JSW Cement secured Rs 1,080 crore from anchor investors before its IPO launch. The IPO opens on Thursday and closes on Monday. It includes a fresh issue and an offer for sale. Funds will support a new facility and debt repayment. The IPO price is Rs 139-147 per share.
MFs are ramping up exposure to smallcaps, with 13 picks soaring up to 115% in six months and three turning multibaggers.
Tata Investment Corporation posted 69% YoY profit growth to Rs 63.83 crore, driven by strong dividend and investment gains. Revenue surged 143%, while lower taxes
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