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Fundraising via the initial public offering (IPO) route by companies may touch Rs 1 trillion in financial year 2024-25 (FY25), according to a recent note by Pantomath Group - a mid-market investment bank. During the financial year 2023-24 (FY24), 76 companies tapped the markets through mainboard IPOs, Pantomath said, raising nearly Rs 62,862 crore. This is a 21 per cent rise compared to FY23, the note added.
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Pantomath Financial Services Group Acquires 75 Stake In Fundgini
Asit C Mehta Financial Services was started by Asit Mehta and wife Deena Mehta -- who was among the first women to enter the trading ring of BSE; it is engaged in the business of stock broking, wealth management, mutual fund, distribution, PMS, advisory, fintech and other related financial services and property rentals.
Pantomath Group announces first closure of Rs 500 cr pre-IPO fund