Agnidev Bhattacharya

The floor price for theshares have been set at ₹205 rupees per share, representing a 3.1% discount to Meesho's closing price on NSE. The total deal is worth about $151 million.

The surge may have been due to investor behavior, driven by the recent price momentum across primary market offerings and a fear of missing out on a large pay day.

The Securities and Exchange Board of India has cleared the National Stock Exchange to launch its long-awaited initial public offering.

Mumbai, Sept. 5 -- The Securities and Exchange Board of India (SEBI) has approved the initial public offering (IPO) of the National Stock Exchange

Issuers prioritize banks with left-lead professionals who directly engage with Sebi. Their responsibilities include preparing the draft red herring prospectus, handling legal correspondence, representing the issuer in query sessions and valuing the offer once all stakeholders are consulted.

The reduction in the issue size reflects a broader reluctance among major institutional backers to sell larger stakes in the country’s primary market infrastructure institution.

As AI and automation hit rigid corporate jobs, agile startups and smaller firms will lead job creation, boosted by asset-tokenization tools that equalize access to capital, the Infosys co-founder said.

The anchor portion is likely to be valued at approximately ₹6,800 crore, less than a third of the truncated IPO size, which will comprise entirely an offer for sale by existing investors.

New Delhi, Sept. 11 -- Some of the world's top asset managers and sovereign wealth funds are lining up to buy a slice of India's largest stock

Mumbai, Sept. 12 -- Some of the world's top asset managers and sovereign wealth funds are lining up to pick up a slice of India's largest stock