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IPO● Neutral for Indian equities
Kian-M Export files IPO papers, plans ₹500 crore fresh issue and OFS
The brief
- Fresh issue aims to raise ₹500 crore
- Offer for sale covers up to 15 lakh equity shares
- IPO proceeds and dilution will shape the offering’s appeal to Indian investors
- Nine companies file draft IPO papers with SEBI
- SEBI’s new PMS framework could potentially double industry size over time: APMI Chairman Vikas Khemani
- Anmol Industries files for ₹1,800-crore IPO, entirely an offer for sale
- NSE open to self-listing if SEBI permits, seeks broader revenue mix beyond options
- SEBI's new PMS rules could redraw competition for affluent investors