Vivid Electromech’s IPO, aiming to raise Rs 130.54 crore, opened for subscription on Wednesday. The company plans to utilize funds for a new manufacturing unit, debt repayment, and working capital. The issue includes both fresh equity and an offer for sale by promoters. Grey market indicators suggest a flat listing.
Holding mutual funds in SoA or demat: Which is better?
Mutual fund units can be held in Statement of Account or demat form. SoA mode offers simplicity for mutual fund-only investors avoiding extra charges. Demat