TCNS Clothing Company Limited which had tapped the capital markets with its offer for sale of 1,57,14,038 shares was subscribed. The price band of the issue was Rs 714-716.The issue was subscribed 5.27 times with the QIB portion subscribed 13.47 times, HNI portion subscribed 5.08 times and Retail remained undersubscribed 0.67 times. There were roughly […]

TCNS Clothing Company Limited which is tapping the capital markets with its offer for sale of 1,57,14,038 shares completed allocation to anchor investors. The price band of the offer is Rs 714-716. The company allotted 47,14,210 equity shares to 22 anchor investors comprising of 33 entities. The highest allocation has been made to Fidelity as […]

Markets were on a roll and the BSESENSEX made a new lifetime high during trading last week. BSESENSEX gained 883.77 points or 2.42% to close at 36,541.63 points. NIFTY gained 246.25 points or 2.23% to close at 11,018.90 points. NIFTY is within a stone’s throw of the lifetime high made on 29th January 2018 of […]