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Quadrant Future Tek IPO experienced a strong opening with full subscription within hours, driven by high demand in the retail and NII categories. Proceeds will support various financial needs. Positive market response is evident with a GMP of Rs 170, and analysts recommend subscription due to promising industry growth.
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Leo Dry Fruits and Spices is set to debut on the BSE SME platform with an expected 31% premium over the IPO price, driven by strong grey market interest. The company's Rs 25-crore IPO was oversubscribed 180 times, and proceeds will fund working capital, marketing, and corporate purposes. Leo's diverse product range and significant revenue growth highlight its market potential.
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A New York appeals court judge rejected US President-elect Donald Trump's request to postpone his sentencing in the hush money case. The judge declined the request after a brief hearing. Trump's attorneys had argued for a delay based on presidential immunity but were unsuccessful. The sentencing is scheduled for Friday.
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