Shares of Tribovandas Bhimji Zaveri Limited (TBZ) listed on the BSE and NSE yesterday. The company had tapped the capital markets with its IPO during the 24th and 26th of April. The price band was Rs 120-126. The company had also made an allocation of 24.99 lac shares to three anchor investors at the […]
Archive for the ‘IPO’ Category
Tribhovandas Bhimji Zaveri: First day Flop Show, Share loses over 7%
May 10th, 2012
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Samvardhana Motherson Finance: IPO Withdrawn
May 5th, 2012
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The IPO from SamvardhanaMotherson Finance Limited (SMFL) which had tapped the capital markets to raise Rs 1,665 crs was withdrawn at the end of the 3rd Day after receiving very poor response to the issue. The issue was subscribed under a fourth and almost all of the same came from QIB’s. The HNI, Retail and […]
Samvardhana Motherson Finance: Expensive, Makes sense to invest in subsidiary MothersonSumi Systems Limited
May 2nd, 2012
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SamvardhanaMotherson Finance Limited (SMFL) is tapping the capital markets with its IPO which opens on Wednesday the 2nd of May and closes on Friday the 4th of May. The issue comprises of a fresh issue of Rs 1,344 crs and an offer for sale of Rs 321 crs. The price band is Rs 113-118. The […]
