FPIs are once again in favor of IPOs, pumping $1.3 billion into the primary market in November

ET Intelligence Group: Foreign portfolio investors (FPIs) continued to show greater interest in the domestic primary market compared to the secondary market for the fifth month in a row in November, amid a continued flurry of IPOs. They invested a net $1.3 billion (₹11,894.7 crore) in the primary market, their highest investment in four months. […]

Steptrade Capital supports 63 stock market introductions and yields an average listing profit of 35%

Steptrade Capital, an entity for investment management, has used about RS 177 CRORE for nearly 63 IPOs in the last 24 months and the placements of the Fund House on motherboard and SME emissions have yielded an average exhibition gain of approximately 35%, somewhat the growing role of the IPO-Peditional capital. Of the total deployment, […]