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​Being organised in partnership with ETMarkets at The Park Hotel in Hyderabad, the event would also broadcast on ETMarkets Live Stream. Those interested can register for the virtual trading masterclass here.

Interiors & More IPO is entirely a fresh issue of 1,850,400 shares. The maximum subscription amount for retail investors is Rs 2 lakh. They can subscribe to at least one lot comprising 600 equity shares. The retail investors have been allotted a quota of 615,600 shares.

Foreigners were net buyers of shares worth 607.6 billion won ($455.10 million) in their 18th session of buying out of the last 20 sessions. In the other two, their sales were by just small margins.

NIIF, an investment platform anchored by the Government of India, manages over $4.9 billion of equity capital commitments across its four funds – Master Fund, Private Markets Fund, Strategic Opportunities Fund, and India-Japan Fund.

Gautam Duggad, Head of Research at Motilal Oswal, discusses the performance and outlook of the midcap IT sector, the growth and normalization trends in the auto sector, and the challenges and expectations in the IT sector. The investment strategy focuses on large cap IT stocks like HCL Tech. In auto, the best performing segment will be two wheeler in so far as volumes are concerned.

Vikas Pershad of M&G Investments believes that investors should consider India as a market along with China. He highlights the rise of retail interest and the financialisation of savings in India. Pershad also discusses the potential for absolute returns in China and the growth opportunities in the EMS sector and auto ancillaries market.

A total of 9,722 shares changed hands on the counter till 01:49PM (IST)

As of 31-Dec-2023, promoters held 37.91 per cent stake in the company, while FIIs held 30.47 per cent and domestic institutional investors had 11.97 per cent.

Nifty earnings have compounded at 22% from FY20 to FY24, with a price-to-earnings ratio of about 20 times. Domestic institutional flows have been strong, while unknown risks, election outcomes, and interest rate cycle reversal pose potential challenges for the market. Where things are a little bit expensive is clearly mid and smallcaps. The midcap index is trading at a 30-40% premium to Nifty. Now obviously, there are pockets in midcaps where things have run ahead of themselves, earnings need to catch up.

The IPO is a combination of a fresh issue of equity shares aggregating to Rs 40 crore and an Offer For Sale (OFS) of up to 2.6 crore equity shares by private equity firm BanyanTree Growth Capital II.