Current business is extremely expensive – AVOID Sanghvi Forging and Engineering Limited is tapping the capital markets with its IPO to raise Rs 36.9 crs in a price band of Rs 80-85. The issue has opened on Wednesday the 4th of May and is closing on Friday the 6th May for QIB’s and for bidders […]
Archive for the ‘Analysis’ Category
Sanghvi Forging and Engineering IPO: Project commencement is 12 months away
May 5th, 2011
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Cricket, India and the stock markets: Applaud the team and hats off to the leader
April 4th, 2011
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It has been a very hectic week, last week. The diplomatic semi-final played between India and Pakistan at Mohali, which brought a ray of hope of peace yet again, if not for long at least for a couple of days. Even before we could get over the victory at Mohali and digest the fact that […]
Atlas Copco Delisting offer through reverse book building accepted
March 20th, 2011
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Atlas Copco Limited has accepted the reverse book built price discovered through the bidding. The foreign promoters own 83.77% of the company and intended to delist the company by acquiring the balance 36,62,204 equity shares or 16.23% of the equity capital. The promoters offered a price of Rs 1450 based on the valuation report of […]
