Prakash Constrowell Limited which had tapped the capital markets with its IPO to raise Rs 60 crs in a price band of Rs 130-138 was subscribed. The issue was open between the 19th and 21st of August 2011. The issue was expensive and received its maximum support from retail investors. The overall issue was subscribed [...]
Archive for the ‘IPO’ Category
IPO galore as September nears end: Minimum of six issues in ten days
September 19th, 2011
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These days when markets seem to be going nowhere the number of IPO’s tapping the capital markets is suddenly increasing. This is nothing to do with the condition of the market but one simple fact that all these documents were filed with results which are now almost six months old. The law of the land [...]
PrakashConstrowell IPO: Expensive – AVOID
September 19th, 2011
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PrakashConstrowell Limited is tapping the capital markets with its IPO which opens on Monday the 19th of September and closes on Wednesday the 21st of September. The company plans to raise Rs 60 crs in a price band of Rs 130-138. Price Band Rs 130 – Rs 138 Issue Size in Rupees Rs 6000 lacs [...]
