Archive for the ‘IPO’ Category

Monte Carlo Fashions Limited – Expensive but may take lottery gains opportunity

Monte Carlo Fashions Limited is taping the capital markets with its offer for sale of 54.33 lac shares in a price band of Rs 630-645. The issue has already opened and will close on Friday the 5th of December. The company has allotted 16,29,904 shares to anchor investors at the top end of the price […]

V-Mart Retail Limited – Expensive simply avoid

V-Mart Retail Limited (Vmart) is tapping the capital markets with its IPO for 44.96 lac shares which has opened on Friday the 1st of February and closes on Tuesday the 5th of February. The issue comprises of a fresh issue of 27.61 lac shares and an offer for sale of 17.35 lac shares. The price […]

SEBI announces mandatory Safety Net Mechanism for IPO’s

SEBI today released a discussion paper for its proposed Safety Net mechanism. The trigger point is 20% price erosion from listing price. The listing price would be calculated as the volume weighted average market price for a period of 3 months from date of listing. Secondly all IPO’s would have to be benchmarked to either […]

Subscribe to RSS Feed Follow me on Twitter!