Markets went through the motions and five days were over, with nothing achieved. The sad part of the current geo-political mess is that the so called aggressor or peace maker is not sure how he can quit the war. We are almost a 100 day old war now and it seems like it started just […]
Archive for the ‘FPO’ Category
Biggest stumbling block to Middle East peace is Israel’s continuing attacks on Lebanon
June 8th, 2026
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Ruchi Soya to be debt free after FPO
March 24th, 2022
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Ruchi Soya Industries Ltd is tapping the capital markets with its follow-on public offer (FPO). The issue would raise Rs4,300 crores in a price band of Rs615-650. The issue would open on Thursday the 24th of March and close on Monday the 28th of March. The current market price as of today (22nd March is […]
Random thoughts on the Market
June 25th, 2012
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It is a well-known fact that when companies are to tap the capital markets with right issues or FPO’s (follow on public offer), it is common practice that friendly intermediaries are used to support the issue and maintain the price if not raise it. When this is done in the case of a private company […]
