Mitul Shah & Associates

IPO rush in India’s pharma sector: Sector eyes Rs 12,000 crore fundraising; 15 companies ready to enter market

India’s pharmaceutical and healthcare industry anticipates a significant fundraising surge, projecting Rs 12,000-13,000 crore through IPOs in the coming months. Approximately 15 firms, including Indira IVF and Sahajanand Medical Technologies, are preparing to enter the primary market. Investor interest is fueled by rising infertility awareness, favorable demographics, and a shift in global focus towards pharma […]

SBI could receive $466 million in passive inflows if FII limit is raised

State Bank of India could attract up to $466 million in passive inflows if the foreign investment limit for public-sector banks is raised from 20% to 26%, Nuvama Institutional Equities said. The move would allow higher MSCI index weightings. The government is reportedly considering the change as part of reforms to boost capital while retaining […]