NMDC Limited is tapping the capital markets with an offer for sale of 33.22 cr shares in a price band which would be available late in the evening on Monday the 8th of March 2010. The issue opens on Wednesday the 10th of March and closes on Friday the 12th of March 2010. The company […]
Archive for the ‘FPO’ Category
REC FPO Oversubscribed
February 23rd, 2010
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REC or Rural Electrification Corporation Limited has done it. The issue was not only subscribed but this time around it appears that the two big players LIC and SBI have not helped or are not responsible in subscribing the issue. The situation is that they are unlikely to get any shares in this issue. This […]
REC FPO Subscription Day one
February 20th, 2010
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REC Limited opened for subscription today and received a decent response on the first day. 29% of the issue was subscribed on day one. The QIB portion is half subscribed with subscriptions coming between Rs 204 to Rs 210. The response is for 4.44 cr shares. The non-institutional portion has received subscription of 0.49 cr […]
