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IPO● Neutral for Indian equities
Baanganga Gold & Diamond files draft papers for ₹720-crore IPO
The brief
- Fresh issue of up to ₹540 crore; offer for sale of up to ₹180 crore
- The proposed listing adds a jewellery-sector investment option for Indian investors
- PC Jeweller clears dues to 14 banks and becomes debt-free
- HDFC Bank CEO's to-do list in coming weeks: Growth, Casa, investor trust
- Mobile retailers plan October 2 protest against proposed 0.4% UPI MDR
- PC Jeweller clears dues to all 14 consortium banks and becomes debt-free
- Acevector IPO: Analysts assign 'avoid' tag amid stiff competition, losses