The year 2012 has seen nine public issues so far. Of these, three, or one-third, have been withdrawn and one is yet to be listed. Of the remaining, four are trading at a discount and only one is above par. In 2011, 44 initial public offerings (IPOs) and three follow-on public offerings (FPOs) entered the […]
Archive for the ‘IPO’ Category
Speciality Restaurants IPO: Issue Subscribed
May 19th, 2012
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The IPO from Speciality Restaurants Limited better known as ‘Mainland China’ was subscribed. The company had launched its IPO in a price band of Rs 146-155. The issue was open between the 16th and 18th of May and was subscribed 2.54 times. The total issue size was 117.39 lac shares of which 17.61 lac shares […]
Speciality Restaurants: Interesting business and future prospects
May 18th, 2012
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Valuation Expensive – Hence Avoid Speciality Restaurants Limited (SRL) is tapping the capital markets with its issue for 1.17 lac shares in a price band of Rs 146-155. The issue has opened on Wednesday the 16th of May and closes today the 18th of May 2012. The company has allotted 17.61 lac shares to anchor […]
