Archive for the ‘IPO’ Category

TD Power Systems IPO: Sedate Start with share closing with gains of 7.5%

  TD Power systems Limited listed on the BSE and NSE with the opening price being Rs 251.60 on the BSE and Rs 260 on the NSE. The company had issued shares worth Rs 227 crs in a price band of Rs 256-261. The issue was oversubscribed an overall 2.92 times thanks to the QIB […]

Brooks Laboratories IPO: Listing day: A Corrigendum

Company creates dubious History with more than 100% delivery on day one I wish to make a correction in the issue size. The issue was for Rs 63 crs and the price band was Rs 90 – 100, which in terms of number of shares was 70 lacs at the lower end and 63 lacs […]

The week in primary markets

The week gone by had plenty of drama and action as far as the primary markets were concerned. One saw the listing of one NCD, an IPO and two IPO’s opened and closed during the week. Considering the weakness in the secondary markets this was lot of action for one week. Let us look at […]

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