The InvIT is sponsored by maharatna PSU, Power Grid Corporation of India, a Sensex listed firm. PowerGrid Infrastructure Investment Trust (InvIT) IPO will open for subscription tomorrow, making it the first InvIT to be sponsored by a state-run firm. PowerGrid InvIT is looking to raise Rs 7,735 crore through the issue which will include a
IPO
Online food delivery platform Zomato is looking to raise a massive Rs 8,250 crore through its much-awaited initial public offering (IPO). Online food delivery platform Zomato is looking to raise a massive Rs 8,250 crore through its much-awaited initial public offering (IPO). In its DRHP, filed with the capital markets regulator Securities and Exchange Board
On the strategies for the FY 2021-22, Moorthy said there would be increased thrust on consistent CASA growth, credit growth with specific focus on retail lending. The bank will leverage technology for business development and to enhance delivery efficiencies of all banking services. Private sector lender Tamilnad Mercantile Bank (TMB) is planning to raise Rs1,000
Poor returns and follow-up to the main-board continue to remain a concern for the SME-listed stocks. Credit and Finance for MSMEs: The last one and a half years have been tough for the small and medium-sized businesses due to the pandemic and initial public offerings (IPOs) by SMEs have taken a hit. In the financial