Archive for the ‘IPO’ Category

Garden Reach Shipbuilders and Engineers Limited – Issue Just About Subscribed

The offer for sale from PSU ship builder Garden Reach Shipbuilders and Engineers Limited was subscribed at the second attempt. The company had tapped the capital markets with its issue for 292.10 lac shares in a price band of Rs 115-118 with a discount of Rs 5 for Retail investors and eligible employees. The issue […]

Market Uncertainty to Continue

Markets seem to be under a severe bear grip with virtually no onslaught from bears and selling pressure. They lost ground on four of the five trading days last week. The BSESENSEX lost 614.46 points or 1.70% to close at 36,227.14 points. NIFTY lost 212.65 points or 1.95% to close at 10,930.45 points. BSEMIDCAP was […]

Ircon International Limited – Debut Day Sees Share Lose Over 12%

Shares of PSU Ircon International Limited listed on the bourses and in keeping with the market mood had a poor start. The company had tapped the capital markets with its offer for sale of 99,05,157 shares in a price band of Rs 470-475 with a discount of Rs 10 to eligible retail investors and employees. […]

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