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Macrotech IPO opens on Wednesday: Should you subscribe?

Macrotech IPO opens on Wednesday: Should you subscribe?

The promoter group will dilute 11.5% stake through the current offering, which means it will have to offload more shares in the future to reduce its stake to 75% or below to abide by the regulatory requirement. Given these factors, the IPO looks more suitable for investors with a high risk appetite.


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6 April 2021, 18:59