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Again, with what Trump had initially talked about, the whole tax cuts and everything, that increase the deficits significantly higher, so what does that mean to, again, the 10-year yields or does it spook the bond markets?
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The offering, consisting of a fresh equity issuance of Rs 800 crore and an offer for sale (OFS) of 1.89 crore shares, will be open for bidding until November 11. Through the OFS, Bupa Singapore Holdings and Fettle Tone will sell part of their stakes.
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News and Media
The IPO of ACME Solar Holdings has garnered significant attention as it opened for subscription on Wednesday. By Thursday, on the second day of bidding, the issue was subscribed to 47%, with the retail portion attracting 1.57 times subscription. However, the grey market premium (GMP) has slipped, indicating a cautious sentiment from investors.
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News and Media
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