SEBI Tightens Norms For Usage Of IPO Proceeds
Securities and Exchange Board of India has approved tightening of rules for usage of proceeds from initial public offers
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Securities and Exchange Board of India has approved tightening of rules for usage of proceeds from initial public offers
Share allotment of CMS Info Systems initial public offer is expected to take place tomorrow on December 28
The year 2021 was one of the most successful for IPOs in India as more than Rs 1.30 lakh crores was lapped up by 65 companies from primary markets
The initial public offer of cash management company CMS Info Systems was subscribed 1.95 times on the last day of its issue on Thursday
The IPO received bids for 2,47,38,294 shares against 3,75,60,975 shares on offer