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 [...]
Archive for the ‘IPO’ Category
SEBI announces mandatory Safety Net Mechanism for IPO’s
October 1st, 2012
No Comments
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 [...]
Thejo Engineering Limited– Expensive Avoid
September 3rd, 2012
No Comments
Minimum holding period to be 4 years for returns on listing at main exchange Thejo Engineering Limited is tapping the capital markets with its IPO which opens on Tuesday the 4th September and closes on Thursday the 6th of September. This is an IPO which would list on the SME platform of NSE. This also [...]
