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Prostarm Info Systems IPO Receives 12.65 Times Subscription on Day-2 of Offer – EQ

In Short : Prostarm Info Systems’ ₹168 crore IPO was subscribed 12.65 times by Day 2, driven by strong retail and non-institutional investor interest. The issue, priced at ₹95–₹105 per share, closes on May 29. Despite declining grey market premium, demand remains robust. Funds raised will support working capital, debt repayment, and expansion, as the […]

IndiGrid to Expand Green Energy Portfolio with ₹21 Billion ReNew Asset Acquisition – EQ