Markets continue to remain in a range and seem to be discounting good and bad news as they come. The broad range of 11800-12200 on the NIFTY and 40000-41000 on the BSESENSEX seem to be keeping the indices under control. BSESENSEX lost 348.66 points or 0.85% to close at 40,445.15 points for the week while […]
Archive for the ‘IPO’ Category
Markets to Trade in a Broad Range
December 9th, 2019
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Ujjivan Small Finance Bank – Subscribed 170 Times
December 5th, 2019
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Ujjivan Small Finance Bank Limited (USFB) which had tapped the capital markets with its primary issue of Rs 750 crs received excellent response and was subscribed 170 times. Earlier the company had completed allocation to anchor investors. The company allotted 8,20,94,594 equity shares to 18 anchor investors comprising of 33 entities. The highest allocation was […]
CSB Bank Limited Has Stellar Debut – Gains 53% on Listing
December 5th, 2019
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CSB Bank Limited shares listed on the BSE and NSE and had a stellar performance gaining 53.90% on BSE and 53.97% on NSE. The company had tapped the capital markets with its simultaneous issue and received overwhelming support being subscribed 86.93 times. The fresh issue was for Rs 24 crs and the offer for sale […]
