Astonea Labs launched its IPO on May 27, aiming to raise ₹37.67 crore through a fresh issue of shares, closing on May 29. The IPO, with a price band of ₹128 to ₹135 per share, will fund expansion, brand promotion, and working capital.
Ind-Ra downgrades Jana Capital, Jana Holdings NCDs to default
India Ratings downgraded Jana Capital and Jana Holdings’ NCDs to default after both entities extended debt repayments by six months due to refinancing challenges. Jana