The IPO, comprising a fresh equity issue worth up to ₹1,000 Crore and an offer for sale (OFS) of up to ₹2,000 Crore, attracted significant investor interest, closing nearly 26 times oversubscribed.
To meet the 10% requirement, the government needs to divest an additional 6.5% over the next three years.
The IPO comprised a combination of fresh equity worth ₹400 Crore and an offer for sale (OFS) of up to 1.25 crore shares by promoters and investors.
In terms of financial performance, Go Digit reported a notable increase in net profit, reaching ₹1,290 Crore for the nine months ended FY24
On May 10, Cipla announced a 10% increase in revenue to ₹6,163 Crore and a 79% increase in fourth-quarter profit to ₹939 Crore.
Despite the ban in the F&O segment, these stocks can still be traded in the cash market
The completion of the share transfer must be reported to IRDA with all details submitted post-transaction.
The moderate pace of increase in April was caused by a high base brought on by the rapid growth in the previous two years, which impacted the year-over-year comparison.
Consumer Inflation for April 2024 was led lower by fuel inflation and core inflation
The 23.94% yoy growth in mutual fund folios in April 2024, betters the growth story for the full year FY24

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