CleanMax Enviro Energy’s Rs 3,100 crore IPO opens Monday, with a marginal grey market premium suggesting limited listing gains. The renewable energy provider, India’s largest in the commercial and industrial sector, aims to repay debt with IPO proceeds. Analysts offer mixed views, with some recommending long-term investment despite aggressive valuation.
Global ETF craze has retail buyers paying steep premiums
Investors are flocking to international mutual funds for higher returns. However, many overseas ETFs are trading at a 20-25% premium to their actual value. This