Tiles & Bathware Maker Varmora Granito Mobilises Rs 212 Crore From Anchor Investors
A ipo & listings development with market-wide reach.
· NDTV Profit, Economic Times Markets
The IPO comprises a fresh issue of equity shares aggregating up to Rs 320 crore and an offer for sale (OFS) of 2.62 crore shares worth up to Rs 388 crore by investor Katsura Investments.
The analysis
Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
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