The company is raising up to INR 7,920 million through a fresh issue of equity shares to strengthen its capital structure and fund expansion.
Growth AUM jumped to 38% on a year-on-year basis to ₹79,430 Crore.
Its performance in the domestic market stood out, with gross direct premium climbing 15.27%, well ahead of the industry average growth of 8.84%.
The order inflow during the quarter jumped more than fourfold to ₹11,339.2 crore. This is compared to ₹2,436.7 crore in the same period last year.
Proceeds from the fresh issue will be used to strengthen the balance sheet and fund capital expenditures.
Here are some of the stocks that may see significant price movement today.
On August 1, the company will also be considering their unaudited financial results for the quarter ended June 30, 2025.
The business logged an EBITDA growth of 8.70% on a year-on-year basis to ₹520 Crore.
NSDL IPO of INR 40,116 million is an offer for sale from existing shareholders.
Here are some of the stocks that may see significant price movement today: Mahindra & Mahindra, Tata Steel, Jio Financial, etc.
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