The Indian government is likely to price state run Coal India’s initial public offering at 245 rupees per share, at the top end of the price range, four sources with direct knowledge of the matter said on Sunday. A panel of ministers will finalise the offer price late on Monday, said the sources. Coal India’s [...]
State-owned Coal India Ltd’s mega initial public offer (IPO), which is expected to raise around Rs15,000 crore ($3.5 billion), has received demands for more than twice the number of shares on sale, as of afternoon of the third day of the issue today. The issue attracted bids for 129.35 crore shares, against 63.1 crore equities [...]
State-run Coal India’s up to $3.5 billion initial public offering was roughly 32 percent covered by early afternoon on Monday, the first day of bids, stock exchange data showed. The offering had received bids for over 205 million shares, exchange data showed. Coal India is selling more than 631.6 million shares in its IPO. Large [...]
The Coal India initial public offer which has opened for subscription today has kept experts busy. Though most of them are bullish on it, some experts are negative on the country’s largest IPO (previously Reliance Power was the biggest IPO, which raised more than Rs 11,000 crore via IPO). The government has fixed a price [...]
A government panel headed by disinvestment secretary Sumit Bose has decided to recommend a price band of Rs 220 to 240 for the proposed initial public offer (IPO) of the world’s largest coal miner, Coal India Ltd. The final decision on the price range will be taken by the empowered group of ministers on disinvestment, [...]
Oberoi Realty is entering the capital market today with an initial public issue of 39.56 million equity shares of Rs 10 each, in the price band of Rs 253 to Rs 260 for each share. We at Myiris.com have collated views of how various brokers view the public issue: Independent analyst, SP Tulsian has recommended [...]
Ennore Port is likely to approach the ministry of shipping for its approval for an Initial Public Offering (IPO) by the end of this month in a move to raise funds for business expansion. The decision was taken at an Ennore Port board meeting last month. The Ennore Port is the only corporatized major port [...]
BS Transcomm, a provider of telecom and power infrastructure, is planning to enter the primary market to raise about Rs 200 crore through an initial public offering (IPO) of 76,79,410 equity shares. The issue will open for subscription on October 6, 2010 and will close for subscription on October 8, 2010. The issue, which will [...]
Real estate developer, Oberoi Realty, had filed for its Draft Red Herring Prospectus (DRHP) with SEBI for an initial public offering (IPO) of 39,562,000 equity shares of Rs 10 each. The real estate developer will hit the capital market with its IPO on October 6 and the issue will close for subscription on October 8, [...]
Bedmutha Industries’ Initial Public Offer (IPO) having a price band of Rs 95-102 per equity share has been subscribed 0.42 times on the first day of its subscription i.e. September 28, 2010. The issue will close on October 1, 2010.It has so far, received bids for 3755180 shares against the issue size of 9000000 equity [...]
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