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 […]
Archive for the ‘FPO’ Category
Ruchi Soya to be debt free after FPO
March 24th, 2022
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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 […]
ONGC FPO: POSTPONED
September 16th, 2011
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ONGC FPO which was scheduled to open on Tuesday the 20th of September 2011 has been postponed. Various reasons including the sudden decision to raise petrol prices with immediate effect by a steep Rs 3.14 per litre and no increase on diesel prices is also mentioned as one of the reasons for the postponement. Irrespective […]
