The first quarter posed challenges for Indian indices with the Hindenburg research report, the hawkish Fed, and the SVB crisis. The budget sparked hope, laying a foundation for sustainable domestic growth, albeit with the removal of indexation benefits on debt instruments.
Waystar confidentially filed for an IPO later in August, joining a wave of new listings that followed a months-long dry spell wrought by high interest rates and fears of a recession.
The Kolkata-based company launched its Rs 17.07-crore IPO on September 8, comprising only a fresh issue of 74.22 lakh equity shares which included a reservation of 3.72 lakh shares for the market maker. The remaining 70.5 lakh shares, the net issue, were divided equally amongst retail investors and HNIs, which comes to 35.25 lakh shares each.
/PRNewswire/ illycaffè, a global coffee company recognized for sustainable quality, has won third place in the first edition of the Most Powerful Italian.
As per Ventura Securities, a careful evaluation of RHP is necessary to decide the attractiveness of an IPO. RHP contains comprehensive information about a company planning to raise money through public markets.