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Geopolitical risks remain and from that construct when you look at our markets, it is possible that we do see some near-term volatility simply because we have outperformed in a big way.
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Sodhani Academy's SME IPO will open for subscription today and close on September 17. The company aims to raise Rs 6.12 crore by offering shares at Rs 40 each. The proceeds will be used for capital expenditure and general corporate purposes. The shares are expected to list on the BSE SME platform on September 20.
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Godrej Capital, part of Godrej Industries Group, plans an IPO in the next two to three years. The company aims to raise 500 crore-1,000 crore from its parent for lending. With a goal of reaching 50,000 crore AUM by FY28, it currently has 10,500 crore AUM and focuses on MSME and housing sectors.
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