Mahindra Holidays & Resort IPo subscribed 20%..
Mahindra Holidays & Resort IPO subscribed 20% on the debut date & it seems to be subscribed 40-45% on the second day. Let’s wait & see the subscription till 26th June its closing day.
· The issue received bids for 18.75 lakh shares, representing 0.20 times of the shares on offer, as per data available with the National Stock Exchange.
· The price band for the issue has been fixed between Rs 275 and Rs 325 per equity share.
· Qualified institutional buyers, which include foreign institutional investors (FIIs) and mutual funds, subscribed 32 per cent of the 55.59 lakh shares reserved for them, the NSE data shows. The company has come out with an IPO of over 92.65 lakh shares and the issue would close on June 26.
· Kotak Mahindra Capital Company, HSBC Securities and Capital Markets (India) and SBI Capital Markets are the lead managers to the issue.
*To get the password for buy calls, please subscribe to this blog. You will receive the password in next email to you*
Find investments that fit your goals with Morningstar's Premium Screeners.
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.
Comments
No comments yet.
Leave a comment