March sees 25 new listings on Dalal Street, with SMEs leading the pack. Owais Metal shines with a 368% increase, while Exicom Tele-Systems tops the mainline category with a 51.1% gain. Overall, a total of 76 companies have made their debut on Dalal Street in CY24 thus far.
With this IPO, which is through an offer-for-sale, the government is aiming to divest its 3.5 per cent stake in the insurer by selling 22,13,74,920 shares.
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