Zerodha co-founder Nithin Kamath highlighted major risks in India’s broking business, including heavy revenue reliance on Nifty and Sensex F&O contracts, limited diversification, and mounting regulatory pressure, questioning the industry’s perceived glamour.
Knack Packaging IPO Day 3: Issue subscribed 83x at close; GMP signals 17% listing gain
Knack Packaging’s Rs 439.5-crore IPO was subscribed 73 times on the final day of bidding, led by strong demand from QIBs. The grey market premium