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Buy Ratnaveer Precision Engineering; target of Rs 231: Profitmart

Profitmart is bullish on Ratnaveer Precision Engineering has recommended buy rating on the stock with a target price of Rs 231 in its research report dated October 30, 2023. ....

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Investment bankers' fees to manage IPOs jump as issue size shrink in 2023

The fees charged by investment banks to manage initial public offerings (IPOs) have increased to an average 3.23 per cent of the issue size this calendar year, the highest since 2020.

The average fee is up 8 per cent compared to last year, when it stood at 2.99 per cent.

The investment banking fees have increased as the average IPO size has shrunk this year. ....

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