VMS Industries Limited is tapping the capital markets with an issue to Raise Rs 2575 lacs in a price band of Rs 36-40. The issue has opened on Monday the 30th of May and closes on Thursday the 2nd of June. Price Band Rs 36 – Rs 40 Offer size in shares 71,52,778 Equity Shares [...]
Archive for the ‘General’ Category
VMS Industries: issue is expensive and the business too small for comfort
June 1st, 2011
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Corporation Bank: Unique way to recover overdue accounts
May 2nd, 2011
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Corporation Bank has launched a unique way of recovering overdue accounts. When any loan is given as part of KYC (know your client) norms, a photograph of the loan taker is alkso taken. The bank has put iup the photos of defaulters in the city of the loan taker with amazing results. The loan has [...]
HNI‘s compulsorily have to apply through ASBA in IPO’s
May 2nd, 2011
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SEBI has mandated that henceforth all HNI applications in IPO’s would have to be through ASBA. This would bring about a change in how applications happen in IPO’s currently and how they would happen in future. HNI applications are leveraged applications to a great extent and because they involve interest payment, they have typically been [...]
