Apply if willing to hold for medium term MT Educare Limited (MT) is tapping the capital markets with an offer for sale of 80 lac shares and a fresh issue of equity shares for Rs 35 crs in a price band of Rs 74-80. The issue is open between the 27th and 29th of March [...]
Archive for the ‘General’ Category
National Buildings Construction Corporation: Issue subscribed
March 28th, 2012
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National Buildings Construction Corporation Limited (NBCC) which had tapped the capital markets with its offer for sale by the Government of India was oversubscribed. The issue was for 1.2 cr shares in a price band of Rs 90-106 and had a discount of 5% for retail and eligible employees. The issue was open from Thursday [...]
MahindraSatyam and Tech Mahindra Merger: A win win situation for both
March 21st, 2012
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Huge synergy and therefore upside potential The long awaited and logical merger between MahindraSatyam and Tech Mahindra was announced. The swap ratio is 1 share of Tech Mahindra for every 8.5 shares ofMahindra Satyam. The closing prices of the two shares were Rs 648.35 and Rs 74.15 respectively. A straight calculation of the same would [...]
