talwalkars

Talwalkars LISTS AT Rs 147.95 on NSE

On the National Stock Exchange Mumbai based Talwalkars Better Value Fitness has listed at Rs 147.95 as against issue price of Rs 128. The share opened at Rs 138 and was trading at Rs 156.40, on the BSE. It was opened during April 21 – 23, with 60.5 Lakh issue and was subscribed 28.39 times with a price band at Rs 123 – 128 per share. With foreign institutional investors , making a beeline for the IPO, the IPO got a strong response from investors with the current share price of Rs 151.50 discounts the company’s year ended March 2009 EPS of Rs 1.50 by the PE multiple of 101.

Talwalkars Better Value Fitness IPO is already open and it dint have a very good response on the first day and its closing tomorrow , we will see how it performs today .

TALWALKARS BETTER VALUE FITNESS LIMITED

Symbol – Series
TBVF EQ

Issue Period
Apr 21, 2010 to Apr 23, 2010

Issue Size
6,050,000 equity shares

Issue Type
100% Book Building

Face Value
Rs. 10/-

Price [...]

Talwalkars Better Value Fitness IPO is a post from: First Blog for Indian Financial Market

First time a Fitnees service provider as filed for DRHP with sebi to come out with a IPO ,
About Talwalkars and Talwalkars IPO

Established in 1932, Talwalkars Better Value Pvt Ltd (TBVF), commonly famous as Talwalkars, is India’s largest chain of health centres. It has 45 ultramodern branches across major cities in the country, with [...]

Talwalkars IPO – Files for DRHP woth Sebi is a post from: First Blog for Indian Financial Market