SEBI had some time ago discussed the proposal of asking merchant bankers to give their views on giving track record in past issues at the time of an IPO. Not much has happened and now SEBI has asked the association of Merchant Bankers to come up with a code of conduct or self-regulation or SEBI [...]
Archive for the ‘General’ Category
SMS Menace in the stock market
May 1st, 2011
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Making money is becoming increasingly difficult in the stock market and to make matters worse one is finding that a lot of these SMS (short message service) talk about their performance and also offer facilities that only profitable calls would be chargeable. SEBI has disapproved of such SMS and had some time ago issued a [...]
Future Ventures India: QIB issue closed for subscription
April 28th, 2011
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Remains undersubscribed Future Ventures India Limited QIB portion closed for subscription today but unfortunately remained undersubscribed. The QIB portion was subscribed a mere 26%. The QIB portion was 37.5 cr shares and received subscription for a 9.74 cr shares. The saving grace for the issue was the response from HNI’s who subscribed there portion by [...]
