Babus who don’t leave Mumbai quarters to not get house rent and travel allowance

Sebi has clarified that IDBI Bank can sell unlisted shares privately. These transactions will not be considered public issues by the regulator. This clarification allows for privately negotiated deals with identified buyers. IDBI Bank sought this guidance for its holdings in unlisted companies. The move facilitates secondary transfers of equity shares under specific conditions.

GV Electricals IPO allotment is set for today, 10 August. Investors can check the status on Mudra RTA’s portal, with a subscription at 169.26 times. Allocated shares will reach demat accounts by 11 August; refunds start for non-allocation. Listing is scheduled for 12 August.

Skyways Air Services IPO is priced between ₹131 to ₹138 per share, with subscription from 24-27 August. Anchor investors will be allocated shares on 21 August, and refunds will be initiated on 31 August, with listing expected on BSE and NSE on 1 September.