After Zomato, Policybazaar IPO to keep markets racing
A major chunk of money raised through the IPO will be used for expansion of the company's operations and for furthering growth plans
A major chunk of money raised through the IPO will be used for expansion of the company's operations and for furthering growth plans
The share allotment is part of bank's resolution passed by shareholders in the extraordinary general meeting on August 25, 2020.
Accordingly, the company will issue equity shares by way of a qualified institutions placement to raise the fund.
