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Primary market News

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Currently, 100 companies have filed draft offer letters with the SEBI, with many already receiving approval or awaiting clearance.  
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In 2024, FIIs sold equity heavily for Rs 121,210 crore but they bought equity for Rs 121,637 crore through the primary market. Therefore, FIIs have net bought for Rs 427 crores in 2024. 
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Agrochemical chemicals Dharmaj Crop Guard announces its IPO for a fresh issue of Rs 251 crore. It has fixed price band of Rs 216-237. The initial share-sale will open for public subscription on November 28 and conclude on November 30.
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In the primary market, funds were raised through equity (IPOs and rights issue) as well as debt segments.
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Monte Carlo Fashions Ltd plans to sell 25 percent stake that would comprise of sale of over 54 lakh shares by promoters and other shareholders.
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The FII limit in the company was 24 percent earlier.






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