4 anchor investors have put in bids in Pipavav Shipyard Limited. The bids are for 30% of the QIB portion and are roughly valued at Rs 32 crs. Details are not yet known but three of the four investors are new investors and one of them is an existing investor. These shares of the anchor [...]
Archive for the ‘IPO’ Category
Jindal Cotex: Basis of allotment
September 14th, 2009
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Jindal Cotex has finalised the basis of allotment and fixed the issue price as Rs 75 per share. There will be 3.91 allottees for every Rs one lakh of equity. Firm allotment has been made to those retail participants who applied for 180 shares. There will be a total of 15,844 shareholders in the retail [...]
IPO Non-Allottment Rejection Reasons
September 14th, 2009
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1. Demat Account details furnished were found “Inactive”. 2. List of employees provided by the company does not reflect your name. 3. In terms of SEBI guidelines you are not considered as a QIB. 4. It is found that you have withdrawn your Bid. 5. More than One application found with same demat account details. [...]
