Archive for the ‘IPO’ Category

Fine Organics Limited – Gains 5% on Debut Day

Shares of Fine Organics Limited listed on the bourses on Monday the 2nd of July and gained 5%. The company had tapped the capital markets with its offer for sale of 76.65 lakh shares in a price band of Rs 780-783. The company had allotted 22.99 lakh shares to 15 anchor investors comprising of 23 […]

Markets Seeking Direction – Will July Historic Rise Over 11 Years Continue?

Last week saw a sell off on expiry day followed by huge gains the following day. The net result saw the BSESENSEX end the week with losses of 266.12 points or 0.75% at 35,423.48 points. NIFTY lost 107.55 points or 1.00% to close at 10,714.30 points. Midcap and Smallcap ended with losses of 2.52% and […]

Varroc Engineering Limited – Issue Subscribed 3.59 Times

The offer for sale from Varroc Engineering Limited was subscribed 3.59 times. The company had tapped the capital markets with its offer for sale of 2,02,21,770 equity shares in a price band of Rs 965-967. It had completed allocation to anchor investors who were allotted 60,36,518 shares. Twenty anchor investors comprising of 30 entities were […]

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