The IPO market is set to revive. Next week, Schloss Bangalore and Aegis Vopak Terminals, along with Prostar Info Systems and Scoda Tubes, will launch their IPOs. These companies plan to raise over Rs 6,600 crore. This follows a slowdown in IPOs this year, after a strong performance in 2024. Many companies are awaiting regulatory approval to launch their IPOs.
Jio Financial shares surge nearly 5% after Sebi greenlights Jio BlackRock broking business
Jio Financial Services shares surged 4.36% to Rs 326.65, fueled by SEBI’s approval for Jio BlackRock Broking Private Limited to operate as a stockbroker and