Spandana Sphoorty Financial Limited which had tapped the capital markets with its simultaneous offer of a fresh issue of Rs 400 crs and offer for sale of 93,56,725 equity shares was just about subscribed. The QIB portion was subscribed 3.11 times while the remaining two remained undersubscribed. HNI portion was subscribed 0.55 times while retail […]

Sterling and Wilson Solar Limited which is tapping the capital markets with its offer for sale for Rs 3,150 crs completed allocation to anchor investors. The price band of the issue is Rs 775-780. The company allotted 1,80,28,846 equity shares to 21 anchor investors comprising of 27 entities. The highest allocation was made to Nomura […]

It was an eventful week which went by at the bourses. There was action, drama and also an unfortunate incident where the promoter of a listed entity gave up on life and his business. Markets lost ground on three of the five days and gained on remaining two days with Friday being a classical see-saw […]