Urban Company’s Rs 1,900-crore IPO was fully subscribed within hours on Day 1, driving its GMP up to 37%. Brokerages are divided—while BP Equities and Arihant Capital see strong growth potential, ICICI Direct remains cautious, flagging steep valuations despite profitability and sector leadership.Read More
China’s treasury bonds fell sharply on Wednesday as easing producer deflation and a buoyant stock market prompted selling. Traders also attributed the sell-off to new fund rules that would nudge investors to buy equity funds instead of fixed-income products.Read More
Vietnam’s State Treasury raised 3.88 trillion dong ($147 million) in a weekly government bond auction on Wednesday, up from the $3.8 million raised last week.Read More
Shringar House of Mangalsutra’s Rs 401 crore IPO was subscribed 1.06 times on Day 1, with retail investors bidding 1.59 times their quota and NIIs 1.19 times. The employee portion also saw strong traction, oversubscribed 5.4 times, while QIBs are yet to participate.Read More
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