Archive for September, 2009
Reliance Infratel plan INR 5000 crore IPO….
Reliance Infratel, the tower subsidiary of telecom service provider Reliance Communications (RCom), will file a draft Red Herring Prospectus (DRHP) for its proposed Initial Public Offer (IPO) of around Rs 5,000 crore within a week. · This would be second largest IPO after the economic downturn, the biggest being the Rs 6,000-crore IPO by state-run [...]
NHPC opened at Rs.39, just 8% bove offer price…
To, Ms. Sara (Senior Promotion Executive) Ain Corporation . M. Plaza, 6- 3- 678/ 2 Power producer NHPC’s shares failed to enthuse retail investors when they opened today for trading, damping the prospects of forthcoming public issues. · The stock opened at Rs 39, 8 per cent above the offer price of Rs 36. [...]
Jindal Cotex fully subscribed on last day of issue…
The initial public offer (IPO) of the textile firm Jindal Cotex got fully subscribed on the last day of its issue today. · The company received bids for over 1.12 crore shares, the latest data with the National Stock Exchange (NSE) shows. · The Ludhiana-based textile manufacturer has come out to the capital market with [...]
