Sun, Jan 12, 2025 7:19 PM
Singapore sees opportunities in India's growing economy
A Flip by Shubhangi Gupta
As bitcoin (BTC) wobbles around the $90,000-$95,000 area, down more than 10% from its all-time high touched a bit less than four weeks ago, a contrast is growing between traders — whose technical analysis tools show the top cryptocurrency may be due for another plunge — and long-term investors who believe the bull run is nowhere near done.
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The primary market will remain in action as five new IPOs will opening for subscription next week, which includes one in mainboard and four in SME. Shares of Standard Glass Lining Technology, Quadrant Future Tek, and Capital Infra Trust InvIT are set to be listed on the BSE and NSE stock exchanges. Additionally, five small and medium enterprises (SMEs) will make their debut.
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Rikhav Securities will launch its Rs 89-crore initial share sale for public subscription on January 15. The issue will close on January 17, while the anchor book of the IPO will be opened for institutional investors for a day on January 14. The IPO consists of fresh issue of 83.28 lakh shares worth Rs 71.62 crore, and OFS of 20 lakh shares worth Rs 17.2 crore by public shareholders.
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