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The Indo Farm Equipment IPO, subscribed 229.31 times, is the second most subscribed mainboard IPOs of 2024. Strong demand came from QIBs (503.39x) and NIIs (104.36x). Only Vibhor Steel Tubes saw higher subscription.
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UPI transactions in December hit a record 16.73 billion, an 8% increase from Novembers 15.48 billion. Transaction value rose to Rs 23.25 lakh crore, up from Rs 21.55 lakh crore. Daily average transactions reached 539.68 million in December, with a daily transaction value of Rs 74,990 crore.
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Avenue Supermarts, which operates retail chain DMart on Thursday reported a 17% year-on-year jump in its standalone revenue for the quarter ended December 31, 2024 at Rs 15,565.23 crore. The company had reported a topline of Rs 13,247.33 crore in the year ago period.
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