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Manappuram Finance shares fall 8% as SEBI puts Asirvad Microfinance IPO on hold
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Manappuram Finance shares fall 8% as SEBI puts Asirvad Microfinance IPO on hold
10 January 2024
Shares of listed NBFC Manappuram Finance tumbled up to 8% in trade Wednesday (January 10) after Securities and Exchange Board of India (SEBI) put the initial public offer (IPO) of subsidiary firm Asirvad Microfinance on hold. At 10:45 am, the scrip was trading 4.67% lower at ₹168.30 apiece on the NSE.
Shares of listed NBFC Manappuram Finance tumbled up to 8% in trade Wednesday (January 10) after Securities and Exchange Board of India (SEBI) put the initial public offer (IPO) of subsidiary firm Asirvad Microfinance on hold. At 10:45 am, the scrip was trading 4.67% lower at ₹168.30 apiece on the NSE.
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