Fatpipe Networks India IPO is withdrawn
Fatpipe Networks India has withdrawn its initial public offer due to muted investor response to the issue, which was under-subscribed. The IPO was subscribed 88%. The IPO got bids for 53.63 lakh shares compared with 61.25 lakh shares on offer.
The bidding for the IPO began on 7 June 2010. It may be recalled that [...]
Jaypee Infratech IPO Price Set at Lower End – Rs 102 per share
Infrastructure firm Jaypee Infratech has priced its initial public offer (IPO) at the lower end of the Rs 102-117 a share price band following lukewarm investor response to the issue. Retail investors will be issued shares at 5% discount to the IPO price.
Jaypee Infratech’s IPO was subscribed 1.24 times and got bids for 27.39 [...]
Tarapur Transformers IPO Analysis and Recommendation – Avoid
Investors can refrain from subscribing to the initial public offer of Tarapur Transformers which manufactures and refurbishes power and distribution transformers. Steep asking price, relatively late entry into the manufacture of power transformers and the highly competitive scenario in the lower range transformer market are factors that do not lend themselves well for an investment [...]
IPO – Shree Ganesh Jewellery House Limited
Shree Ganesh Jewellery House Limited is entering in the capital markets with an initial public offering, IPO of 14,269,831 Equity Shares of Rs. 10 for cash, at a premium to be decided through a 100% Book Built Issue.
Jewellery maker and exporter Shree Ganesh Jewellery House has set a price band of Rs 260-270 per share [...]
DQ Entertainment IPO subscribed a staggering 84.25 times
Hyderabad based animation and entertainment production house DQ Entertainment (International)’s IPO (DQE) received bids for 111.35 crore shares compared with 1.32 crore shares on offer. The IPO was subscribed a staggering 84.25 times by 16:00 IST on last day of the issue today, NSE data showed.
The company has fixed the price band of Rs 75-80. [...]
Why companies go public through IPO?
Usually it is not possible to buy shares in a private company. A potential investor can approach the owners, but they’re not obliged to sell any shares. However, public companies sell at least a portion of themselves to the public and they also trade on stock exchanges. Public companies have thousands of shareholders and are [...]
Aqua Logistics IPO Valuation
Aqua Logistics plans to launch an Initial Public Offer to garner up to Rs 150 crore on January 25 and has fixed its price-band between Rs 220-230 per equity share.
Strengths
The company is consistently moving up the value chain and has been building capabilities across the logistics value chain. Strong relationship with international as well [...]
