face value

India’s largest online B2B marketplace for business products and services, IndiaMart InterMesh has announced to offer shares to the public through its Rs 475 crore IPO and has opened the subscription from June 24 to 26. It aims to…

Aha! Finally, an IPO offering equity shares priced at near face value - sounds strange, isn’t it? Well, nothing surprising about it, there was an era when such sound pricing model to raise money from public was very much prevalent in the…

A couple of weeks back, SEBI had proposed a wide range of changes in the rules governing the operation of mutual funds. One of such proposals is related to the dividend pay-out from mutual funds to the unit holders. Sebi has imposed a…