Manappuram: Manappuram tanks on Sebi hold on Arm's IPO : vim

Manappuram: Manappuram tanks on Sebi hold on Arm's IPO

The Securities and Exchange Board of India said in a report published on January 5, it had put Asirvad's issue 'Under Abeyance'. Manappuram owns a 97.6% stake in Asirvad Microfinance which had filed a prospectus to raise ₹1,500 crore in October, 2023. The IPO would have unlocked value in the subsidiary, said analysts.

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Kerala , India , Mumbai , Maharashtra , Shweta Daptardar , Exchange Board Of India , Manappuram Finance , Asirvad Microfinance , Sebi Hold , Exchange Board , Manappuram , Sebi , Arm , Ipo , Analysts ,

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