Ganga Bath Fittings is set to list on the NSE SME platform after its IPO aimed to raise Rs 32.65 crore. However, the grey market premium indicates a discounted debut, with expectations of opening below the IPO price. The company, a manufacturer of bathroom accessories, plans to use IPO proceeds for capital expenditure and working capital.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,