VKS Projects Limited (VKS) which had tapped the capital markets to raise Rs 55 crs was subscribed. The issue which had a price band of Rs 55-60 was open from the 29th of June and closed yesterday the 4th of July. The issue was subscribed an overall 1.03 times with the QIB and Retail portions […]
Archive for the ‘IPO’ Category
VKS Projects IPO: Issue Subscribed
July 5th, 2012
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VKS Projects IPO: Overpriced issue: AVOID
July 4th, 2012
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VKS Projects Limited (VKS) is tapping the capital markets with its IPO for Rs 55 crs. The price band is Rss 55-60 and the company would be issuing 100 lac shares at the lower end and 91.66 lacs at the upper end of the price band. The issue opened on Friday the 29th of June […]
Investors are spoilt for choice
June 15th, 2012
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That stock markets are not the best place to be in currently, is an understatement. Though meant to help industry raise funds, they are failing in this responsibility due to high valuations being demanded. This calendar year has seen a total of nine primary issues. Of these, three were withdrawn and we are almost halfway […]
