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IPO

IL&FS Transporation fixes $154 mn IPO band

by free stock tips on March 10, 2010

in IPO

Of the total funds raised, Rs5.3 billion would go into repayment of debt and the remainder for new projects, managing director K. Ramchand said
India’s IL&FS Transportation Networks Ltd, a unit of IL&FS, has fixed a price band of Rs242-258 a share for its initial public offer to raise up to Rs7 billion ($154 million), a [...]

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NMDC FPO –Avoid- Angel Securities

by free stock tips on March 10, 2010

in IPO

NMDC Follow on Public offer (FPO) opens on 10 March and closes on 12 March, 2010.
The FPO entails issue of 33.2 crore equity shares priced in the band of Rs300-350. The company will raise between Rs9,900-11,600 crore depending on the cut-off price.
The issue of 33 crore equity share by Government of India (GoI) represents 8.38% [...]

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DQ Entertainment IPO Analysis, Updates, Company Profile, Risk and Concern Outlook and Much more

by free stock tips IPO

DQ Entertainment (International)
DQ Entertainment (International) Limited is coming with a 100% book building; initial public offering (IPO) of 1,60,48,011 shares to raise about Rs 1.28 billion. The equity shares of Rs 10 each are being offered in a price band of Rs 75-80 per equity share.
At least 60% of the issue will be allocated to [...]

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NMDC FPO price band at Rs 300-350 per share

by free stock tips IPO

The government has fixed the price band for the NMDC follow-on public offer at Rs 300-350 per share, at a discount of 12.9-25.3% to the current market price, reports CNBC-TV18’s Sajeet Manghat. Retail investors will get a further 5% discount in the issue.
The government is understood to have fixed a price band of Rs 300-350 [...]

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Angel Broking neutral on DQ Entertainment IPO

by free stock tips IPO

The initial public offering of DQ Entertainment has opened for subscription today. The 1,60,48,011 equity shares IPO is being done through 100% book building process and will close on March 10, 2010. The price band for the issue is fixed at Rs 75 – Rs 80 per equity share of Rs 10 each.
In an exclusive [...]

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NMDC FPO price-band to be fixed on 8 March; issue opens 10 March

by free stock tips IPO

The FPO comprises a net offer to the public of 330,500,000 equity shares of face value of Re1 each
Navratna public sector unit NMDC Ltd plans to tap the capital market with its FPO, offering for sale of shares for cash at a price to be determined by the book-building process.
The issue is slated to hit [...]

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Satluj Jal Vidyut Nigam (SJVNL) IPO put on hold until next fiscal

by free stock tips IPO

The Centre holds 75% stake in Satluj Jal Vidyut Nigam (SJVN) —a joint venture between the Centre and Himachal Pradesh while the remaining stake remains with the state government
The initial public offering of state-owned Satluj Jal Vidyut Nigam has been put on hold by the government after a lukewarm response to the follow-on offers of [...]

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Kalpataru Properties mulls IPO of Rs 1,000-crore

by free stock tips IPO

Kalpataru Properties, the flagship firm of the Kalpataru Group of companies and a real estate and construction firm is planning a Rs 1,000-crore initial public offering (IPO).
It has been reported that the firm is in discussions with various investment bankers, including JP Morgan and Citibank, to be appointed as the lead managers (BRLM) to the [...]

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Man Infra IPO subscribed; should you invest?

by free stock tips IPO

Man Infraconstruction has opened its 56,25,150 equity shares initial public offering (IPO) for subscription. It plans to raise upto Rs 141.75 crore from this issue at the higher end of price band, which is at Rs 243-252 per share. The issue will close on February 22, 2010.
The issue has been receiving good response, overall subscribed [...]

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United Bank IPO Analysis, Updates, Company Profile, Risk and Concern Outlook and Much more

by free stock tips IPO

United Bank of India

United Bank of India is coming up with a 100% book building; initial public offering (IPO) of 5,00,00,000 equity shares of Rs 10 each in a price band of Rs 60-66 per equity share.
At least 60% of the issue will be allocated to Qualified Institutional Buyers (QIB), including the 5% to mutual [...]

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