Archive for the ‘IPO’ Category

Sandhar Technologies Limited – Debuts Well But Selling Pressure Sees Stock Down 2.85%

Shares of Sandhar Technologies Limited listed on the bourses. The company had tapped the capital markets with its simultaneous fresh issue for Rs 300 crs and an offer for sale of 64 lakh shares in a price band of Rs 327-332. The company allotted 46,30,842 equity shares to 15 anchor investors comprising of 21 entities. […]

Karda Construction Limited – Listing Is a Disaster, Share down Over 20%

Shares of Karda Construction Limited listed on the bourses and the same was a disaster. The company had offered 43 lakh shares in a fresh issue in a price band of Rs 175-180. The issue was oversubscribed 2.53 times with QIB portion subscribed 1.53 times, HNI portion subscribed 3.43 times and Retail 2.01 times. The […]

Hindustan Aeronautics Listing Day – Share Down 7%

Shares of Hindustan Aeronautics Limited (HAL) debuted on the bourses and had a poor start. The company had tapped the capital markets through an offer for sale of 3,41,07,525 shares in a price band of Rs 1,215-1240 with a discount of Rs 25 to retail investors and eligible employees. There was no anchor allocation being […]

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