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With regard to nomination by holders of physical securities, Sebi said nomination form will be sent out to the security holder accounts in two phases
The Nifty pharmaceutical index on Friday rallied 1.7%, with Cipla, Dr Reddy's, Alkem, Pfizer and Dr Lal Pathlabs, gaining between 3% and 7%
Markets may be generating steady profits for small investors
However, whether or not this trend continues will be decided only by whether these startups deliver on their ambitious claims.
There is a flood of first-time investors, who do not belong to traditional centres.
Gen Z (18-24 years) and Gen Y (25-30 years) account for the majority of first-time investors
Vaibhav Agarwal, CIO, TejiMandi speaks to Money9 on whether it is wise for the first-time retail investors to subscribe to upcoming IPOs.
It will enunciate the rights and responsibilities of investors; not legally binding.
The world's biggest investor Warren Buffet also considers Value Investing as the right strategy.
Fino Payments Bank IPO: The price band for the payments bank has been fixed at Rs 560-577 a share having a face value of Rs 10 a share.
