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Archive for September, 2009

Thinksoft Global sevices IPO subscribed 2.57 times

The initial public offering (IPO) of Thinksoft Global Services was subscribed 2.57 times as per the NSE website. The issue received total bids for 93,70,900 shares against its issue size of 36,46,000. The issue was scheduled to close on September 24 but was extended due to lukewarm response from investors. The company had also reduced […]


Falcon Tyres fixes record date for stock split

Falcon Tyres today announced that it has fixed September 29 as the record date for the purpose of determining the members eligible for the stock split and bonus shares. – Falcon Tyres to raise Rs 300 cr; board decides to split stock – Falcon Tyres zooms 256% post open offer The company will split a […]


Pipavav Shipyard IPO subscribed 8.21 times…

Pipavav Shipyard got over 57.64 crore bids for the company shares  against 7.01 crore shares on offer. The company received 6.39 crore bids for the issue at cut-off price. The IPO opened for subscription on September 16, 2009. Pipavav Shipyard, which is jointly owned by SKIL Infrastructure and Punj Lloyd, has current order book of […]


Sunteck Realty fixes 12th oct as stock split date…

Sunteck Realty has fixed 12 October 2009 as the record date for the purpose of sub division of equity share of Rs 10 each into 5 equity shares of Rs 2 each.


The initial public offer(IPO) of private ship-builder Pipavav Shipyard got subscribed 6.64 times

The initial public offer(IPO) of private ship-builder Pipavav Shipyard got subscribed 6.64 times till the final day , getting a strong response from investors.     The company hopes to raise funds up to Rs 513 crore through the offer. According to the latest data available with the National Stock Exchange, the IPO got over 46.57 crore […]


Pipavav Shipyard IPo subscribed 2.67 times & market also rises…

The initial public offering (IPO) of Pipavav Shipyard Ltd, which was opened for the public on Wednesday, got subscribed within a few hours, indicating availability of enough liquidity in the market. The IPO got oversubscribed by 2.67 times, as it received bids for 18.71 crore shares against the issue size of 7.01 crore shares. “The […]


Research report on Pipavav Shipyard’s initial public offering (IPO).

The issue has opened for subscription today and will close on September 18. The price band is fixed at Rs 55-60. It recommended being cautious while investing in this issue. ·         The company commenced its operations at the beginning of this fiscal year; there is lack of information with regards to the operating and financial […]