With reports saying that social networking giant Facebook may likely file its initial public offering (IPO) with the Securities and Exchange Commission as early as Wednesday, one pertinent quest…
Tags: India Share market, India Shares
IPO Update
For the largest producer of manganese in India, Manganese Ore India (MOIL), there is good news. The IPO of the state-owned company was subscribed 76 per cent on the first day of the bidding. This happened despite a bearish market.
The sixth one in the long list of disinvestment, that government is planning to do, the IPO has a price band of Rs 340-375 and via this the company is going to raise Rs 1,142 and Rs 1,260 crore. That however can be determined only when the price is finalized.
Tags: India Share market, India Shares
The competent institutional segment and high net worth individuals (HNI) have not revealed any attention in the IPO. The Claris Lifesciences initial public offering (IPO) of Ltd has been subscribed 0.06 times. The IPO got proposal for 489390 shares in opposition to the issue dimension of 8,848,921 shares on bid.
The high net worth individuals and competent institutional segment has not depicted any attention in the IPO. The subscription of the retail segment got for 0.7 times.
Tags: India Share market, India Shares
Initial public offering (IPO) of Sahara group’s for Sahara Prime City is in problem on Wednesday, subsequent to the Securities and Exchange Board of India (Sebi) banned important promoters and executives, counting originator Subrata Roy, of Sahara through importune money via public for the release of securities.
Tags: India Share market, India Shares
