The largest IPO so far in the calendar year from state run GIC General Insurance Company Limited was subscribed. The company had launched its issue comprising of a fresh issue and offer for sale of 12.47 cr shares in a price band of Rs 855-912. Retail investors and eligible employees were entitled to a discount […]

Indian Energy Exchange Limited (IEX) which had tapped the capital markets with its offer for sale was just about subscribed. The company was offering 60,65,009 shares through an offer for sale in a price band of Rs 1645-1650. The company had earlier allotted 18,19,501 equity shares to 25 anchor investors comprising of 28 entities. This […]

MAS Financial Services Limited which had tapped the capital markets with its simultaneous offer and fresh issue received excellent support and was subscribed 18.39 times. The company which is raising Rs 460.04 crs through a fresh issue of Rs 233 crs and an offer for sale of Rs 227.04 crs had earlier allotted 29,61,057 equity […]