Infrastructure firm Ceigall India on Monday mounted a value band of Rs 380 to Rs 401 per share for its Rs 1,253 crore preliminary public providing (IPO)
2 min learn Final Up to date : Jul 29 2024 | 10:56 PM IST
The Securities and Trade Board of India (Sebi) has launched a synthetic intelligence-based chatbot SEVA (Sebi’s digital assistant) to assist investors search responses or info on sure processes. “The chatbot is presently enabled to reply questions regarding common info on securities market, newest grasp circulars, grievance redressal course of, and so on. Based mostly on the suggestions obtained from the customers, extra areas will probably be added to the chatbot,” Sebi stated.
MF distributor Prudent AUM crosses Rs 1 trillion
One of many largest mutual fund (MF) distributors Prudent Company Advisory on Monday knowledgeable exchanges that its whole MF property beneath handlement (AUM) has crossed Rs 1 trillion. The agency distributes MFs by 30,000 sub-distributors. “Prudent turns into the 2nd non-banking mutual fund distributor to realize this milestone. This vital achievement represents a 5x enhance in fairness AUM over the previous 5 years. Prudent’s business rating for mutual fund commissions received has climbed from eighth place 5 years in the past to a powerful 4th place,” it stated in a launch.
Ceigall India Rs 1,253 crore IPO to open on August 1
Infrastructure firm Ceigall India on Monday mounted a value band of Rs 380 to Rs 401 per share for its Rs 1,253 crore preliminary public providing (IPO). The preliminary share sale will open for public subscription on August 1 and conclude on August 5, the agency stated.
Senores Pharma recordsdata IPO papers to boost Rs 500 crore
Senores Prescribed drugs Ltd has filed preliminary papers with Securities and Trade Board of India (Sebi) to boost funds by an IPO. The IPO is a combination of recent issuance of shares value Rs 500 crore and a suggestion on the market of as much as 2.7 million fairness shares by promoters and different promoting shareholders, based on the draft pink herring prospectus.
First Printed: Jul 29 2024 | 10:56 PM IST
