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The messaging app has become increasingly popular due to its focus on privacy and security, user-friendly interface, and innovative features. The new bond sales come at a time when interest rates have gone up significantly since 2021, which has resulted in a different issueprice for the bonds, according to a company executive.
The offering is not due to close until Dec. It does indicate that investors perceive profit in the shares beyond the issueprice. Speaking to Press Trust India, executive director of the group Parag Kulkarni said: “The main purpose of the IPO is to make us more visible in the global markets. What does InoxCVA produce?
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