ipo
ValueFirst Messaging IPO
ValueFirst Messaging Pvt Ltd , which provides mobility and communication services to enterprises, said on Thursday it has raised 700 million rupees to fund acquisition plans. The company, which enables enterprises to communicate between back-end IT systems and mobile phones, said it is also planning an initial public offering in the next 18 to 24 [...]
C Mahendra Exports IPO – No Gains for Investors on Debut
C Mahendra Exports settled at Rs 110.85 on BSE, a 0.77% premium over the initial public offer (IPO) price of Rs 110. The stock debuted at Rs 111, a 0.9% premium over its IPO price. Shares of the diamond jewellery manufacturer hit a high of Rs 120.90 and a low of Rs 110. On BSE, [...]
ONGC FollowOn Public Offer (FPO) by March 2011
ONGC’s much anticipated follow-on public offer may come by the second week of March, by which time the state-run explorer expects to settle the royalty issue with Cairn India and have clarity in the subsidy regime, Chairman and Managing Director R S Sharma said today. At the current market capitalisation of about Rs 2.7 lakh [...]
Midvalley Entertainment IPO to open on Jan 10
South based media & entertainment company Midvalley Entertainment (MVEL) will be launching its Rs 60 crore initial public offering (IPO) on January 10, 2011. The issue will close for subscription on January 11. The price band and minimum bid lot will be announced soon. It is a film production, distribution and exhibition company, actively engaged [...]
IPO Performance 2010
Equity Issue Price Current Price %Gain/Loss December-2010 MOIL 375.00 461.95 23.19 RPP Infra Proj 75.00 59.80 -20.27 November-2010 Gravita India 125.00 230.40 84.32 Coal India 245.00 320.90 30.98 October-2010 Gyscoal Alloys 71.00 31.85 -55.14 Prestige Estate 183.00 159.70 -12.73 BS TransComm 248.00 139.70 -43.67 Oberoi Realty 260.00 262.25 0.87 Commercial Eng 127.00 46.00 -63.78 Bedmutha [...]
Punjab & Sind Bank IPO Subscribed 47.2 times
Punjab & Sind Bank issue has closed today. The issue has subscribed 47.20 times so far, as per National Stock Exchange. Reserved portion of QIBs subscribed 49.80 times. Non-institutional and retail investors’ portion subscribed 22.91 times and 8.38 times, respectively. The Employee portion subscribed 1.22 times. Subscription detail QIB 49.80 NII 22.91 RETAIL 8.38 EMPLOYEE [...]
IPO Analysis – Punjab and Sind Bank – Invest
Modest valuations, superior asset quality and high return on net worth make a good case for investment in the initial public offer of Punjab and Sind Bank (PSB). At the upper end of the price band of Rs 113-120, the offer price would discount the bank’s annualised first half-year earnings (April-September 2010) by about 4.8 [...]
