Shares of Reliance Nippon Life Asset Management Limited listed on the bourses and registered gains of 12.70%. Earlier the company had sold 6.12 cr shares through an offer for sale in a price band of Rs 247-252. The company had allotted 1,83,60,000 shares to 35 anchor investors. The highest allocation was made to BNP Paribas […]
Archive for the ‘IPO’ Category
Reliance Nippon Life Asset Management Limited – Debuts with gains of 12.70%
November 7th, 2017
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Khadim India Limited -Issue subscribed 1.90 times
November 7th, 2017
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Khadim India Limited which had tapped the capital markets with its simultaneous fresh issue of Rs 50 crs and an offer for sale of 65,74,093 shares was just about subscribed. The issue was subscribed 1.90 times overall. The price band was Rs 745-750 and the PE ratio at the top end of the band at […]
Primary markets bring fatigue to the bourses
November 6th, 2017
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It was yet another week of gains for the market with the small-cap and midcap stocks leading from the front. The benchmark indices saw the BSESENSEX and NIFTY gain 1.57% and 1.24% respectively. BSEMIDCAP gained 2.00% while BSESMALLCAP was up 3.09%. I am not sure what to make out of this but every Tom, Dick […]
