Ahead of the IPO, the issue is quoting at a GMP (grey market premium) of Rs 165 per share offering close to 90% premium over the offer price.
India’s AUM to GDP ratio at 12% is near China’s AUM to GDP ratio of 13%. Still, the ratio is significantly lower in terms of penetration of mutual funds in comparison to western countries.
PM says climate change and calamity are major challenges facing the world
GDP growth is expected to be in positive territory in the second half of 2020-21
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves
The IPO has received bids for 145.79 crore equity shares against an offer size of 72.6 lakh equity stocks
Existing car owners need not worry, dates are applicable only for date of manufacture
Mutual funds will be required to cast votes compulsorily in respect of related party transactions of the investee companies and corporate governance matters
Often, consumers have found themselves with no solution to their problems with insurance agents regarding claims and servicing