fpos

Ratnaveer Precision Engineering IPO subscribed nearly 16x so far on Day 2. Check GMP and other details

by
Ratnaveer Precision Engineering IPO subscribed nearly 16x so far on Day 2. Check GMP and other details

The initial public offering of Ratnaveer Precision Engineering is getting good response from investors, with the overall subscription at 15.88 times so far on the second day. The issue closes on Wednesday. The non-institutional buyers’ category was subscribed the most at 30.75x, followed by retail investors at 18.55x. The demand from qualified institutional buyers remained … Read more

Primary market mopped up Rs 1.4 lakh crore in FY22: RBI report

by
Primary market mopped up Rs 1.4 lakh crore in FY22: RBI report

In the financial year 2021-22, the primary markets mobilized funds worth Rs 1.39 lakh crore, 26.1 per cent higher than Rs 1.1 lakh crore in the previous fiscal year, said the annual reports from the Reserve Bank of India. The central bank, in its report, said that this includes all the primary market activities, including … Read more