VA Tech Wabag Limited (VA Tech) is tapping the capital markets with a public issue which opened on Wednesday the 22nd of September and closed for QIB’s on Friday the 24th of September. The issue closes for HNI’s and retail on Monday the 27th of September and the price band is Rs 1230-1310 for an […]
Archive for the ‘Analysis’ Category
Cantabil Retail India IPO: Valuations do not merit Subscription
September 26th, 2010
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AVOID the issue Cantabil Retail India Limited is tapping the capital markets with an IPO to raise Rs 105 crs. The issue has opened on the 22nd of September and closes on Monday the 27th of September. The price band is Rs 127-135 and the issue has received support for 0.59 times at the end […]
IPO Deluge: Money or liquidity is a concern
September 19th, 2010
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It’s been raining and raining quite heavily almost all over the country. It seems the rain gods have been very kind to our country this year. The stock market is seeing a different kind of rain and it is likely to cause problems of as different kind. The large number of IPO’s which are coming […]