Archive for February, 2010
Record Date – Sterlite Technologies Stock Split and Bonus Issue
Sterlite Technologies Stock Split and Bonus Issue – Sterlite Technologies gained little bit on BSE, after the company fixed 10 March 2010 as the record date for a liberal 1:1 bonus issue and sub-division of equity shares from Rs 5 each to Rs 2 each. The company announced the record date during trading hours today, [...]
What is IPO hard underwriting/soft underwriting?
Hard underwriting refers to an exercise when an underwriter agrees to buy his commitment at its earliest stage. The underwriter guarantees a fixed amount to the issuer from the issue. If the shares are not subscribed by investors, the issue is devolved on underwriters and they have to bring in the amount by subscribing to [...]
Record date – Crompton Greaves Bonus Issue
Crompton Greaves bonus issue – Crompton Greaves has fixed 09 March 2010 as the record date for the purpose of issue of bonus shares in the proportion of 3 new equity shares for every 4 equity shares of Rs. 2 each.
Record date – Tulive Developers Rights Issue
Tulive Developers rights issue record date has been fixed as 19 March 2010. Tulive developers board has approved the rights issue in January and we have updated you about this on 13th Jan 2010.
Record Date – Sanraa Media Bonus Issue
Sanraa Media bonus issue record date has been announced as 05 March 2010 for the purpose of issuing bonus shares in the ratio of 5:4.
What is IPO open book/closed book?
In book-built issues issuers and merchant bankers are required to ensure online display of the demand and bids during the bidding period. This is known as open book system of book building. Under closed book building, the book is not made public and the bidders will have to take a call on the price at [...]
What is an e-IPO?
A company can also issue capital to public through the online system of the stock exchange. The appointment of various intermediaries by the issuer includes a prerequisite that such members/registrars have the required facilities to accommodate such an online issue process.
