#HappiestMindsIPO looking to raise 110Cr,got bids worth 58000Cr
Retail subscribed 71 times
HNI subscribed 351x
Institutional,77x
Overall,#IPO was subscribed a massive 151 times,highest for a IPO in recent history
After Aug #PMI at 52,this is yet another positive
#GreenShoots
Non-life #insurers saw 10.38% rise in premiums in Aug@Rs 17623.25Cr
General insurers saw #premium collection go up 5.57% in Aug2020 to Rs13139.63Cr
Biggest gainers in premium were standalone health insurers,who saw 36.42% rise in premiums to 1462.92Cr 💪
#GreenShoots #Economy
If one thing should have been big news,it is $40billion valuation of #YONO,SBI's digital lending platform
YONO got 2.7Cr users in just 6 months--It disburses 70Cr worth loans every day,largely to #MSMEs
YONO is biggest start up by any legacy bank,#SBI in this case💪
#economy
3181 km of highways built in April-Aug period,Vs target of 2771 km
NHAI awarded Rs 31000Cr worth projects in last 5 months,despite #COVID19
3300 km of NH works awarded this year till Aug,which is more than double the 1367 km,during same period last year
#GreenShoots #economy
Big indicator of #economy coming on track is this👇
While #freight revenue,due to lockdown in April-Aug,down 22%,in Aug alone,it is down only 2%,thx to partial #Unlock
While April-Aug freight loading down 13.43%,only in Aug,it is up@ 94.63mn tonnes,Vs 91.06mn tonnes in Aug 2019
Share this Scrolly Tale with your friends.
A Scrolly Tale is a new way to read Twitter threads with a more visually immersive experience.
Discover more beautiful Scrolly Tales like this.