Street signs: Anupam Rasayan GMP at 25%, ELSS investment, and more

The Rs 760-crore IPO comprises only fresh issuance, and the price band is Rs 553-555 per share

On the way out

A number of successful initial public offerings and record-high assets under management have had most people optimistic about the mutual fund industry's prospects. Not everyone seems to share that bullish sentiment. More than one mutual fund are said to be on the block. Many haven't achieved the scale they were hoping for even amid the boom. The ones that are eyeing an exit are said to have under Rs 10,000 crore in assets.

Anupam Rasayan GMP at 25%

Shares of Anupam Rasayan are in demand in the unofficial grey market, with operators willing to pay a premium