Tijaria Polypipes Limited listed on the stock exchanges on Friday and as expected the listing turned out to be a complete disaster. The company had come out with a fixed price issue for 1 crore shares at Rs 60 each to raise Rs 60 crs. The issue was open between the 27th and 29th […]
Archive for the ‘IPO’ Category
Tijaria Polypipes IPO: Listing is a complete disaster with stock losing 69%
October 17th, 2011
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RDB Rasayans IPO: Shares lists steady and then crashes to close 66% below issue price
October 10th, 2011
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RDB Rasayans Limited had tapped the capital markets with its IPO for 45 lac shares in a price band of Rs 72-79. The issue was subscribed with the help of retail investors who subscribed their portion 3.96 times even when they were aware that there is not even a single share bid by QIB’s. […]
M and B Switchgears IPO: Issue Subscribed
October 7th, 2011
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M and B Switchgears Limited which had tapped the capital markets with its issue for 50 lac shares in a price band of Rs 180 to 186 was subscribed. The issue had opened on Wednesday the 28th of September and closed on Wednesday the 5th of October. The issue is being made to fund a […]
