Manappuram Finance shares rally 5% on Sebi nod to IPO of subsidiary Asirvad Micro Finance
Shares of Manappuram Finance rose 5.4% to a 52-week high of Rs 207.30 in Tuesday’s trade after subsidiary Asirvad Micro Finance got a nod from Sebi to raise funds through an IPO. Asirvad Micro Finance had filed IPO papers in October last year. The issue will be made through the book-building process, wherein more than … Read more