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As the company continues to invest in new businesses amid a soft consumption environment, debt levels are expected to rise further in FY24.

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Spot gold remained unchanged at $1,900.49 per ounce, barely off its Tuesday-touched low of August 23. To $1,918.20, U.S. gold futures declined by 0.1%.

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During the subscription period, the IPO garnered significant investor interest, with an overall subscription rate of 12.5 times.

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The issue price for the issue was Rs 222.

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The price band for the public issue, which closes on September 27, is set at Rs 113-119 per share.

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The price band for the offer is set at Rs 280-300 per share

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Vaibhav Jewellers aims to raise Rs 270.20 crore through the initial public offering, comprising a fresh issue of Rs 210 crore in shares by the company and an offer-for-sale (OFS) of Rs 60.20 crore

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The price band for this IPO is set at Rs 133-140 per share.

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The net proceeds from the fresh issue will be channeled into enhancing Fincare Small Finance Bank's Tier-1 capital base to meet future capital requirements.

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The price band for the offering is set at Rs 280-300 per share

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