SBI Life Insurance Company Limited (SBI Life) which is tapping the capital markets with its offer for sale of 12 cr shares in a price band of Rs 685-700 completed allocation to anchor investors. The company allocated 3.18 cr shares to 69 anchor investors comprising of 104 entities. Domestic mutual funds were allocated 1.27 cr […]
Archive for the ‘IPO’ Category
SBI Life Insurance Company Limited – Completes Anchor Allocation
September 21st, 2017
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Bharat Road Networks Limited -Issue debuts with 1.5% gain
September 19th, 2017
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Bharat Road Networks Limited (BRNL) had tapped the capital markets with its fresh issue for 2.93 cr shares in a price band of Rs 195-205. There was no anchor allocation. The issue was subscribed 1.81 times with QIB portion subscribed 1.33 times, HNI 1.63 times and Retail 5.69 times. The issue made its debut on […]
Markets are Crucially Poised
September 18th, 2017
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The markets gained on all five trading days of the week and in the process, have come quite close to their all-time highs. The BSESENSEX gained 585.09 points or 1.85% to close at 32,272.62 points while NIFTY gained 150.60 points or 1.52% to close at 10,085.40 points. There were no sectoral losers and all sectors […]
