Bulk deals: Morgan Stanley Asia picks Rs 40.56 crore stake in Indigo Paints, Pinnacle Investments sells Rs 50.09 crore stake in D B Realty
Smallcap World Fund sold Rs 104.06 crore stake in Indigo Paints.
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Smallcap World Fund sold Rs 104.06 crore stake in Indigo Paints.
Microcrystalline cellulose (MCC) is a widely used excipient in the food, pharmaceutical, and cosmetic industries, with valuable applications in the...
234 companies have raised funds from Indian markets so far in 2023, with a significant portion of 176 companies falling within the SME category. In comparison, CY22 witnessed 103 SMEs entering the market; the number was 52 in 2021, 31 in 2020, and 31 in 2019.
In the mainboard segment, DOMS Industries and India Shelter Finance concluded their IPOs, while Inox India's offer is set to close on Monday
The SME IPO was subscribed by a whopping 362 times on the last day of the bidding process with the total bids surpassing the Rs 18,000 crore mark, which is a first for any SME company. The previous record was held by Chennai-based Basilic Fly Studio, whose SME offer garnered bids of just over Rs 14,000 crore.