Category: IPO

MOIL allotment done, to be listed on Dec 15th

MOIL allotment done, to be listed on Dec 15th

The state-run company MOIL has completed its allotment process and is now most likely to be listed on both the stock exchanges on Dec 15th 2010. Government has all the plans to raise Rs. 40,000 crore from PSU divestment and half of the amount has already been collected with the companies like Satluj Jal Vidyut [...]

December 10, 2010 | 1 Comment More
A2Z Maintenance sets IPO price band at Rs 400-410 a share

A2Z Maintenance sets IPO price band at Rs 400-410 a share

A2Z Maintenance & Engineering Services Ltd on Monday said it has set a price band of 400 rupees to 410 rupees for its initial public offering to raise as much as Rs 8.62 billion ($191.7 million). The offer comprises a fresh issue of equity shares at the issue price aggregating Rs 6.75 billion and an [...]

December 8, 2010 | 0 Comments More
MOIL issue price fixed at Rs 375, listing likely on Dec 15

MOIL issue price fixed at Rs 375, listing likely on Dec 15

State-run MOIL’s issue price has been fixed at Rs 375 per share at which Rs 1,260 crore will be raised from IPO investors , and the company is likely to get listed on stock exchanges on December 15. “Each share of MOIL will be issued at Rs 375 and the company is likely to be [...]

December 6, 2010 | 0 Comments More
MOIL issue gets record 32 times retail subscription

MOIL issue gets record 32 times retail subscription

The retail portion of the initial public offering of MOIL was subscribed more than 32 times (according to provisional data), making it the largest in terms of subscription multiples for any primary market offering this year. The MOIL issue, which closed today for retail and high net worth individuals, was subscribed 56.29 times, also one [...]

December 2, 2010 | 0 Comments More
Shipping Corporation of India IPO Analysis, Updates, Company Profile, Risk and Concern Outlook

Shipping Corporation of India IPO Analysis, Updates, Company Profile, Risk and Concern Outlook

Shipping Corporation of India IPO Shipping Corporation of India is coming out with a 100% book building; Follow up on Public Offer (FPO) of 84,690,730 equity shares of Rs 10 each in a price band Rs 135-140 per equity share. Up to 50% of the issue will be allocated to Qualified Institutional Buyers (QIBs), including [...]

December 1, 2010 | 2 Comments More
MOIL IPO subscribed 2.37 times on its second day

MOIL IPO subscribed 2.37 times on its second day

Manganese Ore India’s (MOIL) Initial Public offering (IPO), with the aim of raising Rs 1,238 crore, has been subscribed 2.37 times on its second day. MOIL IPO was subscribed 0.76 times on Day 1. MOIL IPO has received 79465786 bids against the issue size of 33600000 shares, 24424274 bids have been received at the cut [...]

November 30, 2010 | 0 Comments More
Claris Lifesciences IPO Analysis, Updates, Company Profile, Risk and Concern Outlook

Claris Lifesciences IPO Analysis, Updates, Company Profile, Risk and Concern Outlook

Claris Lifesciences Claris Lifesciences is coming out with a 100% book building; initial public offering (IPO) of 36,00,000 equity shares of Rs 10 each in a price band Rs 278-293 per equity share. Atleast 60% of the issue will be allocated to Qualified Institutional Buyers (QIBs), including 5% to the mutual funds. Further, 10% would [...]

November 26, 2010 | 1 Comment More
Jubilant Energy to raise $85 m via IPO

Jubilant Energy to raise $85 m via IPO

India-focused oil and gas firm Jubilant Energy said it will raise USD 85 million through an initial public offering to fund future exploration and the development of its assets in the energy-hungry country. The company, which has proved plus probable oil reserves of 24.5 million barrels of oil equivalent and daily production of almost 2,000 [...]

November 23, 2010 | 0 Comments More
Claris Lifesciences plans to raise Rs3bn via IPO [Report]

Claris Lifesciences plans to raise Rs3bn via IPO [Report]

The report stated that the company has set a price band of Rs278-293 a share for its initial public offer. Claris Lifesciences is planning to raise Rs3bn via Initial Public Offering, according to a report. The company proposes initial public offering of equiy shares of Rs10 each for cash at a price to be determined [...]

November 23, 2010 | 0 Comments More
Power Grid follow-on public offer (FPO) Allotment Status – Listing on 23rd Nov

Power Grid follow-on public offer (FPO) Allotment Status – Listing on 23rd Nov

Power Grid FPO Allotment will soon began and the registrar of Power Grid FPO which is Karvy will make the information available online. Power Grid Corporation has so far not released the date when the shares will be credited to the demat accounts or the basis of allotment. Power Grid FPO Allotment Power Grid Corporation [...]

November 22, 2010 | 0 Comments More