slated to list on May 7. The IPO aims to raise funds for expansion and R&D.
Sebi permits use of mutual funds for IAs, RAs deposit compliance
Sebi has allowed investment advisers and research analysts to use liquid mutual funds and overnight mutual funds for meeting their mandatory deposit requirements, providing an